BrasilAgro Reports Adjusted Harvest Projections
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BrasilAgro Reports Adjusted Harvest Projections

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.

For further insights into LND stock, check out TipRanks’ Stock Analysis page.

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