UPDATE 1-Brazil's BRF plans to raise prices to counter high corn costs
April 29, 2016 at 11:12 AM EDT
SAO PAULO, April 29 (Reuters) - Brazilian food processor BRF SA plans to increase prices by about 7 percent in May to help it counter rising costs and a generally challenging market that is expected to continue through midyear, Chief Executive Officer Pedro Faria said on Friday.