Castrolanda has record net income of R$273 million in 2024

Castrolanda Cooperativa Agroindustrial presented a record net result of R$ 273 million in 2024. The cooperative's financial balance sheet was presented to members during the 74th Ordinary General Assembly (AGO) held this month, at Moinho Castrolanda.

Another highlight of the year is the R$116,6 million surplus that will be distributed to members in proportion to their movements in each area of ​​operation. The amount is double the surplus distributed in 2023, which totaled R$57,4 million. Castrolanda's president, Willem Bouwman, recalls that 2024 was a very challenging year throughout Brazil, where the agricultural sector as a whole went through financial problems and, even amidst the difficulties, the cooperative managed to remain competitive in the market.

“I see that the results we achieved, as well as the surplus, are the fruit of a lot of work that, in addition to generating value for the cooperative, added value for our members. We always emphasize the importance of the cooperative model, seeking organization, efficiency and cost-cutting to bring results. And it is in these challenging times that Castrolanda plays its role of protecting its members,” highlights the president.

According to Pedro Dekkers, executive manager of People and Management at Castrolanda, the surplus allows producers to continue investing in their properties by improving machinery and installing new facilities. “This distributed value allows producers to make investments to increase productivity and become more efficient, in addition to boosting the economy of the communities where we operate,” says Pedro. 

Safety and convenience 

The cooperative ended the 2024 fiscal year with 1.275 members in its membership, with the mission of generating value for members by providing security and convenience so that they can focus on production.

“More and more producers are looking for a serious cooperative model like ours. And here they find the security and convenience they need, such as technical assistance, competitively priced inputs and the certainty of a price received upon sale. All of this makes life much easier for rural producers. This way, they can focus on their work in the field without worrying about the market,” emphasizes the president.  

Guarantee in cooperatives 

In addition to the R$116,6 million in surplus, Castrolanda also distributed R$3,8 million in technical surplus, which was made available to members who delivered grains to the cooperative's warehouses.

“In the Cooperative, the member owns the business, and the surpluses distributed demonstrate the importance of engagement in the cooperative system. In other words, the more the member operates with Castrolanda, the greater the value of the surplus they will receive. If the producer does business with a trading company, for example, at the end of the year they will not receive any of the profits,” says Pedro.

Production in Castrolanda

The cooperative's productivity data was also released during the meeting. The dairy chain, for example, reached the mark of 536.397 million liters produced. The value is about 8% higher than the 504 million liters of milk produced last year, which had already been considered a record.

In the agricultural market, 637.722 thousand tons of grains were produced last year. Castrolanda also recorded the production of 48.682 thousand tons of pork; 17.332 thousand tons of industrial seeds; 74.996 thousand tons of potatoes for consumption and another 11,6 thousand tons of seed potatoes. In sheep farming, 142 tons of meat were produced.

Expectation for 2025

The year 2025 will be the first year of the Strategic Planning cycle that will lead Castrolanda until 2030. Horizon 2030, as the project is known within the cooperative, was built together with the cooperative members in work meetings to list the strategic objectives that will direct the cooperative's efforts in the coming years.

“The year 2024 was when we outlined our strategic planning, always keeping an eye on cutting expenses, reducing costs, and seeking maximum efficiency. And now we are transforming the planning into proposals and projects to achieve the objective that our associates brought to the cooperative, which is to seek growth. These are actions that we are putting into practice to achieve our goals”, concludes the president of Castrolanda.