# Adecoagro S.A.: Adjusted EBITDA reached $471.8 million in 9M26, reaching an all-time high for a nine-month period. Monthly records set for urea and ammonia production and strong cane productivity.

> Adecoagro reported third-quarter 2026 results with nine-month adjusted EBITDA of $471.8 million, a record for that period. Urea and ammonia output hit monthly records, while higher interest expenses from acquiring its fertilizer business weighed on adjusted net income.

- Date: 2026-11-11 · published 2026-11-12T12:15:08.496Z
- Category: report · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/95454-adecoagro-s-a-adjusted-ebitda-reached-471-8-million-in-9m26-reaching-an-all
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Record urea output from a South American producer adds fertilizer supply in Brazil and Argentina, which is mildly bearish for nitrogen prices. The company's results have little direct effect on feed grain or protein prices.

## Read by commodity

- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2023-07-30 | [India’s Fertilizer Report Card for Q1FY’23-24: Record Production, Imports, and Sales -](https://feedsoft.ai/events/5886-india-s-fertilizer-report-card-for-q1fy-23-24-record-production-imports-and.md) | -5.9% | -10.4% |
| UREA | 2026-08-31 | [Earnings call transcript: OMIFCO posts strong H1 2026 profit as urea output stays high By Investing.com](https://feedsoft.ai/events/5472-earnings-call-transcript-omifco-posts-strong-h1-2026-profit-as-urea-output.md) | +11.1% | +14.6% |
| UREA | 2020-10-30 | [Acron’s net AN and urea merchant availability up 27% and 25% YoY in 9M 2020](https://feedsoft.ai/events/50945-acron-s-net-an-and-urea-merchant-availability-up-27-and-25-yoy-in-9m-2020.md) | +2.6% | +15.1% |
| UREA | 2022-12-07 | [Fertilizers prices to remain high, urea to fall on expansions :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)](https://feedsoft.ai/events/38530-fertilizers-prices-to-remain-high-urea-to-fall-on-expansions-content-tap-oan.md) | -3.6% | -12.4% |
| UREA | 2024-07-08 | [Fertilizer prices edge lower amid lower input costs and improved production prospects](https://feedsoft.ai/events/29612-fertilizer-prices-edge-lower-amid-lower-input-costs-and-improved-production.md) | -0.1% | +3.8% |

## Sources

- prnewswire.com: https://www.prnewswire.com/news-releases/adecoagro-sa-adjusted-ebitda-reached-471-8-million-in-9m26--reaching-an-all-time-high-for-a-nine-month-period-monthly-records-set-for-urea-and-ammonia-production-and-strong-cane-productivity-302936947.html

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