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Terra Santa Reports Lower Profit and Revenue for Third Quarter
Results impacted by falling soybean prices, company says Terra Santa Propriedades Agrícolas reported a net profit of R$ 7.36 million for the third quarter of this year, a 7.7% decrease compared to…
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CerradinhoBio Reports R$ 72 Million Profit in the Second Quarter of the 2024/25 Crop Season
The company registered its first positive results from investments in corn ethanol and sugarcane sugar plants CerradinhoBio turned its losses into a profit of R$ 72.2 million in the second quarter of…
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Startup Targets Large Producers with Agricultural Solutions
StayAgro aims for R$7 million in revenue for the 2024/25 harvest. StayAgro, a newly founded company with an investment of R$1.55 million, fully funded with its own capital, is focusing on offering…
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SLC Agrícola Reports Third-Quarter Net Loss of R$17 Million
Company anticipates improved fourth-quarter performance with accelerated cotton deliveries. SLC Agrícola, a major producer of soybeans, cotton, corn, seeds, and beef cattle, closed the third quarter with a net loss of R$17.3…
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Rural Credit Disbursement Drops by BRL 50 Billion in First Four Months of New Agricultural Plan
A total of BRL 151.4 billion was released in financing for producers, compared to BRL 201.2 billion in the 2023/24 Agricultural Plan Rural credit disbursements by financial institutions decreased by 25% from…
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3tentos Profit Rises 46% in Q3
The company recorded BRL 318.4 million, mainly driven by grain origination and processing. Thanks to the vertical integration of its operations, the Rio Grande do Sul-based company 3tentos achieved a 46.1% increase…
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Rodobens Agricultural Consortia Grow 18% in First Half of 2024
Producers seek accessible and flexible financing alternatives, says company. The agricultural consortia sector in Brazil is expanding rapidly, with Rodobens, a company active in the automotive, financial, and real estate industries, reporting…
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CNH Industrial Profits Drop 43% in Q3 Due to Revenue Decline and Reduced Demand
CNH Industrial, the company behind agricultural machinery brands Case IH and New Holland, reported a net income of $310 million for the third quarter, marking a substantial 43% decline compared to the…
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Shull Seeds Pursues Growth in the Corn Seed Market
Ribeirão Preto-Based Company Aims for 10% Market Share in Ten Years Shull Seeds, a Brazilian hybrid corn seed company established six years ago in Ribeirão Preto, São Paulo, currently holds just 1%…
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Embrapa and Cargill Partner to Measure Carbon Emissions in Livestock
The methodology is also expected to help reduce nutrient waste in beef cattle diets. Cargill and Embrapa have announced a partnership to measure carbon emissions in beef cattle farming. The research will…
Business
Brazil Agro and Livestock business news.