Record Quarterly Crushing in Brazil
Achieved an all-time quarterly crushing record of 4.9 million tons in Brazil, resulting in a 40% increase in ethanol production compared to the previous year.
Profertil Acquisition
Signed an agreement to acquire a 50% stake in Profertil, the largest producer of granular urea in South America. The transaction is valued at approximately $600 million and is expected to reduce volatility in results and diversify operations.
Dairy Productivity Achieves New Record
Cow productivity reached a new record at 39.1 liters of milk per cow per day during the quarter.
Ethanol Production Strategy Success
Switched strategy to maximize ethanol production, achieving a 58% ethanol mix compared to 45% the previous year, reflecting high flexibility and better margins.