Minimal joy for meat traders during Rio Olympic Games
By Kakie Roubaud
Last updated on
Meat retailers in Rio de Janeiro, Brazil, have expressed disappointment that the Olympic and Paralympic Games in August had a weak impact on sales, although a selected band of suppliers did benefit.
The Olympic Games is proving a major boost for Brazilian beef sales in China but consumers have been warned of unscrupulous meat vendors and beef masquerading as Brazilian.
A strong Brazilian real dented income for meat packer Marfrig, which posted a loss of R$132 million ($41.3m) in its second-quarter results up to 30 June.