Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Bolsa de Valores de Sao Paulo  >  BRF S.A.    BRFS3   BRBRFSACNOR8

BRF S.A.

(BRFS3)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Amid pandemic, orders soar for Brazil robot that feeds pigs playing classical music

12/03/2020 | 05:21pm EST

SAO PAULO, Dec 3 (Reuters) - Orders for a Brazilian pig-feeding robot, which plays classical music while dispensing meals, soared this year as farmers strove to cut costs amid the COVID-19 pandemic.

Roboagro, the privately-owned company that sells the robot, said in a statement sent to Reuters on Thursday that orders rose by an average of 400% to 60 units per month.

The machine uses linear feeders allowing the animals, which are divided in pens, to receive the exact amount of feed needed for each meal. As it works, it plays classical music, which the company claims mitigates animal stress.

Roboagro Director Giovani Molin said in the statement the robot reduces the presence of humans on the pig farms, and generates data that helps improve overall herd management.

Feed accounts for up to 75% of pig production costs, and every cent counts amid a steep rise in grain prices due to heated demand.

According to Roboagro, farmers who use the technology can improve the feed conversion ratio of pigs, increasing animal quality. The robot can save an estimated 40,000 reais ($7,792) per year per batch of 1,000 animals, it says, a calculation that does not include labor costs.

Roboagro says its robot is in use in some 500 farms in Brazil, including suppliers to large processors like JBS SA and BRF SA, which grappled with COVID-19 outbreaks at their facilities.

Brazil, a behemoth protein producer, boosted the volume of pork exports by 40% in the first 10 months of the year. That trade generated $1.87 billion in revenue, a nearly 50% rise on strong Chinese demand. ($1 = 5.1332 reais) (Reporting by Ana Mano; Editing by Marguerita Choy)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
BRF S.A. -1.78% 20.39 End-of-day quote.-7.49%
EURO / BRAZILIAN REAL (EUR/BRL) 0.39% 6.4222 Delayed Quote.0.54%
JBS SA -0.70% 24.25 End-of-day quote.2.71%
All news about BRF S.A.
01/18BRF S A : Announcement to the Market – Joody Al Sharqiya Food Production F..
PU
01/14BRF S A : SEC Filing (6-K/a) - Current Report by Foreign Issuer (Amendment)
PU
01/06BRF S A : Notice to Shareholders - AGM Date
PU
01/06BRF S A : Transparency Manual
PU
01/04JBS : China suspends imports from Brazil pork plant over coronavirus concerns
RE
2020BRF S A : SEC Filing (6-K) - Current Report by Foreign Issuer
PU
2020BRF S A : Minutes of The Extraordinary Board of Directors Meeting
PU
2020BRF S A : Announcement to the Market – Sale of Material Equity Interest &n..
PU
2020BRF S A : Minutes of The Ordinary Board of Directors Meeting
PU
2020BRF S A : Comunicado ao Mercado - Alienação ativos da Banvit na Romênia
PU
More news
Financials
Sales 2020 38 424 M 7 305 M 7 305 M
Net income 2020 734 M 140 M 140 M
Net Debt 2020 15 446 M 2 936 M 2 936 M
P/E ratio 2020 18,5x
Yield 2020 0,94%
Capitalization 16 469 M 3 132 M 3 131 M
EV / Sales 2020 0,83x
EV / Sales 2021 0,77x
Nbr of Employees 90 000
Free-Float 99,4%
Chart BRF S.A.
Duration : Period :
BRF S.A. Technical Analysis Chart | BRFS3 | BRBRFSACNOR8 | MarketScreener
Technical analysis trends BRF S.A.
Short TermMid-TermLong Term
TrendsBearishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 11
Average target price 26,23 BRL
Last Close Price 20,39 BRL
Spread / Highest target 66,7%
Spread / Average Target 28,6%
Spread / Lowest Target -6,82%
EPS Revisions
Managers and Directors
NameTitle
Lorival Nogueira Luz Global Chief Executive Officer
Pedro Pullen Parente Chairman
Vinícius Guimarães Barbosa Vice President-Operations & Procurement Officer
Carlos Alberto Bezerra de Moura Chief Financial Officer & Vice President-Finance
Neil Hamilton dos Guimarães Peixoto Vice President-Research & Development
Sector and Competitors
1st jan.Capitalization (M$)
BRF S.A.-7.49%3 132
HENAN SHUANGHUI INVESTMENT & DEVELOPMENT CO.,LTD.6.35%26 640
HORMEL FOODS CORPORATION-3.73%24 226
TYSON FOODS, INC.0.48%23 621
WH GROUP LIMITED1.54%12 531
JBS SA2.71%12 100