Company: CRESW
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001654954-25-012195
Chunk: 172

Company: CRESUD INC
Filing Date: 2025-10-24
Form: 20-F
Item: Item 4
Chunk 172
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72
Cattle

Our cattle production involves the breeding and fattening of our own animals. In some cases, if market conditions are favorable, we also purchase and fatten cattle which we sell to slaughterhouses and supermarkets. As of June 2025, our cattle aggregated 77,784 heads, and we had a total surface area of 82,621 hectares of own and leased lands devoted to this business activity.

During the fiscal year ended June 30, 2025, our production was 11,572 tons, an 15.9% year-on-year increase. The following table sets forth, for the fiscal years indicated below, the cattle production volumes measured in tons:

                            2025             2024            2023            2022            2021    
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Cattle production(1)           11,572           9,982           9,743           8,746           9,956
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(1)   Production measured in tons of live weight. Production is the sum of the net increases (or decreases) during a given period in live weight of each head of cattle owned by us.
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We develop livestock production under two modalities:

  1.    Full-cycle with owned cattle, which includes breeding, rearing, and fattening.
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   2.          Feedlot fattening of purchased cattle, acquired for finishing and sale.

In the full-cycle system, we work with breeding cows and bulls. Each cow gives birth approximately once a year and their productive lifespan is from six to seven years. Six months after birth, calves are weaned and transferred to pastures for rearing and fattening. During this stage, the cattle are for 12 to 18 months until they reach optimal finishing weight.

In the feedlot fattening of purchased cattle, animals (steers, heifers, and calves) enter directly into the finishing system, remaining in the feedlot for about 120 days before being sold as finished cattle. Slaughter weights average between 380 and 430 kg for steers and 280 to 295 kg for heifers, depending on the breed.

Pregnancy rates have shown positive evolution in recent years, maintaining acceptable efficiency levels despite adverse weather conditions. This outcome is supported by genetic improvement, herd management, and the adoption of reproductive technologies such as artificial insemination with selected bovine genetics acquired from specialized suppliers.

Herd health is supported by veterinary products from national and international laboratories and supervised