“Regarding our 5 Year plan, we continue on schedule with the most important part that is sugarcane planting. Dry weather has certainly delayed our crushing plan for 2019 and the beginning of 2020. We have rains now and weather appears to be normalizing. This is why we feel confident that as of the second quarter 2020 we will be able to resume crushing activities according to the original plan.

Moving to our Farming business, political and economic uncertainties in Argentina posed operational challenges. Specifically after the primaries last August, market sentiment shifted abruptly and relative prices adjusted accordingly. In this line, our latest farmland independent appraisal reflected a 10% reduction year-over-year for our farmland in Argentina. The value for our Brazilian and Uruguayan farmland, however, remain unchanged."

Quarterly Earnings

Some of the information or materials made available on this website may contain forward-looking statements. Statements including words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect" or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to assumptions, risks and uncertainties that could cause actual events or actual future results to differ materially from the expectations set forth in the forward-looking statements. Some of the factors which could cause Adecoagro’s results to differ materially from its expectations include, but are not limited to, those described in detail in the Risk Factors page. Shareholders may receive a hard copy of the Company's 2018 Annual Report and Audited Consolidated Financial Statements free of charge by requesting a copy within a reasonable period of time from Adecoagro's Investor Relations office, at ir@adeacoagro.com

SEC Filings

Date Filling Type Description View