BRF S.A. — Regulatory Filings 2011

Apr 8, 2011

FORM 6-K

U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

dated April 07, 2011

Commission File Number 1-15148

BRF–BRASIL FOODS S.A.

(Exact Name as Specified in its Charter) N/A (Translation of Registrant’s Name)

760 Av. Escola Politecnica Jaguare 05350-000 Sao Paulo, Brazil

(Address of principal executive offices) (Zip code)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F X Form 40-F _ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ] Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes _ No X_ If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): Not applicable.

STANDARD & POOR’S IMPROVES BRF’S OUTLOOK TO POSITIVE

Standard & Poor’s Services confirmed BRF – Brasil Foods S.A.’s BB+ rating, revising the outlook from stable to positive, including the corporate credit rating.

The revision of the Outlook was based on the Company’s performance with a gradual improvement in results, returns and maintenance of financial equilibrium. In addition, the change to a positive outlook also reflects S&P’s forecast for improved returns and for continuing operating cash generation, despite the challenging scenario of cost pressure relative to market conditions.

São Paulo, April 7, 2011.

Leopoldo Viriato Saboya Chief Financial, Administrative and Investor Relations Officer

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: April 07, 2011

By:
Name:	Leopoldo Viriato Saboya
Title:	Financial and Investor Relations Director