# 3tentos' profit grows 2.5% in the third quarter

> 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.

- Date: 2026-11-13 · published 2026-11-14T03:06:30.225Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/98874-3tentos-profit-grows-2-5-in-the-third-quarter
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

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.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Sources

- revistacultivar.com: https://revistacultivar.com/news/3tentos%27-profit-grows-2.5%25-in-the-third-quarter.

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