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Jalles Machado reported nine-month milling down 10.1% to 7.08 million tonnes because of lower cane productivity. Adjusted EBITDA rose 7.7% to R$1,023.7 million and the company returned to a net profit of R$60.4 million.
Lower cane yields tighten Brazilian sugar and ethanol supply, while stronger ethanol pricing supports the company's margins.
Not 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.