MBRF shares dropped 10.38% on April 15, closing at R$ 19.60 and marking their worst daily performance since the integration with BRF. The company lost about R$ 3.182 billion in market value in a single day, according to Money Times.
The decline was mainly linked to the sale of 70 million shares by the Saudi fund Salic, rather than operational factors or the Middle East context. After the transaction, the fund retains a stake of around 11% in the company.
At the same time, the company faces higher logistics costs due to the Middle East conflict, although it has been able to pass them on to prices amid firm demand. It had also anticipated an expansion of its commercial agreement with Salic and progress in its regional strategy.
Looking ahead to Q1 2026, analysts expect weaker results, with margin pressure both in South America — due to higher cattle costs — and in North America, where profitability is expected to remain tight.
