SLC Agrícola completes Grupo Radar land purchase for R$ 669 million
SLC Agrícola completed the purchase of the Mato Grosso Block from Grupo Radar for R$ 669 million, an area of 11,100 hectares, according to Money Times and CNN Brasil.
One of Brazil's largest listed farm producers, operating in soybeans, corn and cotton.
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The company reported net profit of R$245 million for Q2 2026, up 75% year over year, in results released on the evening of August 12.
Updated October 31, 2026 · 10 verified articles
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International grain and fiber prices, yields, input costs and the exchange rate determine the company's revenue, margins and cash generation.
Explanatory mechanism, not a forecast or recommendation.SLC Agrícola completed the purchase of the Mato Grosso Block from Grupo Radar for R$ 669 million, an area of 11,100 hectares, according to Money Times and CNN Brasil.
Abiove cut its projection for Brazil's 2026 soybean exports from 115.4 million to 115 million tonnes, still 6.3% above 2025, and raised crushing to 63.5 million tonnes, a record about 8.5% above the 58.5 million of 2025. Production was kept at 180.46 million tonnes; soy oil exports are seen up 36% at 1.8 million tonnes and meal exports up 8.5% at 25.3 million.
The IBGE Municipal Agricultural Production survey shows a record value of R$ 927.2 billion in 2025, a nominal 18.4% increase over 2024. Soybeans accounted for 34% of the total, with R$ 315.7 billion and a 165.3 million tonne crop; corn rose 38.9% in value and overtook sugarcane; coffee grew 44.7% to R$ 100 billion. Harvested area exceeded 100 million hectares for the first time and Mato Grosso led with 17.9% of the total.
The 12th and final Conab survey for the 2025/26 crop, released on September 15, estimates grain output of 361.7 million tonnes, up 2.6% from the previous cycle and 0.3% from August, on a planted area of 83.5 million hectares (+1.7%). Soybeans reach a record 180.4 million tonnes (+5.2%), cotton 4.14 million (+1.5%) and sorghum 7.35 million; corn grows 2% to 144 million, while rice (11.08 million, -13.2%), beans (2.95 million, -3.6%) and wheat (5.74 million, -27.1%) decline; soybean exports are projected at a record 116.2 million tonnes.
SLC Agrícola's board approved on September 11 the issue of 515,480 financial rural product notes (CPR-F) totalling R$ 515.48 million, maturing September 15, 2033, paying 95.5% of DI, amortising in two equal instalments in 2031 and at maturity, with a Bradesco guarantee on 100% of the balance and Bradesco BBI as lead on a firm-commitment basis; proceeds, earmarked for production, trading, working capital and investment in agribusiness, will be fully swapped into dollars at a cost of currency variation plus 6.15% a year.
The USDA's September 11 supply and demand report raised its estimate of the US soybean crop to 4.535 billion bushels (123.4 million tonnes), at 52.8 bushels an acre, from 4.519 billion in August and against expectations of a cut to 4.501 billion; the November contract in Chicago closed down 2.68% at US$ 12.96 a bushel, and corn fell to US$ 5.30. The USDA also raised Brazilian corn output from 140 to 141 million tonnes and cut exports from 42 to 40 million.
Tenda said on September 8 that Marcos Cruz took over as chief executive from Rodrigo Osmo, at the end of a three-month transition begun in May; Osmo stays in charge of Alea, the wood-frame housing subsidiary, through the first half of 2027 and then joins the board. The same day the Ibovespa portfolio that adds TEND3 and drops RECV3 and SLCE3 took effect.
The National Monetary Council approved on September 4 a measure widening access to debt renegotiation for farmers and cooperatives hit by adverse weather, per Agência Brasil and Poder360. The deadline to contract the debt restructuring is November 12, with payment over up to eight years and two years of grace, per CNN Brasil, which also records the reclassification of rural credit operations.
President Lula signed Law 15,495, creating the Fertilizer Industry Development Program, Profert, with incentives for domestic fertilizer production, per Agência Senado, Agência Câmara and Poder360. Per Poder360, there was a partial veto of the provision defining fertilizers as products extracted and produced in the national territory.
SLC Agrícola reported net profit of R$245 million for the second quarter of 2026, up 75% from a year earlier, in results released on the evening of August 12.