In brief

BrasilAgro earned R$ 81.3 million in the quarter.

A land sale in Bahia drove the result.

What we know

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  1. Verified fact · material

    BrasilAgro posted net income of R$ 81.3 million in the first quarter of fiscal 2026/27, ended in September.

    Profit.

    Sources[01][02]
  2. Verified fact · material

    In the same period of the prior fiscal year, the company posted a R$ 64.3 million loss.

    Comparison.

    Sources[01][02]
  3. Verified fact · material

    The sale of part of the Rio do Meio farm in Bahia generated a R$ 50.8 million gain.

    Sale.

    Sources[01][02]
  4. Verified fact

    According to Exame, the company cut corn area after gross margin fell to 2%.

    Corn.

    Sources[02]

Transmission to assets

Market read-through

Profit came from land sales, not farming operations, which remain under pressure.

Portfolio impact

01
AGRO3positive

Profit from land sale.

Low farm margin.

What would change the view: New sales.

direct10% confidence

Direction is an explanatory hypothesis, not a forecast or recommendation.

Next signals

What to watch

  • New land sales
  • 2026/27 crop

Limits of the reporting

What remains uncertain

  • Farming margin remains low.

Full sources

02