Cresud
S.A.C.I.F. y A. (CRESW) is an Argentina-based agricultural company
that is primarily engaged in the production of crops such as soybeans,
corn, wheat, and cotton. The company also has operations in livestock
production and real estate development.
Cresud's agricultural
business operates through its subsidiary, IRSA Propiedades
Comerciales, which owns and leases commercial properties in Argentina,
Brazil, and Chile. The company's livestock business is conducted
through its subsidiary, BrasilAgro, which operates in Brazil and is
focused on beef and dairy production.
In addition to its
agricultural and livestock operations, Cresud is also involved in real
estate development, primarily in Argentina. The company owns and
manages several commercial and residential properties, as well as
shopping centers and office buildings.
Cresud was founded in
1936 and is headquartered in Buenos Aires, Argentina. The company is
listed on the NASDAQ stock exchange under the ticker symbol CRESW. As
of my knowledge cutoff of September 2021, Cresud was facing a range of
challenges, including economic and political instability in Argentina,
as well as fluctuations in commodity prices and weather patterns that
can affect crop yields. However, the company has a long history and a
strong presence in the agricultural industry, and it has taken steps
to diversify its business through its real estate and livestock
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