Headquartered in Buenos Aires, Argentina, Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY) is an agricultural company that produces basic agricultural commodities in Brazil and other Latin American countries. It operates through Agricultural Business; Urban Properties; and Investment Business segments.
Since Russia invaded Ukraine, concerns about food security, the rising prices of agricultural commodities, and future harvests have been heightened. Due to the war, exports from the two major producers of agricultural products have nearly stopped, leading to a rise in the prices of fertilizers, agricultural commodities, and global food prices. The increasing prices of agricultural commodities may lead to higher profits for agricultural companies, but not all companies are well-positioned to benefit from the current environment.
