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Financial risk management (Details 1)
R$ in Thousands
Jun. 30, 2019
BRL (R$)
Short-term investment [Member] | CDI [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments R$ 81,213 [1]
Notional amount of financial instruments [1]
Rate of financial instruments 6.40% [1]
Scenario I - Probable R$ (486) [1]
Rate of scenario I - Probable 5.80% [1]
Devaluation in scenario I at 25% possible R$ (1,175) [1]
Rate of devaluation in scenario I at 25% possible 4.35% [1]
Devaluation in scenario II at 50% remote R$ (2,349) [1]
Rate of devaluation in scenario II at 50% remote 2.90% [1]
Appreciation in scenario I at 25% possible R$ 1,175 [1]
Rate of appreciation in scenario I at 25% possible 7.25% [1]
Appreciation in scenario II at 50% remote R$ 2,349 [1]
Rate of appreciation in scenario II at 50% remote 8.70% [1]
Marketable securities - LFT [Member] | SELIC [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments R$ 55 [1]
Notional amount of financial instruments [1]
Rate of financial instruments 6.40% [1]
Scenario I - Probable [1]
Rate of scenario I - Probable 6.58% [1]
Devaluation in scenario I at 25% possible R$ (1) [1]
Rate of devaluation in scenario I at 25% possible 4.94% [1]
Devaluation in scenario II at 50% remote R$ (2) [1]
Rate of devaluation in scenario II at 50% remote 3.29% [1]
Appreciation in scenario I at 25% possible R$ 1 [1]
Rate of appreciation in scenario I at 25% possible 8.23% [1]
Appreciation in scenario II at 50% remote R$ 2 [1]
Rate of appreciation in scenario II at 50% remote 9.87% [1]
Marketable Securities [Member] | CDI [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments R$ 13,097 [1]
Rate of financial instruments 6.40% [1]
Scenario I - Probable R$ (79) [1]
Rate of scenario I - Probable 5.80% [1]
Devaluation in scenario I at 25% possible R$ (190) [1]
Rate of devaluation in scenario I at 25% possible 4.35% [1]
Devaluation in scenario II at 50% remote R$ (380) [1]
Rate of devaluation in scenario II at 50% remote 2.90% [1]
Appreciation in scenario I at 25% possible R$ 190 [1]
Rate of appreciation in scenario I at 25% possible 7.25% [1]
Appreciation in scenario II at 50% remote R$ 380 [1]
Rate of appreciation in scenario II at 50% remote 8.70% [1]
Cash - USD [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments R$ 21,390 [1]
Notional amount of financial instruments R$ 5,582 [1]
Rate of financial instruments 3.83% [1]
Scenario I - Probable R$ (718) [1]
Rate of scenario I - Probable 3.96% [1]
Devaluation in scenario I at 25% possible R$ (5,527) [1]
Rate of devaluation in scenario I at 25% possible 2.97% [1]
Devaluation in scenario II at 50% remote R$ (11,054) [1]
Rate of devaluation in scenario II at 50% remote 1.98% [1]
Appreciation in scenario I at 25% possible R$ 5,527 [1]
Rate of appreciation in scenario I at 25% possible 4.95% [1]
Appreciation in scenario II at 50% remote R$ 11,054 [1]
Rate of appreciation in scenario II at 50% remote 5.94% [1]
Total cash, cash equivalents [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments R$ 115,555 [1]
Notional amount of financial instruments 5,582 [1]
Scenario I - Probable (1,283) [1]
Devaluation in scenario I at 25% possible (6,893) [1]
Devaluation in scenario II at 50% remote (13,785) [1]
Appreciation in scenario I at 25% possible 6,893 [1]
Appreciation in scenario II at 50% remote 13,785 [1]
Financing in Paraguay Palmeiras [Member] | USD [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments (322) [1]
Notional amount of financial instruments R$ (84) [1]
Rate of financial instruments 3.83% [1]
Scenario I - Probable R$ (41) [1]
Rate of scenario I - Probable 3.96% [1]
Devaluation in scenario I at 25% possible R$ 319 [1]
Rate of devaluation in scenario I at 25% possible 2.97% [1]
Devaluation in scenario II at 50% remote R$ 638 [1]
Rate of devaluation in scenario II at 50% remote 1.98% [1]
Appreciation in scenario I at 25% possible R$ (319) [1]
Rate of appreciation in scenario I at 25% possible 4.95% [1]
Appreciation in scenario II at 50% remote R$ (638) [1]
Rate of appreciation in scenario II at 50% remote 5.94% [1]
Debentures [Member] | CDI [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments R$ (151,344) [1]
Rate of financial instruments 6.40% [1]
Scenario I - Probable R$ 908 [1]
Rate of scenario I - Probable 5.80% [1]
Devaluation in scenario I at 25% possible R$ 2,194 [1]
Rate of devaluation in scenario I at 25% possible 4.35% [1]
Devaluation in scenario II at 50% remote R$ 4,389 [1]
Rate of devaluation in scenario II at 50% remote 2.90% [1]
Appreciation in scenario I at 25% possible R$ (2,194) [1]
Rate of appreciation in scenario I at 25% possible 7.25% [1]
Appreciation in scenario II at 50% remote R$ (4,389) [1]
Rate of appreciation in scenario II at 50% remote 8.70% [1]
Financing For Machinery and Equipment [Member] | TJLP [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments R$ (1,284) [1]
Notional amount of financial instruments
Rate of financial instruments 6.26% [1]
Rate of scenario I - Probable 6.26% [1]
Devaluation in scenario I at 25% possible R$ 20 [1]
Rate of devaluation in scenario I at 25% possible 4.70% [1]
Devaluation in scenario II at 50% remote R$ 40 [1]
Rate of devaluation in scenario II at 50% remote 3.13% [1]
Appreciation in scenario I at 25% possible R$ (20) [1]
Rate of appreciation in scenario I at 25% possible 7.83% [1]
Appreciation in scenario II at 50% remote R$ (40) [1]
Rate of appreciation in scenario II at 50% remote 9.39% [1]
Financing For Sugarcane [Member] | TJLP [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments R$ (10,947) [1]
Notional amount of financial instruments
Rate of financial instruments 6.26% [1]
Rate of scenario I - Probable 6.26% [1]
Devaluation in scenario I at 25% possible R$ 171 [1]
Rate of devaluation in scenario I at 25% possible 4.70% [1]
Devaluation in scenario II at 50% remote R$ 343 [1]
Rate of devaluation in scenario II at 50% remote 3.13% [1]
Appreciation in scenario I at 25% possible R$ (171) [1]
Rate of appreciation in scenario I at 25% possible 7.83% [1]
Appreciation in scenario II at 50% remote R$ (343) [1]
Rate of appreciation in scenario II at 50% remote 9.39% [1]
Total Financing [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments R$ (163,897) [1],[2]
Notional amount of financial instruments (84) [1],[2]
Scenario I - Probable 867 [1],[2]
Devaluation in scenario I at 25% possible 2,704 [1],[2]
Devaluation in scenario II at 50% remote 5,410 [1],[2]
Appreciation in scenario I at 25% possible (2,704) [1],[2]
Appreciation in scenario II at 50% remote (5,410) [1],[2]
Araucária III [Member] | Soybean Bags [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments 5,222 [1]
Notional amount of financial instruments R$ 78,508 [1]
Rate of financial instruments 71.16% [1]
Rate of scenario I - Probable 71.16% [1]
Devaluation in scenario I at 25% possible R$ (1,306) [1]
Rate of devaluation in scenario I at 25% possible 53.37% [1]
Devaluation in scenario II at 50% remote R$ (2,611) [1]
Rate of devaluation in scenario II at 50% remote 35.58% [1]
Appreciation in scenario I at 25% possible R$ 1,306 [1]
Rate of appreciation in scenario I at 25% possible 88.95% [1]
Appreciation in scenario II at 50% remote R$ 2,611 [1]
Rate of appreciation in scenario II at 50% remote 106.74% [1]
Araucaria IV [Member] | Soybean Bags [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments R$ 7,238 [1]
Notional amount of financial instruments R$ 106,393 [1]
Rate of financial instruments 73.70% [1]
Rate of scenario I - Probable 73.70% [1]
Devaluation in scenario I at 25% possible R$ (1,810) [1]
Rate of devaluation in scenario I at 25% possible 55.28% [1]
Devaluation in scenario II at 50% remote R$ (3,619) [1]
Rate of devaluation in scenario II at 50% remote 36.85% [1]
Appreciation in scenario I at 25% possible R$ 1,810 [1]
Rate of appreciation in scenario I at 25% possible 92.13% [1]
Appreciation in scenario II at 50% remote R$ 3,619 [1]
Rate of appreciation in scenario II at 50% remote 110.55% [1]
Araucaria V [Member] | Soybean Bags [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments R$ 38,083 [1]
Notional amount of financial instruments R$ 575,000 [1]
Rate of financial instruments 79.39% [1]
Rate of scenario I - Probable 79.39% [1]
Devaluation in scenario I at 25% possible R$ (9,521) [1]
Rate of devaluation in scenario I at 25% possible 59.54% [1]
Devaluation in scenario II at 50% remote R$ (19,042) [1]
Rate of devaluation in scenario II at 50% remote 39.69% [1]
Appreciation in scenario I at 25% possible R$ 9,521 [1]
Rate of appreciation in scenario I at 25% possible 99.23% [1]
Appreciation in scenario II at 50% remote R$ 19,042 [1]
Rate of appreciation in scenario II at 50% remote 119.08% [1]
Jatoba I [Member] | Soybean Bags [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments R$ 6,182 [1]
Notional amount of financial instruments R$ 90,000 [1]
Rate of financial instruments 72.73% [1]
Rate of scenario I - Probable 72.73% [1]
Devaluation in scenario I at 25% possible R$ (1,546) [1]
Rate of devaluation in scenario I at 25% possible 54.55% [1]
Devaluation in scenario II at 50% remote R$ (3,091) [1]
Rate of devaluation in scenario II at 50% remote 36.36% [1]
Appreciation in scenario I at 25% possible R$ 1,546 [1]
Rate of appreciation in scenario I at 25% possible 90.91% [1]
Appreciation in scenario II at 50% remote R$ 3,091 [1]
Rate of appreciation in scenario II at 50% remote 109.09% [1]
Jatobá II [Member] | Soybean Bags [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments R$ 118,823 [1]
Notional amount of financial instruments R$ 1,833,296 [1]
Rate of financial instruments 81.65% [1]
Rate of scenario I - Probable 81.65% [1]
Devaluation in scenario I at 25% possible R$ (29,706) [1]
Rate of devaluation in scenario I at 25% possible 61.23% [1]
Devaluation in scenario II at 50% remote R$ (59,412) [1]
Rate of devaluation in scenario II at 50% remote 40.82% [1]
Appreciation in scenario I at 25% possible R$ 29,706 [1]
Rate of appreciation in scenario I at 25% possible 102.06% [1]
Appreciation in scenario II at 50% remote R$ 59,412 [1]
Rate of appreciation in scenario II at 50% remote 122.47% [1]
Jatoba III [Member] | Soybean Bags [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments R$ 42,131 [1]
Notional amount of financial instruments R$ 704,805 [1]
Rate of financial instruments 83.27% [1]
Rate of scenario I - Probable 83.27% [1]
Devaluation in scenario I at 25% possible R$ (10,533) [1]
Rate of devaluation in scenario I at 25% possible 62.45% [1]
Devaluation in scenario II at 50% remote R$ (21,066) [1]
Rate of devaluation in scenario II at 50% remote 41.64% [1]
Appreciation in scenario I at 25% possible R$ 10,533 [1]
Rate of appreciation in scenario I at 25% possible 104.09% [1]
Appreciation in scenario II at 50% remote R$ 21,066 [1]
Rate of appreciation in scenario II at 50% remote 124.91% [1]
Alto Taquari [Member] | Soybean Bags [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments R$ 4,269 [1]
Notional amount of financial instruments R$ 67,968 [1]
Rate of financial instruments 73.55% [1]
Scenario I - Probable
Rate of scenario I - Probable 7355.00% [1]
Devaluation in scenario I at 25% possible R$ (1,067) [1]
Rate of devaluation in scenario I at 25% possible 55.16% [1]
Devaluation in scenario II at 50% remote R$ (2,135) [1]
Rate of devaluation in scenario II at 50% remote 36.78% [1]
Appreciation in scenario I at 25% possible R$ 1,067 [1]
Rate of appreciation in scenario I at 25% possible 91.94% [1]
Appreciation in scenario II at 50% remote R$ 2,135 [1]
Rate of appreciation in scenario II at 50% remote 110.33% [1]
Total Receivables From Farms [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments R$ 221,948 [1]
Notional amount of financial instruments 3,455,970 [1]
Devaluation in scenario I at 25% possible (55,489) [1]
Devaluation in scenario II at 50% remote (110,976) [1]
Appreciation in scenario I at 25% possible 55,489 [1]
Appreciation in scenario II at 50% remote 110,976 [1]
Operations With Derivatives [Member] | Cattle [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments (89) [1]
Notional amount of financial instruments R$ (23,430) [1]
Rate of financial instruments [1],[3]
Scenario I - Probable R$ 40 [1]
Rate of scenario I - Probable [1]
Devaluation in scenario I at 25% possible R$ 1,692 [1]
Rate of devaluation in scenario I at 25% possible [1]
Devaluation in scenario II at 50% remote R$ 3,344 [1]
Rate of devaluation in scenario II at 50% remote [1]
Appreciation in scenario I at 25% possible R$ (1,612) [1]
Rate of appreciation in scenario I at 25% possible [1]
Appreciation in scenario II at 50% remote R$ (3,263) [1]
Rate of appreciation in scenario II at 50% remote [1]
Operations With Derivatives [Member] | USD [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments R$ 894 [1]
Notional amount of financial instruments R$ (41,889) [1]
Rate of financial instruments [1],[3]
Scenario I - Probable R$ 957 [1]
Rate of scenario I - Probable [1]
Devaluation in scenario I at 25% possible R$ 37,699 [1]
Rate of devaluation in scenario I at 25% possible [1]
Devaluation in scenario II at 50% remote R$ 74,440 [1]
Rate of devaluation in scenario II at 50% remote [1]
Appreciation in scenario I at 25% possible R$ (35,785) [1]
Rate of appreciation in scenario I at 25% possible [1]
Appreciation in scenario II at 50% remote R$ (72,527) [1]
Rate of appreciation in scenario II at 50% remote [1]
Operations With Derivatives [Member] | Grains [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments R$ (8,383) [1]
Notional amount of financial instruments R$ (2,588,394) [1]
Rate of financial instruments [1],[3]
Scenario I - Probable R$ (8,798) [1]
Rate of scenario I - Probable [1]
Devaluation in scenario I at 25% possible R$ 5,834 [1]
Rate of devaluation in scenario I at 25% possible [1]
Devaluation in scenario II at 50% remote R$ 11,047 [1]
Rate of devaluation in scenario II at 50% remote [1]
Appreciation in scenario I at 25% possible R$ (39,369) [1]
Rate of appreciation in scenario I at 25% possible [1]
Appreciation in scenario II at 50% remote R$ (76,354) [1]
Rate of appreciation in scenario II at 50% remote [1]
Operations With Derivatives [Member] | Cotton [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments R$ 164 [1]
Notional amount of financial instruments R$ (1,674) [1]
Rate of financial instruments [1],[3]
Scenario I - Probable R$ 245 [1]
Rate of scenario I - Probable [1]
Devaluation in scenario I at 25% possible R$ 526 [1]
Rate of devaluation in scenario I at 25% possible [1]
Devaluation in scenario II at 50% remote R$ 808 [1]
Rate of devaluation in scenario II at 50% remote [1]
Appreciation in scenario I at 25% possible R$ (7,016) [1]
Rate of appreciation in scenario I at 25% possible [1]
Appreciation in scenario II at 50% remote R$ (28,189) [1]
Rate of appreciation in scenario II at 50% remote [1]
Operations With Derivatives [Member] | Swap [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments R$ 986 [1]
Notional amount of financial instruments R$ 14,810 [1]
Rate of financial instruments [1],[3]
Scenario I - Probable R$ 1,038 [1]
Rate of scenario I - Probable [1]
Devaluation in scenario I at 25% possible R$ 1,602 [1]
Rate of devaluation in scenario I at 25% possible [1]
Devaluation in scenario II at 50% remote R$ 2,190 [1]
Rate of devaluation in scenario II at 50% remote [1]
Appreciation in scenario I at 25% possible R$ 498 [1]
Rate of appreciation in scenario I at 25% possible [1]
Appreciation in scenario II at 50% remote R$ (21) [1]
Rate of appreciation in scenario II at 50% remote [1]
Margin - LFT Socopa [Member] | SELIC [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments R$ 2,292 [1]
Rate of financial instruments 6.40% [1]
Scenario I - Probable R$ (14) [1]
Rate of scenario I - Probable 5.80% [1]
Devaluation in scenario I at 25% possible R$ (33) [1]
Rate of devaluation in scenario I at 25% possible 4.35% [1]
Devaluation in scenario II at 50% remote R$ (66) [1]
Rate of devaluation in scenario II at 50% remote 2.90% [1]
Appreciation in scenario I at 25% possible R$ 33 [1]
Rate of appreciation in scenario I at 25% possible 7.25% [1]
Appreciation in scenario II at 50% remote R$ 66 [1]
Rate of appreciation in scenario II at 50% remote 8.70% [1]
Total Derivatives [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments R$ (4,136) [1],[3]
Scenario I - Probable (6,532) [1],[3]
Devaluation in scenario I at 25% possible 47,320 [1],[3]
Devaluation in scenario II at 50% remote 91,763 [1],[3]
Appreciation in scenario I at 25% possible (83,251) [1],[3]
Appreciation in scenario II at 50% remote (180,288) [1],[3]
Cresca [Member] | USD [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments (1,358) [1]
Notional amount of financial instruments R$ (354) [1]
Rate of financial instruments 3.83% [1]
Scenario I - Probable R$ (44) [1]
Rate of scenario I - Probable 3.96% [1]
Devaluation in scenario I at 25% possible R$ 350 [1]
Rate of devaluation in scenario I at 25% possible 2.97% [1]
Devaluation in scenario II at 50% remote R$ 701 [1]
Rate of devaluation in scenario II at 50% remote 1.98% [1]
Appreciation in scenario I at 25% possible R$ (350) [1]
Rate of appreciation in scenario I at 25% possible 4.95% [1]
Appreciation in scenario II at 50% remote R$ (701) [1]
Rate of appreciation in scenario II at 50% remote 5.94% [1]
Cresud [Member] | USD [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments R$ 301 [1]
Notional amount of financial instruments R$ 79 [1]
Rate of financial instruments 3.83% [1]
Scenario I - Probable R$ 12 [1]
Rate of scenario I - Probable 3.96% [1]
Devaluation in scenario I at 25% possible R$ (78) [1]
Rate of devaluation in scenario I at 25% possible 2.97% [1]
Devaluation in scenario II at 50% remote R$ (156) [1]
Rate of devaluation in scenario II at 50% remote 1.98% [1]
Appreciation in scenario I at 25% possible R$ 78 [1]
Rate of appreciation in scenario I at 25% possible 4.95% [1]
Appreciation in scenario II at 50% remote R$ 156 [1]
Rate of appreciation in scenario II at 50% remote 5.94% [1]
Total Related Parties [Member]  
Disclosure of risk management strategy related to hedge accounting [line items]  
Financial instruments R$ (1,057) [1]
Notional amount of financial instruments (275) [1]
Scenario I - Probable (32) [1]
Devaluation in scenario I at 25% possible 272 [1]
Devaluation in scenario II at 50% remote 545 [1]
Appreciation in scenario I at 25% possible (272) [1]
Appreciation in scenario II at 50% remote R$ (545) [1]
[1] SOURCE Risks: Bloomberg
[2] The sensitivity analyses do not consider financing transactions with fixed rate.
[3] For sensitivity analysis of derivative positions, forward rates and prices at each maturity date of the operation were used, according to the table above.