BRASILAGRO REVISES ESTIMATES FOR 2024-25 HARVEST, BOOSTS TOTAL GRAIN FORECAST

BrasilAgro (AGRO3) increased its predictions for the 2024-2025 harvest, anticipating a total production of 410 thousand tons of grains and cotton, a 2% rise above the earlier estimate of 403.9 thousand tons. The corporation credits this expansion to favorable weather conditions and strong crop performance. The overall planted area has been revised to 176.7 thousand hectares, slightly lower than the prior estimate of 178.9 thousand hectares, but still marks a 3% increase over the previous harvest. These results show only a 1% change from the initial forecasts.
Source: InfoMoney (*Translated by Ia Niani)