Latest news with #Adecoagro
Yahoo
6 days ago
- Business
- Yahoo
Why Adecoagro (AGRO) Outpaced the Stock Market Today
Adecoagro (AGRO) closed at $9.54 in the latest trading session, marking a +1.71% move from the prior day. This move outpaced the S&P 500's daily gain of 0.54%. On the other hand, the Dow registered a gain of 0.52%, and the technology-centric Nasdaq increased by 0.74%. Heading into today, shares of the producer of agricultural products and renewable energy had lost 1.26% over the past month, outpacing the Consumer Staples sector's loss of 1.49% and lagging the S&P 500's gain of 4.2%. The investment community will be paying close attention to the earnings performance of Adecoagro in its upcoming release. For the full year, the Zacks Consensus Estimates project earnings of $0.58 per share and a revenue of $1.35 billion, demonstrating changes of -71.29% and -11.27%, respectively, from the preceding year. Investors should also note any recent changes to analyst estimates for Adecoagro. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 30.54% lower. Adecoagro is currently sporting a Zacks Rank of #4 (Sell). Looking at its valuation, Adecoagro is holding a Forward P/E ratio of 16.17. This expresses no noticeable deviation compared to the average Forward P/E of 16.17 of its industry. The Agriculture - Operations industry is part of the Consumer Staples sector. This industry, currently bearing a Zacks Industry Rank of 212, finds itself in the bottom 15% echelons of all 250+ industries. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to use to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Adecoagro S.A. (AGRO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Malaysian Reserve
6 days ago
- Business
- Malaysian Reserve
ZA Miner Debuts Global Renewable-Powered Cloud Mining Platform Amid Crypto Surge
LONDON, July 17, 2025 /PRNewswire/ — As the digital asset market experiences renewed momentum—with Bitcoin pushing beyond $118,000 and XRP and Ethereum gaining traction, ZA Miner, an AI-powered cloud mining platform, announces expanded global capacity to meet rising user demand. In line with industry shifts toward renewable energy infrastructure and automated systems, the move underscores a growing interest in enduring participation in cryptocurrency ecosystems. A recent report on Adecoagro and Tether highlighted how large-scale crypto mining operations are now integrating renewable energy sources to support Bitcoin mining. Reflecting this trend, ZA Miner's solar- and wind-powered data centers across Europe and North America offer an encrypted platform experience, enabling users to engage in mining activities without hardware or technical expertise. This initiative supports a broader industry pivot toward resilient and resource-efficient infrastructure. 'The market is moving beyond speculative trades—users want secure, easy-to-use tools to access blockchain networks,' said Daniel Rowe, Strategy Director at ZA Miner. 'Our expanded capacity and clean-energy operations align with that shift, offering global users a dependable venue to join the crypto ecosystem with confidence.' Energy-Efficient, Scalable Cloud Mining Ecosystem ZA Miner's platform uses AI-driven resource allocation to optimize computing power across Bitcoin, Ethereum, XRP, and other protocols. This automated system continuously adapts to network conditions, eliminating the need for manual intervention. The platform's underlying infrastructure operates on clean energy, reducing operational carbon footprint—a growing expectation in today's ESG-conscious environment. Robust security remains essential: ZA Miner's encrypted platform incorporates enterprise-grade protection and real-time monitoring to maintain user data privacy and system integrity. Positioned for Sustainable Growth The ongoing bull run in 2025 has shifted public interest from high-volatility altcoins to technology-backed participation in digital networks. In response, ZA Miner is scaling its infrastructure and adding regional integrations to serve heightened demand. This forward-looking approach aligns with broader industry patterns such as those noted in a recent Yahoo Finance article on Adecoagro's sustainable mining partnerships demonstrating the sector's evolution toward more accessible, reliable crypto infrastructure. About ZA MinerZA is an AI-powered cloud mining platform designed for scalable, secure, and sustainable participation in blockchain. Utilising a clean-energy backend and an encrypted interface, the platform enables individuals to interact with crypto networks from anywhere in the world. Learn more: Contact: info@ Logo – View original content:
CTV News
16-07-2025
- Business
- CTV News
Why crypto giant Tether bought a South American farming company
NEW YORK — Crypto powerhouse Tether, the world's largest digital assets company, is leveraging its recent acquisition of a South American agricultural firm to make a strategic play for the multi-trillion dollar a year global commodities trade. The company aims to embed its stablecoin, a digital currency pegged to the U.S. dollar that trades in crypto exchanges, into the core of markets where raw materials are bought and sold, promising to slash cross-border payment costs and times from days to seconds. New York-listed Adecoagro, a company that produces dairy in Argentina, rice in Uruguay and sugar and ethanol in Brazil, among other products, agreed in April to sell 70 per cent of its shares to Tether in a deal valued at around US$600 million. It is another sign that the quickly-expanding crypto industry is moving into brick-and-mortar businesses, and broadening investments in physical assets. 'The crypto industry is increasingly focused on bridging digital finance with tangible assets,' said Joe Sticco, chief executive of Cryptex Finance, a company that created indexes that mirror cryptocurrencies' market caps. He said that by adding income-generating assets like farmland or food processing plants, Tether could strengthen its balance sheet and provide a hedge against inflation. Tether's main business segment is USDT, a digital currency backed mostly by U.S. Treasuries. Launched in 2014, USDT has grown sharply in trading volumes amid rising interest in cryptocurrency and token prices. It is a way to make payments outside of the traditional global financial system. The big difference between USDT and bitcoin or another cryptocurrency like ethereumis that USDT is designed to track the U.S. dollar, the currency dominating global trade. Commodities trading Tether has issued US$143 billion in USDT so far, and it said in its first quarter report that it has US$149 billion in reserves, including US$120 billion in U.S. Treasuries. 'Tether wants to boost the use of its stablecoin to make cross-border payments, something that I think will grow a lot in financial markets, particularly in commodities markets,' said Marcos Viriato, the chief executive of Parfin, a South American company providing technology for transactions with cryptocurrencies. 'If a company in Brazil sells commodities to someone in Bolivia, the payment through conventional channels could take more than three days. With USDT it would take seconds,' he said, adding that operation costs would also be much lower. Parfin has a pilot project with Brazil's third largest bank, Banco Bradesco, where Brazilian commodities exporters sell products to clients abroad who pay with stablecoins. Bradesco then uses Parfin's infrastructure to convert those USDT to local currency, which is deposited in exporters' accounts. 'Tether's investment approach prioritizes companies that expand our distribution network and enhance the real-world utility of stablecoins, with Adecoagro as a prime example,' Tether said in response to a Reuters request for information on the deal. The company said it is evaluating, alongside Adecoagro's management and other industry experts, how stablecoins could enhance efficiency and liquidity in commodity trading. Tether reported late last year that it had financed a physical crude deal between a major oil company and a commodities trader, which was settled using USDTs, the first time a deal on these terms was done. Reuters reported earlier this year that Russia was using cryptocurrencies in its oil trade with China and India to skirt Western sanctions. Venezuela has also sought to use digital currencies to trade. Sugar token Another possible option for Tether as it enters the agriculture world is the so-called tokenization of commodities, said Gracy Chen, chief executive of crypto exchange Bitget. Tether already has a gold token, which mirrors gold's value and is backed by gold reserves. It could look now into a sugar or corn token, that could be used for hedging or as a collateral in pre-harvest financing, Chen said. 'In effect, they are turning farmland, sugar mills and renewable energy plants into programmable financial instruments,' she said. Tether said that it sees 'significant potential in exploring the tokenization of real-world assets, including agricultural commodities,' although it stressed that there were no immediate plans to launch a sugar or corn token. Instead, for now, the crypto company will use its acquisition for a different application. Tether said it will tap renewable energy produced by Adecoagro in its operations in South America, such as the electricity coming from sugarcane mills, to power a bitcoin mining operation. --- Reporting by Marcelo Teixeira, editing by Deepa Babington
Reuters
16-07-2025
- Business
- Reuters
Why crypto giant Tether bought a South American farming company
NEW YORK, July 16 (Reuters) - Crypto powerhouse Tether, the world's largest digital assets company, is leveraging its recent acquisition of a South American agricultural firm to make a strategic play for the multi-trillion dollar a year global commodities trade. The company aims to embed its stablecoin, a digital currency pegged to the U.S. dollar that trades in crypto exchanges, into the core of markets where raw materials are bought and sold, promising to slash cross-border payment costs and times from days to seconds. New York-listed Adecoagro (AGRO.N), opens new tab, a company that produces dairy in Argentina, rice in Uruguay and sugar and ethanol in Brazil, among other products, agreed in April to sell 70% of its shares to Tether in a deal valued at around $600 million. It is another sign that the quickly-expanding crypto industry is moving into brick-and-mortar businesses, and broadening investments in physical assets. "The crypto industry is increasingly focused on bridging digital finance with tangible assets," said Joe Sticco, chief executive of Cryptex Finance, a company that created indexes that mirror cryptocurrencies' market caps. He said that by adding income-generating assets like farmland or food processing plants, Tether could strengthen its balance sheet and provide a hedge against inflation. Tether's main business segment is USDT, a digital currency backed mostly by U.S. Treasuries. Launched in 2014, USDT has grown sharply in trading volumes amid rising interest in cryptocurrency and token prices. It is a way to make payments outside of the traditional global financial system. The big difference between USDT and bitcoin or another cryptocurrency like ethereum is that USDT is designed to track the U.S. dollar, the currency dominating global trade. Tether has issued $143 billion in USDT so far, and it said in its first quarter report that it has $149 billion in reserves, including $120 billion in U.S. Treasuries. "Tether wants to boost the use of its stablecoin to make cross-border payments, something that I think will grow a lot in financial markets, particularly in commodities markets," said Marcos Viriato, the chief executive of Parfin, a South American company providing technology for transactions with cryptocurrencies. "If a company in Brazil sells commodities to someone in Bolivia, the payment through conventional channels could take more than three days. With USDT it would take seconds," he said, adding that operation costs would also be much lower. Parfin has a pilot project with Brazil's third largest bank, Banco Bradesco ( opens new tab, where Brazilian commodities exporters sell products to clients abroad who pay with stablecoins. Bradesco then uses Parfin's infrastructure to convert those USDT to local currency, which is deposited in exporters' accounts. "Tether's investment approach prioritizes companies that expand our distribution network and enhance the real-world utility of stablecoins, with Adecoagro as a prime example," Tether said in response to a Reuters request for information on the deal. The company said it is evaluating, alongside Adecoagro's management and other industry experts, how stablecoins could enhance efficiency and liquidity in commodity trading. Tether reported late last year that it had financed a physical crude deal between a major oil company and a commodities trader, which was settled using USDTs, the first time a deal on these terms was done. Reuters reported earlier this year that Russia was using cryptocurrencies in its oil trade with China and India to skirt Western sanctions. Venezuela has also sought to use digital currencies to trade. Another possible option for Tether as it enters the agriculture world is the so-called tokenization of commodities, said Gracy Chen, chief executive of crypto exchange Bitget. Tether already has a gold token, which mirrors gold's value and is backed by gold reserves. It could look now into a sugar or corn token, that could be used for hedging or as a collateral in pre-harvest financing, Chen said. "In effect, they are turning farmland, sugar mills and renewable energy plants into programmable financial instruments," she said. Tether said that it sees "significant potential in exploring the tokenization of real-world assets, including agricultural commodities," although it stressed that there were no immediate plans to launch a sugar or corn token. Instead, for now, the crypto company will use its acquisition for a different application. Tether said it will tap renewable energy produced by Adecoagro in its operations in South America, such as the electricity coming from sugarcane mills, to power a bitcoin mining operation.
Yahoo
16-07-2025
- Business
- Yahoo
Why crypto giant Tether bought a South American farming company
By Marcelo Teixeira NEW YORK (Reuters) -Crypto powerhouse Tether, the world's largest digital assets company, is leveraging its recent acquisition of a South American agricultural firm to make a strategic play for the multi-trillion dollar a year global commodities trade. The company aims to embed its stablecoin, a digital currency pegged to the U.S. dollar that trades in crypto exchanges, into the core of markets where raw materials are bought and sold, promising to slash cross-border payment costs and times from days to seconds. New York-listed Adecoagro, a company that produces dairy in Argentina, rice in Uruguay and sugar and ethanol in Brazil, among other products, agreed in April to sell 70% of its shares to Tether in a deal valued at around $600 million. It is another sign that the quickly-expanding crypto industry is moving into brick-and-mortar businesses, and broadening investments in physical assets. "The crypto industry is increasingly focused on bridging digital finance with tangible assets," said Joe Sticco, chief executive of Cryptex Finance, a company that created indexes that mirror cryptocurrencies' market caps. He said that by adding income-generating assets like farmland or food processing plants, Tether could strengthen its balance sheet and provide a hedge against inflation. Tether's main business segment is USDT, a digital currency backed mostly by U.S. Treasuries. Launched in 2014, USDT has grown sharply in trading volumes amid rising interest in cryptocurrency and token prices. It is a way to make payments outside of the traditional global financial system. The big difference between USDT and bitcoin or another cryptocurrency like ethereum is that USDT is designed to track the U.S. dollar, the currency dominating global trade. COMMODITIES TRADING Tether has issued $143 billion in USDT so far, and it said in its first quarter report that it has $149 billion in reserves, including $120 billion in U.S. Treasuries. "Tether wants to boost the use of its stablecoin to make cross-border payments, something that I think will grow a lot in financial markets, particularly in commodities markets," said Marcos Viriato, the chief executive of Parfin, a South American company providing technology for transactions with cryptocurrencies. "If a company in Brazil sells commodities to someone in Bolivia, the payment through conventional channels could take more than three days. With USDT it would take seconds," he said, adding that operation costs would also be much lower. Parfin has a pilot project with Brazil's third largest bank, Banco Bradesco, where Brazilian commodities exporters sell products to clients abroad who pay with stablecoins. Bradesco then uses Parfin's infrastructure to convert those USDT to local currency, which is deposited in exporters' accounts. "Tether's investment approach prioritizes companies that expand our distribution network and enhance the real-world utility of stablecoins, with Adecoagro as a prime example," Tether said in response to a Reuters request for information on the deal. The company said it is evaluating, alongside Adecoagro's management and other industry experts, how stablecoins could enhance efficiency and liquidity in commodity trading. Tether reported late last year that it had financed a physical crude deal between a major oil company and a commodities trader, which was settled using USDTs, the first time a deal on these terms was done. Reuters reported earlier this year that Russia was using cryptocurrencies in its oil trade with China and India to skirt Western sanctions. Venezuela has also sought to use digital currencies to trade. SUGAR TOKEN Another possible option for Tether as it enters the agriculture world is the so-called tokenization of commodities, said Gracy Chen, chief executive of crypto exchange Bitget. Tether already has a gold token, which mirrors gold's value and is backed by gold reserves. It could look now into a sugar or corn token, that could be used for hedging or as a collateral in pre-harvest financing, Chen said. "In effect, they are turning farmland, sugar mills and renewable energy plants into programmable financial instruments," she said. Tether said that it sees "significant potential in exploring the tokenization of real-world assets, including agricultural commodities," although it stressed that there were no immediate plans to launch a sugar or corn token. Instead, for now, the crypto company will use its acquisition for a different application. Tether said it will tap renewable energy produced by Adecoagro in its operations in South America, such as the electricity coming from sugarcane mills, to power a bitcoin mining operation.
