Company Overview

Brasilagro – Companhia Brasileira de Propriedades Agrícolas is an agribusiness and land development company focused on the acquisition, development, operation, and sale of rural agricultural properties. The company operates primarily in the Brazilian agribusiness and farmland investment sectors, with activities centered on row crop farming, cattle ranching, and land appreciation. Its core revenue drivers include agricultural production (such as soybeans, corn, cotton, sugarcane, and grains), livestock operations, and gains from the strategic sale of developed farmland.

Founded in 2006, Brasilagro was established to replicate a private equity–style farmland investment model in Brazil, combining agricultural expertise with financial discipline. The company is publicly traded in both Brazil and the United States, with shares listed on B3 and the NYSE under the ticker LND, giving it access to domestic and international capital markets. Its strategic differentiation lies in its focus on acquiring underutilized land, improving productivity through technology and infrastructure, and monetizing value through either ongoing operations or asset divestments.

Business Operations

Brasilagro’s operations are organized around integrated agricultural production and land management activities across its portfolio of rural properties. The company generates revenue through crop cultivation, livestock production, land leasing in select cases, and the sale of farmland after operational optimization. Its business model emphasizes operational efficiency, strict capital allocation, and the rotation of assets to realize capital gains in addition to recurring agricultural income.

The company conducts both domestic and limited international operations, with the majority of assets located in Brazil and a smaller presence in Paraguay. Brasilagro controls agricultural infrastructure such as silos, irrigation systems, and logistics assets within its farms, while also relying on third-party providers for transportation and export logistics. Operations are supported by agronomic technology, productivity monitoring, and risk management practices, including commodity price hedging and climate risk diversification across regions.

Strategic Position & Investments

Brasilagro’s strategy is centered on long-term value creation through disciplined land acquisition, productivity enhancement, and opportunistic asset sales. Growth initiatives focus on improving yields on existing properties, selectively acquiring new farmland with appreciation potential, and reallocating capital into higher-return agricultural regions. The company regularly evaluates the sale of mature or fully optimized farms as part of its capital recycling strategy.

Investments are primarily concentrated in wholly owned rural properties rather than minority stakes or joint ventures, maintaining full operational control. Brasilagro has historically invested in emerging agricultural regions within Brazil, where infrastructure development and technological adoption can significantly increase land value. Its exposure to modern agricultural techniques, precision farming, and sustainable land use practices positions the company within evolving agribusiness and food production value chains, although it does not operate as a technology developer itself.

Geographic Footprint

Brasilagro’s headquarters are located in São Paulo, Brazil, with agricultural operations spread across multiple Brazilian states, including Mato Grosso, Mato Grosso do Sul, Goiás, Maranhão, Bahia, Minas Gerais, and Piauí. This diversified footprint allows the company to balance climate, soil, and market risks while participating in some of Brazil’s most productive and fastest-growing agricultural regions.

Internationally, the company maintains a presence in Paraguay, where it owns and operates farmland under a similar development and productivity-focused model. While Brazil remains the dominant contributor to revenue and assets, this cross-border exposure provides incremental diversification and access to alternative regulatory and cost environments within South America.

Leadership & Governance

Brasilagro was founded by Cresud S.A.C.I.F. y A., an Argentine agribusiness group, which remains a significant shareholder and strategic influence. The company is managed by an executive team with backgrounds in agribusiness, finance, and land management, emphasizing disciplined capital allocation, transparency, and long-term value creation for shareholders.

Key executives and leadership include:

• André Guillaumon – Chief Executive Officer
• Rafael Fagundes – Chief Financial Officer and Investor Relations Officer
• Carlos Alberto da Silva – Chief Operating Officer
• Plínio Ayrosa – Chairman of the Board

Management’s strategic vision centers on maintaining operational excellence in agriculture while leveraging land as a financial asset, balancing recurring operating income with capital appreciation and prudent risk management.