Business
Jalles Machado : Adverse weather and tariffs cut yields and profits, but strong liquidity and hedging support stability
Jalles Machado : Adverse weather and tariffs cut yields and profits, but strong liquidity and hedging support stability
About this update from Jalles Machado Sa
Yield and profitability declined due to adverse weather and U.S. tariffs on organic sugar, prompting a shift toward ethanol production. Liquidity remains strong, with most of the crop sold forward at favorable prices, and ongoing cost controls aim to offset losses.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.