U.S. markets closed
  • S&P 500

    3,790.93
    +112.50 (+3.06%)
     
  • Dow 30

    30,316.32
    +825.43 (+2.80%)
     
  • Nasdaq

    11,176.41
    +360.97 (+3.34%)
     
  • Russell 2000

    1,775.77
    +66.90 (+3.91%)
     
  • Crude Oil

    86.37
    -0.15 (-0.17%)
     
  • Gold

    1,734.20
    +3.70 (+0.21%)
     
  • Silver

    21.11
    +0.01 (+0.05%)
     
  • EUR/USD

    0.9984
    -0.0002 (-0.02%)
     
  • 10-Yr Bond

    3.6170
    -0.0340 (-0.93%)
     
  • GBP/USD

    1.1461
    -0.0014 (-0.12%)
     
  • USD/JPY

    144.0690
    -0.1300 (-0.09%)
     
  • BTC-USD

    20,294.40
    +689.91 (+3.52%)
     
  • CMC Crypto 200

    460.91
    +15.47 (+3.47%)
     
  • FTSE 100

    7,086.46
    +177.70 (+2.57%)
     
  • Nikkei 225

    26,992.21
    +776.42 (+2.96%)
     

BrasilAgro buys $54.5 mln farm in top Brazilian grain producing state

·1 min read

SAO PAULO, Sept 15 - Brazilian agriculture company BrasilAgro said on Thursday it has agreed to buy a farm in Mato Grosso, the country's top grain producing state, for 285.6 million reais ($54.5 million).

In a securities filing, the company said the price it was paying for the 10,800 hectare-property was the equivalent of 302 bags of soybeans per useful hectare, and that it would pay in two installments.

"This transaction was important for us to diversify and expand our presence in the state of Mato Grosso, one of the most important in the production of commodities in the world, and guarantee the growth of our productive area," the company said.

($1 = 5.2413 reais) (Reporting by Roberto Samora)