BrasilAgro Narrows Loss Despite Weak Sugarcane and Cotton

BrasilAgro's net loss narrowed by 35% in fiscal year 2026 compared to the previous year, as stronger soy and corn operations helped offset weaknesses in sugarcane and cotton.

The Brazilian agribusiness company reported a net loss of BRL 90 million on net revenue of BRL 926 million and adjusted EBITDA of BRL 100 million for the year ended June 30, 2026. Shares fell 2.58% to $3.77 as investors weighed the improved operating picture against ongoing weather, commodity, and financing pressures.

Management said it plans to prioritize debt reduction over larger share buybacks, given a 14% cost of capital. The company expects a stronger next cycle, helped by higher locked-in prices for soy, corn, and cotton, as well as a recovery in sugarcane after a difficult harvest.