Company: CRESW
Filing Date: 2025-05-23
Form Type: 6-K
Source: 0001654954-25-006069
Chunk: 43

Company: CRESUD INC
Filing Date: 2025-05-23
Form: 6-K
Chunk 43
---
 1,560.3 |       - | 1,560.3 |

(1)

Local Market

(2)

International Market

(3)

Includes BrasilAgro. Does not include Agro-Uranga S.A

The Grains activity presented a negative variation of ARS 30,270 million, from a ARS 25,929 million gain during the nine-month period of fiscal year 2024 to a ARS 4,3410 million loss during the same period of fiscal year 2025, mainly because of:

●

A holding loss in Argentina due to price performance lagging behind inflation, mainly in soybeans, corn, and wheat. Although international commodity prices in dollar terms have increased slightly since the beginning of the year, the depreciation of the Argentine peso was below inflation.

●

Partially offset by better results from sales and holdings in Brazil, driven by an increase in soybean volumes sold, despite a fall in prices in BRL/Tn. Additionally, a gain was recorded in commodity derivatives results, as soybean positions taken during the campaign were sold at average prices above market levels.

The result of the Sugarcane activity increased by ARS 12,712 million, from a ARS 4,053 million loss in the nine-month period of fiscal year 2024 to a gain of ARS 8,659 million gain in the same period of 2025. This is mainly driven by higher production gains in Brazil, with improved margins due to increased ethanol consumption following the rise in diesel prizes, along with higher production volumes in tons, partially offset by higher fertilizer and transportation costs.

<div align='center'>**46

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria

Summary as of March 31, 2025**</div>

| Area in                           
 Operation (hectares)(1)           | As of 03/31/25 | As of 03/31/24 | YoY Var |
| Own                               
 farms                             |        113,431 |        115,083 | (1.4)%  |
| Leased                            
 farms                             |        151,231 |        125,540 | 20.5%   |
| Farms                             
 under concession                  |         22,469 |         22,087 | 1.7%    |
| Own                               
 farms leased to third parties     |         14,507 |