BRF Brazil Foods says higher corn prices to help Q2 results

SAO PAULO, April 30 Tue Apr 30, 2013 9:19am EDT

SAO PAULO, April 30 (Reuters) - Falling corn prices are helping BRF Brasil Foods SA, the world's largest poultry exporter, and will be reflected in the company's second-quarter results, Vice President of Finances Leopoldo Saboya said on Tuesday.

The company's stock rose 3 percent the day after it reported first-quarter earnings that had nearly doubled from a year earlier due to lower feed costs and higher sales.