Situation/weather: Dryness continues to affect farming activities in the entire the southern cone of South America (north-central and northern of Argentina, Uruguay, South of Brazil and Paraguay).  Dry conditions and the lack of soil humidity are delaying the planting of corn and soybean as well as shorting pastures for cattle activities. So far, cumulative rainfall since July was 183 mm, -65% compared with the historical average for the same period. You can see the lo w level of the river Santa Lucia which borders the farm, and where the cattle use to go down, drink water, and come back to the plots.

Cattle operation: We have currently above 5,600 heads at the farm. Heat stress can strongly impact the animals at various levels (well-being, production, diet, fertility, etc.). To management this stress, we are adjusting food supply (silage, completed with corn and pellets).

Grassing area has reducing given the lack of water and OAT, sowed earlier this year, is hardly emerging. Thanks to a daily close control, the cattle is overall in good shape as you can see.

We have already performed a very early weaning of 700 calves (300 heads of 65kg each and 400 of 55kg) given the drought situation we are facing. Normally, the weaning is performed with animals between 100/100 kg. We are planning another weaning of around 600 heads during the 1^st week of December. We have also successfully inseminated 400 heifers.

This year, we have subleased to a contractor 200 ha where corn will be planted and we will be paid in kind as we need corn to feed our heard. You can see below the land preparation work currently performed, and subject to soil conditions, sowing should start in December.