{"id":366952,"date":"2024-05-23T15:04:05","date_gmt":"2024-05-23T18:04:05","guid":{"rendered":"https:\/\/anba.com.br\/?p=366952"},"modified":"2024-05-23T15:04:53","modified_gmt":"2024-05-23T18:04:53","slug":"brazils-brf-ksas-salic-sign-200000-tons-deal","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/brazils-brf-ksas-salic-sign-200000-tons-deal\/","title":{"rendered":"Brazil\u2019s BRF, KSA\u2019s SALIC sign 200,000 tons deal"},"content":{"rendered":"\n<p>S\u00e3o Paulo \u2013 Saudi Agricultural and Livestock Investment Company (SALIC) and Brazilian food processor BRF S.A. earlier this week entered into a strategic product supply agreement allowing SALIC to acquire up to 200,000 tons of products from BRF per year whenever there is a state of food emergency in Saudi Arabia, the Brazilian firm reported on Wednesday (22).<\/p>\n\n\n\n<p>SALIC is the owner of shares representing 11.03% of the total capital of <a href=\"https:\/\/www.brf-global.com\/\" target=\"_blank\" rel=\"noopener\">BRF<\/a>, which is a leading global manufacturer of foods, particularly chicken meat, and owns brands like Sadia and Perdig\u00e3o.<\/p>\n\n\n\n<p>According to BRF, there was no participation by SALIC or its managers in BRF\u2019s decision-making process regarding the execution of the contract. \u201cThe company\u2019s obligation to sell products to SALIC is conditional, among other factors, on the existence of plants authorized for export to Saudi Arabia, in a manner that does not impair the supply of the [BRF]\u2019s products to other clients in that country,\u201d the statement went on.<\/p>\n\n\n\n<p><em>Read more:<\/em><br><a href=\"https:\/\/anba.com.br\/en\/brazils-brf-pet-exports-to-three-arab-countries\/\">Brazil\u2019s BRF Pet exports to 3 Arab countries<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Brazil-Saudi agreement<\/h2>\n\n\n\n<p>BRF\u2019s management says it considers the agreement to be equitable because the price to SALIC will be equivalent to an average of market prices charged by the company to other clients and the supply obligation will only exist if the company has plants authorized for export to Saudi Arabia with sufficient volume to also meet the needs of its other clients in that country.<\/p>\n\n\n\n<p><strong>Translated by Guilherme Miranda<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-267821\">Nelson Almeida\/AFP<\/div>","protected":false},"excerpt":{"rendered":"<p>The firms from Brazil and Saudi Arabia entered into a strategic agreement allowing BRF to sell up to 200,000 tons to SALIC whenever there is a food emergency in the Arab country.<\/p>\n","protected":false},"author":2316,"featured_media":267821,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[102],"tags":[11911,49488,34802,24411,42464],"class_list":{"0":"post-366952","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-agribusiness","8":"tag-brf-en-2","9":"tag-brf-and-salic","10":"tag-exportacao-de-frango-en","11":"tag-poultry-export","12":"tag-salic-en-2"},"wps_subtitle":"The firms from Brazil and Saudi Arabia entered into a strategic agreement allowing BRF to sell up to 200,000 tons to SALIC whenever there is a food emergency in the Arab country.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/366952","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=366952"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/366952\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/267821"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=366952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=366952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=366952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}