Investment Properties (Tables)

12 Months Ended

Jun. 30, 2026

Investment Properties [Abstract]

Schedule of Investment Properties

		Land – Farms				Buildings and improvements				Clearances				Total in operation				Construction in progress				Total
At June 30, 2024			939,087				106,373				231,020				1,276,480				57,060				1,333,540
Acquisitions			86				1,563				787				2,436				65,337				67,773
Acquisitions – Business combination (Note 2.3)			-				2,689				-				2,689				577				3,266
Write-offs			(12,782	)			(6,412	)			(17,938	)			(37,132	)			(448	)			(37,580	)
Transfers			-				32,657				44,705				77,362				(77,362	)			-
Transfers between fixed asset x PPI			-				(33	)			-				(33	)			11				(22	)
(-) Depreciation / amortization			-				(6,809	)			(29,171	)			(35,980	)			-				(35,980	)
Effect from conversion			(5,575	)			(476	)			(979	)			(7,030	)			(133	)			(7,163	)
At June 30, 2025			920,816				129,552				228,424				1,278,792				45,042				1,323,834
Acquisitions (*)			47,133				2,919				2,478				52,530				50,001				102,531
Write-offs			(1,420	)			(953	)			(632	)			(3,005	)			-				(3,005	)
Transfers			-				6,680				33,902				40,582				(40,582	)			-
Transfers between fixed asset x PPI			-				-				-				-				(23,081	)			(23,081	)
(-) Depreciation / amortization			-				(9,136	)			(32,766	)			(41,902	)			-				(41,902	)
Effect from conversion			(16,061	)			(1,459	)			(2,861	)			(20,381	)			(574	)			(20,955	)
At June 30, 2026			950,468				127,603				228,545				1,306,616				30,806				1,337,422
Total cost			950,468				148,106				373,725				1,472,299				30,806				1,503,105
Accumulated depreciation			-				(20,503	)			(145,180	)			(165,683	)			-				(165,683	)
Net book balance			950,468				127,603				228,545				1,306,616				30,806				1,337,422

Annual depreciation rates (weighted average) - %							4-20				5-20

(*)

Write-off of “Trade accounts receivable” and reclassified 2,218.5 productive hectares as investment properties, recognized at fair value in the amount of R$47,133 (Note 8.1.e).

Schedule of Fair Value of Investment Properties

The table below shows the fair value of investment properties are as follows:

				Hectare														Fair Value*								Cost Value
Farm		State		2026				2025				Real estate		Acquisition				2026				2025				2026				2025
Jatobá Farm		Bahia			8,886				8,868			Jaborandi Ltda			Mar-07				356,552				340,104				12,714				12,799
Alto Taquari Farm		Mato Grosso			1,373				1,373			Mogno Ltda			Aug-07				24,028				29,210				2,814				3,161
Chaparral Farm		Bahia			24,841				24,841			Cajueiro Ltda			Nov-07				599,072				804,701				91,375				88,641
Nova Buriti Farm		Minas Gerais			24,212				24,212			Flamboyant Ltda			Dec-07				39,912				70,498				24,334				24,273
São José Farm		Maranhão			17,566				17,566			Ceibo Ltda			Feb-17				586,089				542,542				121,379				120,103
Marangatu y Udra Farm		Boqueron Paraguay			58,523				58,722			Agropecuaria Moroti S/A			Dec-13				379,946				487,987				250,365				265,883
Arrojadinho Farm		Bahia			16,644				16,644			Agrifirma Bahia Ltda			Jan-20				500,697				499,157				180,067				177,176
Rio do Meio Farm		Bahia			9,845				5,753			Agrifirma Bahia Ltda			Jan-20				288,019				199,813				112,051				66,381
Serra Grande Farm		Piauí			4,489				4,489			Imobiliaria Cremaq			May-20				89,027				88,390				42,932				43,449
Acres del Sud Farm		Bolivia			9,882				9,875			Acres Del Sud			Feb-21				167,270				198,133				129,869				135,799
Panamby Farm		Mato Grosso			10,793				10,793			Mogno Ltda			Sep-22				308,208				355,302				297,543				298,495
					187,056				183,136										3,338,820				3,615,837				1,265,443				1,236,160

(*)

On June 30, 2026, the properties were appraised by an independent firm. The comparable sales value of investment properties is adjusted considering specific aspects of each property, with the price per hectare being the most relevant item of the assumptions. The fair value presented is considered level 3 in the fair value hierarchy and there were no reclassifications between levels during the year.