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Brazilian grain merchant 3tentos reported third-quarter 2026 net profit of R$208.2 million, up 2.5% year on year, on revenue of R$5.85 billion. Adjusted EBITDA including hedges fell 38.5% on thinner grain margins and higher logistics costs.
Squeezed margins at a major Brazilian grain handler point to tighter commercial spreads and higher logistics costs in Brazilian grain flows, which can widen basis and affect export pricing for feed ingredients.
revistacultivar.comNov 13, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
