In this video, we analize the sugar and ethanol dynamics for the 2018/19 harvest year and stress how well positioned Adecoagro is to benefit from current relative prices as a result of the high flexibility in production mix achieved. Policies such as RenovaBio in Brazil and E10 in China are considered.
The "myth" of the biological asset is dismantled in this video. The rationale behind this accounting line as well as the benefits for the user of the financial statements are addressed.
With this Excel file, you will be able to calculate total cash cost, EBITDA price and build EBITDA out from these two metrics. At the same time, you will be able to calculate the positive impact in EBITDA of the 5 year plan (+3 million tons of nominal crushing capacity).
With this Excel file, you will be able to convert Hydrous Ethanol Prices in Paulinia (you can get this price from Bloomberg) into a cts/lb sugar equivalent price in Mato Grosso do Sul.