REFILE-Brazil's JBS estimates $450 mln gain from lower grain prices, especially corn
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(In 2nd paragraph, clarifies that part of the gain will be captured in 2nd half of 2023)
SAO PAULO, Aug 15 (Reuters) - Brazilian meatpacker JBS SA said a fall in grain prices will benefit its pork and poultry businesses globally as it discussed quarterly results with analysts on a conference call on Tuesday.
CFO Guilherme Cavalcanti said JBS estimates gains of $450 million related to lower grain prices for 2023, with part of it to be captured over the second half. That represents a revision from the $340 million annual guidance the company gave at the end of the first quarter, he said. (Reporting by Ana Mano)
