# São Martinho’s Q2 2026/27 Profit Plummets Amid Low Sugar and Ethanol Prices and Weather Disruptions

> São Martinho reported a 71.1% year-over-year fall in second-quarter net profit to R$50.9 million, as sugar and ethanol prices declined and unseasonal rains disrupted sugarcane harvesting. Recoverable sugar fell 4.2%, milling was delayed, and about 1 million tons of cane remained unprocessed, prompting the company to extend its expected harvest completion into December.

- Date: 2026-11-10 · published 2026-11-11T15:21:22.652Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/93757-sao-martinho-s-q2-2026-27-profit-plummets-amid-low-sugar-and-ethanol-prices-and
- Commodities: [Ethanol](https://feedsoft.ai/c/ETHANOL.md)

## Why it matters

Harvest delays constrain near-term cane processing and ethanol output, which can tighten supply, while the reported decline in ethanol prices points to weaker market values. The production effect is partly offset by the company’s increased biofuel sales and subsidy support.

## Read by commodity

- ETHANOL: bullish ▲

## Sources

- insights.tridge.com: https://insights.tridge.com/speaker-product-news-reports/KJLyFXpzJzgKuB1Gqsm5QUKHGgR43AVdqLFirjpJYN7uXkJuyYGik4AA

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.