Adecoagro Waits For A Better 2024/25 Harvest. Still A Hold

Adecoagro (NYSE: AGRO ) 3Q24 results were not outside of expectations, particularly for a low-seasonal quarter. Challenges in margins remain, given the generalized bear market in agricultural commodities. The company presented interesting information regarding land prices and the plans forLong-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, ...