Brasilagro Cia Brasileira De Propriedades Agricolas ADR (LND) has released an update.
BrasilAgro reveals updates on its agricultural operations for the 2023/2024 harvest, indicating a significant reduction in planted area and production due to corn price volatility and adverse weather conditions. The sugarcane harvest concluded with a yield of 2.0 million tons, while meat production is expected to decrease by 30% because of insufficient rainfall. The company cautions these estimates are not guaranteed and invites stakeholders to review detailed projections in their Reference Form.
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