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    Gustavo Troiano

    Research Analyst at Itau BBA

    Gustavo Troiano is an Equity Analyst at Itau BBA specializing in the coverage of Latin American consumer and protein companies, including major firms such as BRF S.A. and Minerva S.A. He is frequently featured on earnings calls for these companies, indicative of his sector expertise and recognition among corporates. With a track record that includes deep sector insight and regular engagement with industry leaders, Troiano has built his career at Itau BBA, one of Brazil's leading investment banks, though detailed performance metrics and industry rankings are not publicly available. Further specifics about his professional credentials, prior firms, or securities licenses are not found in the available sources.

    Gustavo Troiano's questions to Adecoagro (AGRO) leadership

    Gustavo Troiano's questions to Adecoagro (AGRO) leadership • Q2 2025

    Question

    Gustavo Troiano of Itau BBA asked about the key drivers for the expected acceleration in sugarcane crushing for the second half of 2025 and the potential triggers for higher sugar prices. He also inquired about the company's timing for initiating hedging commitments for the 2026 season.

    Answer

    Renato Junquera Pereira, Sugar, Ethanol and Energy VP, explained that strong crushing volumes in July and August are keeping the company on track to meet its full-year forecast despite earlier weather challenges. He expressed optimism for both ethanol and sugar prices, citing strong ethanol demand and lower-than-expected Brazilian sugar production as factors that should create favorable hedging opportunities for the remainder of the current season and for 2026.

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