# Adecoagro (AGRO) Q3 2026 Earnings Call Transcript | The Motley Fool

> Adecoagro reported nine-month adjusted EBITDA of $471.8 million, up 24.8%, with fertilizer sales offsetting lower sugar revenue. Net debt rose to $1.8 billion after paying $136 million for the Caarap3 mill acquisition. Urea sales and realized prices both increased year on year.

- Date: 2026-11-12 · published 2026-11-13T12:16:10.272Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/97747-adecoagro-agro-q3-2026-earnings-call-transcript-the-motley-fool
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Ethanol](https://feedsoft.ai/c/ETHANOL.md)

## Why it matters

Higher urea realized prices and strong fertilizer demand ahead of planting point to tight nitrogen supply conditions in South America. Sugar and ethanol softness is a secondary factor for feed buyers.

## Read by commodity

- UREA: bullish ▲
- ETHANOL: neutral

## Sources

- fool.com: https://www.fool.com/earnings/call-transcripts/2026/11/12/adecoagro-agro-q3-2026-earnings-call-transcript/

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