BrasilAgro - Companhia Brasileira de Propriedades Agrícolas (LND) 20-F 30 Oct 20 2019 FY Annual report (foreign) Financial data

Document and Entity Information

Document and Entity Information	12 Months Ended
	Jun. 30, 2020shares
Document And Entity Information
Entity Registrant Name	BrasilAgro - Brazilian Agricultural Real Estate Co
Entity Central Index Key	0001499849
Document Type	20-F
Document Period End Date	Jun. 30, 2020
Amendment Flag	false
Current Fiscal Year End Date	--06-30
Entity a Well-known Seasoned Issuer	No
Entity a Voluntary Filer	No
Entity's Reporting Status Current	Yes
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Interactive Data Current	No
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding	62,104,301
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2019
Entity Incorporation State Country Code	D5
Document Annual Report	true
Document Transition Report	false
Document Shell Company Report	false

Consolidated statement of finan

Consolidated statement of financial position - BRL (R$) R$ in Thousands	Jun. 30, 2020	Jun. 30, 2019
Current assets
Cash and cash equivalents	R$ 171045	R$ 106627
Marketable securities		4,038
Derivative financial instruments	7,180	5,906
Accounts receivable and others	183,350	125,320
Inventories	138,778	97,068
Biological assets	115,553	99,881
Transactions with related parties	701	1,987
Total current assets	616,607	440,827
Non-current assets held for sale	25,857
Noncurrent assets
Biological assets	25,444	23,235
Restricted marketable securities	5,044	9,114
Derivative financial instruments	1,746	1,013
Deferred taxes	23,282	20,510
Accounts receivable and others	262,387	203,533
Investment properties	858,261	548,717
Transactions with related parties	1,511
Investments	5,742	1,256
Property, plant and equipment	115,925	107,852
Intangible assets	1,469	1,557
Right-of-use of assets	101,093
Total noncurrent assets	1,401,904	916,787
Total assets	2,044,368	1,357,614
Current liabilities
Trade accounts payable and others	111,170	92,954
Loans, financing and debentures	217,274	76,608
Salaries and payroll obligations	19,600	17,093
Derivative financial instruments	18,333	11,055
Other liabilities	5,017
Transactions with related parties	2,849	2,405
Leases payable	25,849	26,503
Total current liabilities	400,092	226,618
Noncurrent liabilities
Trade accounts payable and others	28,002	19,451
Loans, financing and debentures	296,839	209,245
Deferred taxes	34,031
Leases payable	126,514	20,943
Derivative financial instruments	1,462
Provision for legal claims	1,485	824
Other liabilities	34,374
Total noncurrent liabilities	522,707	250,463
Total liabilities	922,799	477,081
Equity
Capital	699,811	584,224
Capital reserves	(34,292)	3,645
Treasury shares	(31,501)	(35,208)
Income reserves	358,606	281,052
Additional dividends proposed	13,606	7,944
Other comprehensive income	115,339	38,876
Total equity	1,121,569	880,533
Total liabilities and equity	R$ 2044368	R$ 1357614

Consolidated statement of incom

Consolidated statement of income - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Profit or loss [abstract]
Revenue	R$ 487568	R$ 357910	R$ 244278
Gain on sale of farms	61,420	142,812	39,817
Changes in fair value of biological assets and agricultural products	160,371	56,718	99,083
Adjustment to net realizable value of agricultural products after harvest, net	(4,153)	(2,040)	883
Cost of sales	(483,813)	(319,214)	(228,319)
Gross profit	221,393	236,186	155,742
Selling expenses	(14,300)	(10,536)	(10,087)
General and administrative expenses	(43,890)	(38,812)	(34,945)
Other operating income (expenses), net	1,231	(1,064)	35,432
Share of (loss) profit of a joint venture	(150)	1,102	14,671
Operating income	164,284	186,876	160,813
Financial income (expenses)
Financial income	375,413	310,538	129,323
Financial expenses	(406,168)	(297,616)	(137,879)
Profit before income and social contribution taxes	133,529	199,798	152,257
Income and social contribution taxes	(13,975)	(22,719)	(25,919)
Net profit for the year	R$ 119554	R$ 177079	R$ 126338
Basic earnings per share - in Brazilian reais	R$ 2.1092	R$ 3.2913	R$ 2.3505
Diluted earnings per share - in Brazilian reais	R$ 2.0937	R$ 3.2727	R$ 2.3477

Consolidated statement of compr

Consolidated statement of comprehensive income - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Statement of comprehensive income [abstract]
Net profit for the year	R$ 119554	R$ 177079	R$ 126338
Other comprehensive income to be reclassified to statement of income for the year in subsequent periods:
Currency translation adjustment of foreign operations (Note 19.e)	76,463	(1,007)	27,084
Currency translation adjustment of the re-distribution of the assets and liabilities of the joint venture (Note 19.e)			(30,616)
Total comprehensive income for the year	R$ 196017	R$ 176072	R$ 122806

Consolidated statements of chan

Consolidated statements of changes in equity - BRL (R$) R$ in Thousands	Capital	Capital reserves Additional paid-in capital	Capital reserves Share-based payments	Treasury shares	Legal reserve	Reserve for investment and expansion	Additional dividends proposed	Other comprehensive income	Retained earnings / accumulated losses	Total
Beginning Balance at Jun. 30, 2017	R$ 584224		R$ 1525	R$ 36797	R$ 10386	R$ 58229	R$ 6486	R$ 43415		R$ 667468
Payment of additional dividends							(6,486)			(6,486)
Reversal of expired unpaid dividends									20	20
Share based compensation			844							844
Exercise of granted stock			(372)	2,199						1,827
Treasury stock acquired				(610)						(610)
Net profit for the year									126,338	126,338
Constitution of legal reserve					6,317				(6,317)
Minimum mandatory dividends									(30,005)	(30,005)
Additional dividends proposed							10,995		(10,995)
Constitution of reserve for investment and expansion						79,041			(79,041)
Currency translation adjustment of foreign operation								27,084		27,084
Currency translation adjustment of the re-distribution of the assets and liabilities of the joint venture								(30,616)		(30,616)
Ending Balance at Jun. 30, 2018	584,224		1,997	(35,208)	16,703	137,270	10,995	39,883		755,864
Payment of additional dividends							(10,995)			(10,995)
Share based compensation			1,648							1,648
Net profit for the year									177,079	177,079
Constitution of legal reserve					8,854				(8,854)
Minimum mandatory dividends									(42,056)	(42,056)
Additional dividends proposed							7,944		(7,944)
Constitution of reserve for investment and expansion						118,225			(118,225)
Currency translation adjustment of foreign operation								(1,007)		(1,007)
Ending Balance at Jun. 30, 2019	584,224		3,645	(35,208)	25,557	255,495	7,944	38,876		880,533
Payment of additional dividends							(7,944)			(7,944)
Acquisition of Agrifirma	115,587	(33,566)								82,021
Share based compensation			3,529							3,529
Settlement of share-based payments			(3,707)	3,707
Payment of share-based incentive plan (ILPA) charges			(4,193)							(4,193)
Net profit for the year									119,554	119,554
Constitution of legal reserve					5,978				(5,978)
Minimum mandatory dividends									(28,394)	(28,394)
Additional dividends proposed							13,606		(13,606)
Constitution of reserve for investment and expansion						71,576			(71,576)
Currency translation adjustment of foreign operation								76,463		76,463
Ending Balance at Jun. 30, 2020	R$ 699811	R$ 33566	R$ 726	R$ 31501	R$ 31535	R$ 327071	R$ 13606	R$ 115339		R$ 1121569

Consolidated statements of cash

Consolidated statements of cash flows - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
CASH FLOW FROM OPERATING ACTIVITIES
Net profit for the year	R$ 119554	R$ 177079	R$ 126338
Adjustments to reconcile net profit for the year
Depreciation and amortization	60,249	23,078	23,222
Gain from changes in fair value of  the re-distribution of the assets and liabilities of the joint venture			(5,098)
Gain on sale of farm	(61,420)	(142,812)	(39,817)
Currency translation adjustment of the re-distribution of the assets and liabilities of the joint venture			(30,616)
Residual value of property, plant and equipment and intangible assets disposed	3,089	433	433
Write-off of capitalized costs in investment properties	600		10,793
Share of (loss) profit of a joint venture	150	(1,102)	(14,671)
Unrealized loss (gain) on derivatives, net	7,456	4,475	(1,772)
Unrealized foreign exchange loss (gain), monetary variation and financial charges, net	42,276	15,416	16,054
Gain on remeasurement of receivable from sale of farms, net	(57,327)	(13,989)	(16,584)
Effect of share-based incentive plan - ILPA	1,510	1,648	844
Deferred income and social contribution taxes	3,528	12,232	21,044
Changes in fair value of biological assets and agricultural products	(160,371)	(56,718)	(99,083)
Adjustments to net realizable value of agriculutural products after harvest	4,153	2,040	(883)
Allowance for doubtful accounts	(2,440)	(530)	(133)
(Reversal of) Provision for legal claims	601	(383)	(387)
Total	(38,392)	20,867	(10,316)
Changes in working capital
Trade accounts receivable	50,692	3,401	(6,746)
Inventories	(43,268)	(31,094)	(58,442)
Biological assets	157,355	34,627	60,312
Recoverable taxes	3,829	536	1,943
Derivative financial instruments	3,893	19,308	(16,982)
Other receivables	(21,210)	316	(2,356)
Trade accounts payable	(35,698)	10,005	1,708
Related parties	(440)	276	(2,338)
Taxes payable	31,146	3,157	1,718
Income tax and social contribution		(413)	1,323
Salaries and payroll	(2,704)	2,804	2,787
Advances from customers	(212)	(15,500)	15,540
Leases payable	(42,688)	3,590	9,470
Other liabilities	6,721	(542)	115
Net cash flows from (used in) operating activities	69,024	51,338	(2,264)
CASH FLOW FROM INVESTING ACTIVITIES
Addition to property, plant and equipment and intangible assets	(25,087)	(43,670)	(43,105)
Addition on investment properties	(24,173)	(28,211)	(23,861)
Redemption of (Investment in) marketable securities	7,483	21,737	(4,001)
Addition for future capital increase		(49)
Cash acquired from business combinations	1,071
Acquisition of interest in associate	(4,127)
Cash received from sales of farms and assets	15,538	28,927	5,267
Net cash flows used in investing activities	(29,295)	(21,266)	(65,700)
CASH FLOW FROM FINANCING ACTIVITIES
Payments of installments of financed acquisition of farm	(2,578)		(15,559)
Proceeds from loans, financing and debentures	301,009	90,594	270,310
Interest paid on loans, financing and debentures	(86,013)	(4,037)	(10,347)
Payment of loans and financing	(143,967)	(73,178)	(105,408)
Treasury stock acquired			(610)
Dividends paid	(50,000)	(41,000)	(12,972)
Net cash flows (used in) from financing activities	18,451	(27,621)	125,414
Increase (decrease) in cash and cash equivalents	58,180	2,451	57,450
Cash and cash equivalents at beginning of year	106,627	104,314	43,798
Effect of exchange rate variation on cash and cash equivalents	6,238	(138)	3,066
Cash and cash equivalents at end of year	R$ 171045	R$ 106627	R$ 104314

Operations

Operations	12 Months Ended
	Jun. 30, 2020
Operations [Abstract]
Operations	1. Operations BrasilAgro - Companhia Brasileira de Propriedades Agrícolas ("BrasilAgro" or "Company") was incorporated on September 23, 2005 and is headquartered at Avenida Brigadeiro Faria Lima, 1309, in São Paulo with branches in the States of Bahia, Goiás, Mato Grosso, Minas Gerais, Maranhão and Piauí, and in Paraguay, in the state of Boquerón. The ultimate parent company of BrasilAgro is Argentine-based Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria ("Cresud S.A.C.I.F.Y.A."). BrasilAgro corporate purpose includes: ● agriculture, cattle raising and forestry activities of any type and nature and rendering directly or indirectly related services; ● the import and export of agricultural products and inputs and those related to cattle raising activity; ● the purchase, sale and/or rental of properties, land, buildings and real estate in rural and/or urban areas; real estate brokerage involving any type of operations; ● holding interest, as a member, in other companies and commercial ventures of any nature, in Brazil and/or abroad, directly or indirectly related to the purposes described herein; and ● management of its own and third-party assets. The Company has sixteen (16) farms in six (6) Brazilian states and one (1) farm in Paraguay, for a total area of 215,330 hectares of own lands and 53,735 hectares of leased lands. 1.1 Business combination – Agrifirma On November 22, 2019, the Company entered into a merger agreement (the "Merger Agreement") with Agrifirma Holding S.A. ("Agrifirma Holding"). Under the terms of the Merger Agreement, BrasilAgro will merge with Agrifima Holding and receive all of its assets, rights and obligations, holding 100% of the equity capital of the subsidiary Agrifirma Agro Ltda. and its subsidiaries , in exchange for common shares and warrants ("Agrifirma Warrants") issued by BrasilAgro to the selling shareholders of Agrifirma Holging. Agrifirma Agro Ltda. and its subsidiaries ("Agrifirma") are engaged in the production, manufacture, storage, trading of agricultural products and the provision of agricultural services, as well as the management and commercial exploration of its properties. Since the group is engaged in activities in the same sector as BrasilAgro, the following impacts are expected immediately: operational, financial and commercial benefits, such as dilution of general and administrative expenses, capture of synergies and economies of scale in the operations and potential appreciation in the value of undeveloped areas. Agrifirma is comprised of its parent company (Agrifirma Agro Ltda..) and four subsidiaries, namely Agrifirma Bahia Agropecuária Ltda., I. A. Agro Ltda., GL Empreendimentos e Participações Ltda. and Agrifirma Delaware LLC, in which Agrifirma holds interests of 99.99%. The completion of the Merger Agreement was subject to certain requirements which, on January 27, 2020, were entirely satisfied and BrasilAgro obtained control of Agrifirma. 1.1.1 Number of shares delivered as consideration Based on the terms of the Merger Agreement, the consideration transferred in the form of shares will be determined as followed, as described below: Initial Exchange Ratio (preliminary numbers), Final Exchange Ratio (adjustment in exchange ratio) and Adjustments Due to Indemnifications. The Merger Agreement, also determines a minimum of shares to be transferred of 5,392,872. Initial Exchange Ratio The parties agreed to define a first exchange ratio based on preliminary book values as of June 30, 2019, adjusted for the market value of the real state held by BrasilAgro and Agrifirma Holding, according to an appraisal report issued by a specialized third party. As a result, the number of shares and warrants to be issued to the shareholders of Agrfirma was determined to 5,215,385 shares and 654,487 warrants, as detailed below: Initial Unrestricted shares 4,402,404 Shares with sale restriction 812,981 Shares issued and delivered (i) 5,215,385 Agrifirma warrants (ii) 654,487 5,869,872 (i) Based on preliminary book values as of June 30, 2019 of Agrifirma, the capital stock of BrasilAgro was increased by R$115,587, from R$584,224 to R$699,811, with the issuance of 5,215,385 new common shares of the Company, which were subscribed for and paid up by the shareholders of Agrifirma, and (ii) Issuance of the Agrifirma Warrants on behalf of one of the selling shareholders, entitling them to subscribe, anytime until January 22, 2022, to up to 654,487 new common shares of the Company, with exercise price of R$0.01 per share (Note 18.b). Final Exchange Ratio In accordance with the Merger Agreement, the Initial Exchange Ratio will be adjusted only to reflect the changes in the book values of the preliminary balance sheet as of June 30 2019 through the acquisition date, on January 27, 2020, date of the consummation of the Merger Agreement. On April 1, 2020, BrasilAgro informed the former shareholders of Agrifirma Holding that the Final Exchange Ratio, based on the changes in net equity from June 30, 2019 to January 27, 2020, was finalized and reached the minimum number established in the merger agreement, totaling 5,392,872 shares as final consideration to be paid by Brasilagro, as detailed below:, Initial Adjustment Final Unrestricted shares 4,402,404 (357,750 ) 4,044,654 Shares with sale restriction 812,981 (66,065 ) 746,916 Total shares (i) 5,215,385 (423,815 ) 4,791,570 Warrants 654,487 (53,185 ) 601,302 5,869,872 (477,000 ) 5,392,872 i) The adjustment in the exchange ratio determines that the selling shareholders, the holders of the 5,215,385 shares previously calculated in the preliminary exchange ratio, must return 423,815 shares, in accordance with the final exchange ratio. The share return process is in progress and should be completed up to October 2020. Adjustments for indemnifications The agreement establishes obligations for the payment of compensation by both BrasilAgro and the selling shareholders if certain contractually indemnifiable losses occur within two years as from the date of the Merger Agreement. On June 18, 2020, BrasilAgro and the selling shareholders signed a Settlement Agreement, which the Final Exchange Ratio as agreed at the minimum number shares, totaling 5,392,872 shares. The parties also agreed that given the resolution of a contingency by the date of the Settlement Agreement, the selling shareholders agreed to return the amount of R$3,500,000 in restricted shares and Agrifirma Warrants, as described below, which number was calculated using the market price of Brasilagro's average share price 90 days before January 27, 2022. The following is the Final Exchange Ratio agreed after considering the Adjustments Due to Indemnifications: Final Exchange Ratio Adjustments for indemnifications Final Unrestricted shares 4,044,654 - 4,044,654 Shares with sale restriction 746,916 (109,291 ) 637,625 Total shares 4,791,570 (109,291 ) 4,682,279 Warrants 601,302 (87,985 ) 513,317 5,392,872 (197,276 ) 5,195,596 1.1.2 Accounting for the transaction by BrasilAgro BrasilAgro estimated the fair value of the identifiable assets and of the liabilities acquired of Agrifirma and of the consideration transferred as of January 27, 2020. For the purposes of estimating the consideration transferred, BrasilAgro considered the number of common shares adjusted by the amount of indemnifications. a) Estimated fair value of identifiable assets and liabilities acquired The table below shows the estimated fair value of identifiable assets and liabilities of Agrifirma as of January 27, 2020 at their fair value: Assets January 27, Cash and cash equivalents 1,071 Trade accounts receivable 3,313 Inventories 1,461 Biological assets 4,883 Recoverable taxes and contributions 3,012 Non-current assets held for sale 23,842 Related parties 36 Other credits 6,025 43,643 Other credits 15,986 Investment properties 197,711 Property, plant and equipment 23,541 237,238 Total assets 280,881 Liabilities Trade accounts payables 792 Loans and financing 123,862 Payable income tax and social contribution 19 Taxes payable 646 Labor charges 2,894 Other accounts payable 15,590 143,803 Provision for contingencies 60 Other accounts payable 3,206 Deferred tax liabilities 27,763 Total liabilities 31,029 Total net assets at fair value 106,049 Goodwill (a) 47 Total consideration 106,096 a) Goodwill is attributed to the profitability expected from synergy gains and economies of scale in the agricultural operations and from the creation of real estate value in undeveloped areas. It is not expected that goodwill will be dedcuctible for tax purposes. The following table summarizes the allocation of the estimated consideration transferred to the identifiable assets and liabilities at fair value of Agrifirma: Estimated consideration transferred at fair value Number Brasilagro's Total Unrestricted shares 4,044,654 - 115,587 Capital reserve (Note 19.b) - - (33,566 ) Unrestricted shares 4,044,654 20.28 82,021 Shares with sale restriction 637,625 20.28 12,930 Agrifirma Warrants (a) 513,317 20.27 10,405 Agrifirma Warrant Dividends (b) - - 740 Estimated consideration at fair value 5,195,596 106,096 To calculate the consideration at fair value on the acquisition date, the following assumptions were considered: a) Unrestricted and restricted shares: to estimate the fair value of the restricted and unrestricted shares, the number of shares based on the Final Exchange Ratio adjusted by Adjustments due to Indemnifications, was calculated considering Brasilagro's quoted market share price on the B3 (Agro3) as of January 27, 2020. b) Agrifirma Warrants: are measured based on Brasilagro quoted share market price on the B3 as of January 27, 2020, deducting the exercise price of the warrants of R$0.01. c) Agrifirma Warrant Dividends: to estimate the fair value of Agrifirma Bonus Dividends, the average dividend yield of the last four years and Brasilagro's quoted share market price on the B3 as of January 27, 2020 was considered, discounted to present value. The unrestricted shares issued for the consideration transferred for the acquisition of control of Agrifirma was recognized in equity. The restricted shares, Agrifirma Warrants and Agrifirma Warrant Dividends are recorded in the line Other Liabilities as their final amount may vary due to certain events stated in the agreement and, for such reason, do not meet the definition of equity instrument in accordance with IAS 32 – Financial Instruments, and therefore are recognized as financial liabilities at fair value through profit or loss. The restricted shares are considered in the calculation of basic earnings per share, while the warrants are considered potential common shares and as such included in the calculation of diluted earnings per share. The unrestricted shares does not have the element of variability, and as such is recognized in equity. The difference between the capital increase, in accordance with the Merger Agreement, and the consideration transferred at fair value of the unrestricted shares as of January 27, 2020, totaling R$30,566 (Note 19.b) is registered as Capital Reserve. 1.1.3. Other Information The results of the Agrifirma Group are consolidated by BrasilAgro in the period from January 27, 2020 to June 30, 2020, and the amount consolidated into these financial statements is presented below: 1/27/2020 Net revenue 19,194 Net income for the period 1 If the transaction had been consummated on July 1, 2019, the net revenue and loss for the year of Agrifirma consolidated by BrasilAgro would have been as follows: 7/1/2020 Net income 27,949 Loss for the year (64,305 ) In addition, there are no differences between the book value and the fair value of receivables as of the date of the transaction. 1.2. Sale of Farms Sales of farms in the year ended in June 30, 2020 a) Sale of Jatobá IV Farm On July 11, 2019, the Company signed a purchase and sale agreement for a total area of 1,134 hectares (893 agricultural hectares) of the Jatobá Farm, a rural property located in the city of Jaborandi, state of Bahia, for an amount corresponding to 302 bags of soybean per agricultural hectare, totaling R$23,183 as of September 2, 2019. On September 2, 2019, the buyer met the contractual conditions to take possession of the Jatobá IV farm upon the down payment of R$2,698. As a result, revenue was recognized in the statement of income (see Note 21.b) and the remaining balance corresponding to 232,000 soybean bags is recorded in accounts receivable from sales of farms, to be received in six annual installments ending in 2025 (Note 7.1.e – Jatobá IV). b) Sale of Alto Taquari II Farm On October 29, 2019, the Company entered into a purchase and sale agreement for a total area of 85 hectares (65 agricultural hectares) of the Alto Taquari Farm, a rural property located in the City of Alto Taquari, State of Mato Grosso, for an amount corresponding to 1,100 bags of soybean per useful hectare, totaling R$5,513 as of October 29,2019. On the same date, the buyer met the contractual conditions to take possession of the Alto Taquari II farm upon the down payment of R$1,044. As a result, revenue was recognized in the statement of income (see Note 21.b) and the remaining balance corresponding to 57,200 soybean bags is recorded in accounts receivable from sales of farms, to be received in four annual installments ending in 2023 (Note 7.1.e – Alto Taquari II). c) Sale of Alto Taquari III Farm On May 29, 2020, the Company entered into a purchase and sale agreement for a total area of 105 hectares (105 agricultural hectares) of the Alto Taquari Farm, a rural property located in the city of Alto Taquari, state of Mato Grosso, for 1,100 bags of soybean per useful hectare, totaling R$11,037 as of May 29, 2020. On the same date, the buyer met the contractual conditions to take possession of the Alto Taquari III farm upon the down payment of R$1,763. As a result, revenue was recognized in the statement of income (see Note 21.b) and the remaining balance corresponding to 93,478 soybean bags is recorded in accounts receivable from sales of farms, to be received in five annual installments ending in 2025 (Note 7.1.e – Alto Taquari III). d) Sale of Jatobá V Farm On June 30, 2020, the Company entered into a purchase and sale agreement for a total area of 1,875 hectares (1,500 agricultural hectares) of the Jatobá Farm, a rural property located in the city of Jaborandi, state of Bahia, for 300 bags of soybean per useful hectare, totaling R$45,015 as of June 30, 2019. On the same date, the buyer met the contractual conditions to take possession of the Jatobá V farm upon the down payment of R$5,000. As a result, revenue was recognized in the statement of income (see Note 21.b) and the remaining balance corresponding to 397,368 soybean bags is recorded in accounts receivable from sales of farms, to be received in seven annual installments ending in 2026 (Note 7.1.e – Jatobá V). Sales of farms in the year ended in June 30, 2019 e) Sale of Jatobá II Farm On June 13, 2018, the Company signed a purchase and sale agreement for a total area of 9,784 hectares (7,485 agricultural hectares) of the Jatobá Farm, a rural property located in the city of Jaborandi, state of Bahia, for an amount corresponding to 285 bags of soybean per usable hectare or R$123,335 as of July 31, 2018. On July 31, 2018, the buyer met the contractual conditions to take possession of the Jatobá II farm upon the down payment of R$21,000. As a result, revenue was recognized in the statement of income (see Note 21.b) and the remaining balance corresponding to 2,133,296 soybean bags is recorded in accounts receivable from sales of farms, to be received in seven annual installments ending in 2025 (Note 7.1.e – Alto Taquari I). f) Sale of Alto Taquari I Farm On November 21, 2018, the Company signed a purchase and sale agreement for a total area of 103 hectares of arable land in the Alto Taquari Farm, for the value of 1,100 bags per useful hectare, totaling R$6,871 as of November 19, 2018. On November 19, 2018, the buyer met the contractual conditions to take possession of the Alto Taquari I farm upon the down payment of R$1,491. As a result, revenue was recognized in the statement of income (see Note 21.b) and the remaining balance corresponding to 90,624 soybean bags is recorded in accounts receivable from sales of farms, to be received in four semi-annual installments ending in 2022 (Note 7.1.e – Alto Taquari I). g) Sale of Jatobá III Farm On June 28, 2019, the Company signed a purchase and sale agreement for a total area of 3,125 hectares (2,473 agricultural hectares) of the Jatobá Farm, a rural property located in the City of Jaborandi, State of Bahia, for 285 bags of soybean per useful hectare, which corresponded to R$47,016 as of June 28, 2019. On June 28, 2019 and on July 31, 2019, the buyer met the contractual conditions to take possession of the Jatobá III farm upon the two down payment of R$5,000 each, totaling R$10,000. As a result, revenue was recognized in the statement of income (see Note 21.b) and the remaining balance corresponding to 563,844 soybean bags is recorded in accounts receivable from sales of farms, to be received in six annual installments ending in 2025 (Note 7.1.e – Jatobá III). Sales of farms in the year ended in June 30, 2018 h) Sale of Araucária V On May 3, 2018, the Company disclosed the sale of a 956 hectares area (660 agricultural hectares) of the Araucária Farm. The area was sold for 1,208 soybean bags per usable hectare or R$66,224. The transaction determined a down payment of 79,200 soybean bags in the amount of R$5,267, a second installment corresponding to the same number of soybean bags to be received on September 1, 2018. As a result, revenue was recognized in the statement of income (see Note 21.b) and the remaining balance corresponding to 717,840 soybean bags is recorded in accounts receivable from sales of farms, to be received in six annual installments ending in 2024 (Note 7.1.e – Araucária V). 1.4. Acquisition of Serra Grande Farm On April 20, 2020, the Company acquired a total area of 4,489 hectares (2,904 agricultural hectares) of the Serra Grande Farm, a rural property located in the city of Baixa Grande do Ribeiro, state of Piauí, in the amount of R$25,047, corresponding to 282,884 soybean bags per agricultural hectares. On the same date, BrasilAgro met the contractual conditions to take possession of the land upon the down payment of R$8,047. As of June 30, 2020, the remaining balance in the amount of R$14,263 (Note 18), corresponding to 162,000 soybean bags, will be paid in three annual installments upon delivery of 54,000 soybean bags each. The Company maintains its liability measured at fair value through profit or loss, as required by IFRS 13. 1.5. New investments Agrofy On June 27, 2019, the Board of Directors approved an investment of US$1,000 (R$4,127) in Agrofy Global for an equity interest of 1.8% in the startup. On September 23, 2019, BrasilAgro paid 50% of the amount (R$2,087), and the remaining balance was paid on December 16, 2019 (Note 11). 1.3. Lease a) Lease of Jatobá Farm On June 13, 2018, under the same commitment for the purchase and sale of the Jatobá Farm, as described in Note 1.2, the Company leased another area of the farm, with useful area of 7,468 hectares, for a period of 5 years and with annual payments of 6 bags per hectare or 17% of total production, whichever is greater. b) Lease of Parceria V On August 28, 2018, the Company signed a lease agreement to use a farmland of 23,500 hectares in the city of São Félix do Araguaia, state of Mato Grosso. The new farm will be called Partnership V (see Note 14). The lease will be for 10 years. 1.6. Re-distribution of the assets and liabilities of the joint venture Cresca S.A. On October 5, 2016, the Company and Carlos Casado S.A., the sole partner in the joint venture Cresca S.A., each with a 50% interest, agreed to dissolve Cresca business and to make their best efforts to sell to third parties all the assets and liabilities held by Cresca within an agreed-upon period of time, or to re-distribute such assets and liabilities in the event the sale to third parties failed. Cresca assets and liabilities were not sold within the period contractually defined, therefore, the partners agreed to re-distribute Cresca's assets and liabilities, which was completed in the second quarter of 2017. Through June 30, 2017, certain assets, such as cattle and inventories, and contracts (including labor) of Cresca were transferred to Palmeiras, a wholly-owned subsidiary of the Company located in Paraguay. However, the remaining assets and liabilities, including agricultural properties and financial debts with shareholders, remained under the exclusive ownership and/or responsibility of Cresca. On February 9, 2018, the process of re-distributing Cresca's assets and liabilities was completed and some assets and liabilities that were still owned by Cresca were transferred to the Company's wholly-owned subsidiary Agropecuária Moroti S.A. The following is a description of the subsidiaries that received Cresca's assets and liabilities: - Palmeiras S.A. ("Palmeiras") – On December 16, 2016, Palmeiras was incorporated in Asunción, the capital city of Paraguay, with partners Jaborandi Agrícola Ltda. holding 1% of the shares and BrasilAgro holding 99% of the shares. Palmeiras was incorporated with the objective to operate the activities of the Company's investment Cresca. - Agropecuária Moroti S.A. ("Moroti") – Subsidiary that on February 9, 2018 received all other assets and liabilities of Cresca allocated to BrasilAgro, including land and debts. As part of the transaction, the partners in the joint venture agreed to waive the payment of interest on late payment of the intercompany loans taken by Cresca in the total amount of R$32,962, of which BrasilAgro's share was R$16,563 (Note 25). The Company obtained control of the assets and liabilities received from Cresca, therefore, as required by IFRS 3 – Business Combinations, the assets acquired and liabilities assumed were remeasured at the fair value on the date control was obtained. The estimated fair value of the assets and liabilities transferred to Moroti on February 9, 2018 is shown below: Book value Effect of Fair value Assets Accounts receivable, inventories and other receivables 4,616 36 4,652 Recoverable taxes 13 (13 ) - Investment properties 129,750 11,202 140,952 Other property and equipment other than land 67 277 344 134,446 11,502 145,948 Liabilities Trade payables, taxes and other liabilities 254 6,322 6,576 Loans 18,714 82 18,796 18,968 6,404 25,372 Total 115,478 5,098 120,576 The Company recorded a gain of R$5,098 for the difference between the carrying value of the interest in the jointly controlled investment in Cresca of R$115,478 and the fair value of the assets and liabilities transferred to Moroti of R$120,576 (Note 24). The fair value of assets and liabilities was determined based on preliminary estimates and concluded on June 30, 2018. No adjustment to the amounts recorded preliminary was recorded upon conclusion. In addition, the Company reclassified the accumulated currency translation adjustment from the jointly controlled investment in Cresca from comprehensive income to the statement of income for an amount of R$30,616, under "Other Operating income (expenses), net" (Note 24). 1.7. COVID-19 Impacts COVID-19 cases were first reported on December 31, 2019, and since then the disease has spread to various countries, including Brazil and Paraguay, where the Company operates, with reports of numerous deaths caused by the new coronavirus. On March 11, 2020, the World Health Organization declared a global pandemic. In March 2020, the Company developed and implemented a plan with various measures to protect the health of the employees, contribute to containing COVID-19 and mitigate its effects on operations. These measures included: ● Creating a Prevention and Risk Committee to continuously assess the overall situation, update preventive measures and actions to minimize risks, and coordinate the implementation of action plans; ● Establishing a home office policy for employees who are at risk or who work at the corporate office in São Paulo; ● Adoption of various measures and protocols to protect the safety of all persons involved in the Company's operational context, following the guidelines of the Brazilian Ministry of Health; ● Contingency plans to support any possible disruption in the Company's operations. The operations in Brazil and Paraguay continued normally and to date the Company has not had any material impact caused by the spread of COVID-19. COVID-19 could affect the Company's operations if a significant portion of its workforce cannot work effectively due to the spread of the virus, quarantines, government actions, the shutdown of facilities or other restrictions. Part of the Company's revenue is generated by the sale of commodities to local clients, but the global market for said commodities relies on an extensive logistics and supply chain, including ports, distribution centers and suppliers. In addition, the high volatility in the U.S. dollar exchange rate and the prices of commodities could result in losses for the Company. With regards to its business, a fact that merits attention is the strong demand for exports benefited by the appreciation of the U.S. dollar. With regards to the logistics chain, no significant disruptions were noted in the logistics and export operations, as well as in inbound shipments of raw materials and goods, most of which had been acquired prior to the quarantine period in Brazil. With regard to sales commitments for the 2019/20 crop year, the Company has not identified any material changes, since their origination is based on a strong correlation between the way the negotiations are conducted and the players selected as commercial partners. Therefore, to date, the Company has not observed any matters related to these commitments. Moreover, the Company is well positioned to surmount the effects caused by covid-19, with its main concerns including its cash preservation, leverage ratio and cost and borrowing efficiency, which are aligned with the risk policies adopted by the Company. Short- and long-term liquidity is preserved, and even any changes in inbound and outbound shipments are scaled to not affect significantly the Company's financial position. BrasilAgro did not identify significant risks with regard to its capacity to continue operating. Lastly, no material subsequent events related to facts known after June 30, 2020 that should be disclosed were identified. 1.8. Cyber attack On October 21, 2019, the Company suffered a ransomware cyberattack that caused a partial and temporary interruption in its operations. The Company implemented its contingency plans, continued operating partially during the cyberattack and reconnected progressively its operating systems after the attack. After the incident, the Company took certain additional preventive measures and revalidated the technological processes to improve the controls to minimize cyberattack risks to which the Company was exposed. Although the cyberattack vector could not be identified, the process and the characteristics of the cyberattack could be identified satisfactorily. The actions implemented, including the controls put in place, improved the security of the information technology systems to avoid new attempts of cyberattacks.

Basis of preparation and presen

Basis of preparation and presentation	12 Months Ended
	Jun. 30, 2020
Basis of Preparation and Presentation [Abstract]
Basis of preparation and presentation	2. Basis of preparation and presentation The significant accounting policies applied when preparing these financial statements are described below. These policies are being consistently applied in all years presented, unless otherwise stated. 2.1. Basis of preparation On October 27, 2020, the Company's Executive Board, Board of Directors and Fiscal Council approved the Company's consolidated financial statements and authorized their issuance. All monetary amounts in these financial statements are presented in thousands of Brazilian Reais, except where otherwise stated. Some of the totals presented in these financial statements may not cast due to rounding. The consolidated financial statements have been prepared and are presented in accordance with International Financial Reporting Standards (IFRS), issued by the International Accounting Standards Board (IASB). All the references to IFRS in these financial statements correspond to the IFRS as issued by the IASB. The consolidated financial statements have been prepared on the historical cost basis, except where otherwise stated, as described in the summary of significant accounting policies. Management has not identified any significant uncertainty as to the Company's ability to continue as a going concern in the next 12 months. The preparation of the financial statements requires the use of certain critical accounting estimates. It also requires that Management use judgment in the process of application of the Company's accounting policies. Those areas requiring a higher level of judgment and with more complexity, as well as the areas in which assumptions and estimates are significant for the financial statements, are disclosed in Note 3. Non-financial data included in these financial statements, such as sales volume, planted and leased area, number of farms, were not examined by the independent auditors. In order to maintain comparability to the current year financial statements, the Company reclassified previous years financial information, as detailed below: Statement of financial position: 2019 Leasing (i) As previously stated Reclassifications Reclassified Leases payable (Note 14) - 47,446 47,446 Trade accounts payable and others 138,654 (26,249 ) 112,405 Financial lease 21,197 (21,197 ) - Statements of cash flows: 2019 2018 Leasing (i) As previously stated Reclassifications Reclassified As previously stated Reclassifications Reclassified Changes in working capital Trade accounts payable 13,595 (3,590 ) 10,005 11,178 (9,470 ) 1,708 Leases payable - 3,590 3,590 - 9,470 9,470 2019 2018 Fair Value (ii) As previously stated Reclassifications Reclassified As previously stated Reclassifications Reclassified Adjustments to reconcile profit for the year Unrealized foreign exchange loss (gain), monetary variation and financial charges, net 12,950 2,466 15,416 12,191 3,863 16,054 Gain on remeasurement of receivable from sale of farms, net (11,523 ) (2,466 ) (13,989 ) (12,721 ) (3,863 ) (16,584 ) (i) In order to improve presentation of leases payable in the statement of financial position starting fiscal year ended June 30, 2020, all lease payables are presented in the line item Leases payable. For comparability purposes, leases payable that were presented in Trade accounts payable and others and in finance leases as of June 30, 2019, were also reclassified to the Leases payable line item. (Note 14); (ii) Additionally, the Company reclassified the cash flow effects to reconcile the profit for the year within the cash flows from operating activities related to the fair value on remeasurement of receivables from sales of farms for the years ended June 30, 2019 and June 30, 2018 to improve presentation in the statement of cash flows and to ensure comparability with the current year. Basis of consolidation The consolidated financial statements comprise the financial statements of BrasilAgro and its subsidiaries as of June 30, 2020, 2019, and 2018 as described bellow: Ownership % 2020 2019 2018 Jaborandi Agrícola Ltda 99.99 99.99 99.99 Imobiliária Jaborandi 99.99 99.99 99.99 Cremaq 99.99 99.99 99.99 Engenho de Maracaju 99.99 99.99 99.99 Araucária 99.99 99.99 99.99 Mogno 99.99 99.99 99.99 Cajueiro 99.99 99.99 99.99 Ceibo 99.99 99.99 99.99 Flamboyant 99.99 99.99 99.99 Palmeiras 99.99 99.99 99.99 Moroti (b) 99.99 99.99 99.99 Agrifirma 99.99 - - Agrifirma Bahia (a) 99.99 - - I.A. Agro (a) 99.99 - - GL (a) 99.99 - - Delaware (a) 100.00 - - (a) Subsidiaries of Agrifirma – indirect control. (b) Subsidiary incorporated during the re-distribution of the assets and liabilities of the Cresca on February 9, 2018. The subsidiaries are fully consolidated from the date of acquisition and consolidation ceases when the Company loses control. The financial statements of the subsidiaries are prepared for the same reporting period of BrasilAgro, using consistent accounting policies. All intergroup balances, revenues and expenses are fully eliminated in the consolidated financial statements. 2.2. Foreign currency translation a) Functional and presentation currency The Company's functional and presentation currency is the Brazilian Real (R$). The items included in the financial statements of the subsidiaries located in Brazil are measured using Brazilian Reais (R$) as their functional currency. The U.S. Dollar is the functional currency of the joint venture Cresca S.A. ("Cresca"), and subsidiaries Palmeiras S.A. ("Palmeiras") and Agropecuária Moroti S.A. ("Moroti"), all headquartered in Paraguay. b) Transactions and balances in foreign currencies Foreign currency transactions are translated into the functional currency using the exchange rates prevailing at the dates of the transactions or valuations when items are remeasured. Foreign exchange gains and losses resulting from the settlement of such transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognized in the statement of income. c) Foreign operations In the preparation of the consolidated financial statements, the financial statements of Palmeiras, Moroti and Cresca, are translated into Brazilian reais as follows: a) balance sheet at the exchange rate at year end and b) statement of income and cash flows, at the average exchange rate. The effects from variations in the foreign exchange rate resulting from the translation of foreing operations are presented in "Currency translation adjustment of foreign operations" in the statement of comprehensive income and in the statement of changes in equity. 2.3. Investment in joint venture Our investment in the joint venture Cresca, is recorded under the equity method. A joint venture is an agreement whereby the parties sharing joint control are entitled to the net assets of the joint ventures. Joint control is the contractually agreed sharing of control of an arrangement, which exists only when decisions about relevant activities require the unanimous consent of the parties sharing control. 2.4. Cash and cash equivalents and marketable securities Cash and cash equivalents include cash, bank deposits maturing within 90 days from the transaction date and short-term highly liquid repurchase agreements for which there are no fines or other restrictions for their immediate redemption. Marketable securities include the financial investments provided as guarantee for loans and financing recorded in current and non-current assets based on the maturities of the referred loans and financing. Cash equivalents and marketable securities are measured at fair value through profit and loss. Bank deposit certificates and repo transactions may mature in a term exceeding 90 days, and may have repurchase guarantee contractually provided by the issuer of the security, allowing the redemption of the securities at their original amount invested plus interest, with no penalty. These investments are classified as cash equivalents. Investments in deposit certificates that are not eligible for redemption without penalties are classified as marketable securities. Certain debt agreements require the Company to keep marketable securities as a guarantee for the outstanding balances. Such investments are restricted while held in guarantee. The Company discloses the purchases and sales of such investments as investment activities in the statement of cash flows. Fixed-income investments are intended to maintain the value of the resources held by the Company and not yet allocated to rural activities, and are governed by a policy approved by the Board of Directors. The statement of cash flows in relation to financing and investment activities, include only transactions that have actually impacted cash and cash equivalents. 2.5. Financial instruments 2.5.1. Classification and measurement a) Financial assets Initial recognition and measurement Financial assets are classified, at initial recognition, as subsequently measured at amortised cost and fair value through profit or loss. The classification of financial assets at initial recognition depends on the financial asset's contractual cash flow characteristics and the Company's business model for managing them.Trade receivables that do not contain a significant financing component or for which the Company has applied the practical expedient are measured at the transaction price calculated in accordance with IFRS15. In order for a financial asset to be classified and measured at amortised cost, it needs to give rise to cash flows that are 'solely payments of principal and interest (SPPI)' on the principal amount outstanding. The Company's business model for managing financial assets refers to how it manages its financial assets in order to generate cash flows. The business model determines whether cash flows will result from collecting contractual cash flows, selling the financial assets, or both. Purchases or sales of financial assets that require delivery of assets within a time frame established by regulation or convention in the market place (regular way trades) are recognised on the trade date, i.e., the date that the Company commits to purchase or sell the asset. Subsequent measurement For the purposes of subsequent measurement, the Company's financial assets are classified as: i. Financial assets at fair value through profit or loss Financial assets at fair value through profit or loss are carried in the statement of financial position at fair value with net changes in fair value recognised in the statement of income. The Company designates certain financial assets at the initial recognition by the fair value through profit or loss. This designation cannot be altered later. This category includes marketable securities, derivative financial instruments and receivables from the sale of farms, which consist of debt instruments recognized in the consolidated balance sheet in "Trade accounts receivable". Changes in fair value related to credits for the sale of farms designated as fair value through profit or loss are recognized in "Net on remeasurement of receivables from sale of farms" under "Financial income"(Note 25). ii. Financial assets at amortized cost (debt instrument). The Company measures financial assets at amortized cost when both of the following conditions are met: · The financial asset is maintained within a business model which objective is to hold financial assets for the purpose of receiving contractual cash flows. · The contractual terms of the financial asset give rise, on specific dates, to cash flows composed solely of payments of principal and interest on the outstanding principal. Financial assets at amortised cost are subsequently measured using the effective interest ratemethod (EIR) and are subject to impairment. Gains and losses are recognised in statement of income when the asset is derecognised, modified or impaired. The Company's financial assets at amortised cost includes trade receivables, and loan to an associate and loan to a director included under other non-current financial assets. Impairment of financial assets The Company recognises an allowance for expected credit losses (ECLs) for all debt instruments not held at fair value through profit or loss. ECLs are based on the difference between the contractual cash flows due in accordance with the contract and all the cash flows that the Company expects to receive, discounted at an approximation of the original effective interest rate. The expected cash flows will include cash flows from the sale of collateral held or other credit enhancements that are integral to the contractual terms. The Company considers a financial asset to be in default when contractual payments are overdue more than 90 days. However, in certain cases, the Company may also consider that a financial asset is in default when internal or external information indicate that is unlikely that the Company will receive the full outstanding contractual amounts before taking into account any improvements of the credit held by the Company. A financial asset is derecognized when the Company considers there is no reasonable expectation of recovering the contractual cash flows. The following criteria is used by the Company uses to determine if there is objective evidence of expected credit losses: (i) significant financial difficulty of the issuer or obligor; (ii) a breach of contract, such as a default or delinquency in interest or principal payments; (iii) the Company, for economic or legal reasons relating to the borrower's financial difficulty, grants to the borrower a concession that the lender would not otherwise consider; (iv) it becomes probable that the borrower will file a petition for bankruptcy or other financial reorganization; (v) the disappearance of an active market for that financial asset because of financial difficulties; or (vi) observable data indicating that there is a measurable decrease in the estimated future cash flows from a portfolio of financial assets since the initial recognition of those assets, although the decrease cannot yet be identified with the individual financial assets in the portfolio, including: (vii) adverse changes in the payment status of borrowers in the portfolio; and (viii) national or local economic conditions that correlate with defaults on the assets in the portfolio. b) Financial liabilities Initial recognition and measurement Financial liabilities are classified, at initial recognition, as financial liabilities at fair value through profit or loss or financial liabilities at amortized cost, as appropriate. The Company's financial liabilities include trade and other payables, loans and borrowings including bank overdrafts, and derivative financial instruments. Subsequent measurement The measurement of financial liabilities depends on their classification, as described below: i. Financial liabilities at fair value through profit or loss Financial liabilities at fair value through profit or loss include financial liabilities held for trading and financial liabilities designated upon initial recognition as at fair value through profit or loss. Financial liabilities are classified as held for trade when they are incurred for repurchase in the short term. This category also includes derivate financial instruments contracted by the Company that are not designated as hedge instruments under the hedge relations established under IFRS 9. Gains and losses with held-for-trading liabilities are recognized in the statement of income. Financial liabilities designated upon initial recognition at fair value through profit or loss are designated at the initial date of recognition, and only if the criteria in IFRS 9 are satisfied. ii. Financial liabilities at amortized cost After initial recognition, interest-bearing loans and borrowings are subsequently measured at amortised cost using the effective interest rate (EIR) method. Gains and losses are recognised in statement of income when the liabilities are derecognised as well as through the EIR amortisation process. Amortised cost is calculated by taking into account any discount or premium on acquisition and fees or costs that are an integral part of the EIR. The EIR amortisation is included as finance costs in the statement of income. This category generally applies to interest-bearing loans and borrowings. For more information, see Note 16. 2.6. Derivative financial instruments The Company uses derivative financial instruments, such as future exchange contracts, interest rate swaps and forward commodity contracts, to protect against risks related to exchange rates, interest rates and commodity prices, respectively. Derivative financial instruments are initially recognized at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. The Although the Company uses derivative financial instruments for economic hedge purposes, it has not applied hedge accounting. Any gains or losses arising from changes in the fair value of derivatives during the year are recognized immediately in the statement of income (Note 25). The fair value of derivative financial instruments is disclosed in Note 6. 2.7. Trade receivables Trade receivables are amounts due from customers for merchandise and farms sold in the ordinary course of business. If collection is expected in one year or less, trade receivables are classified as current assets, otherwise, they are presented as non-current assets. Trade receivables not related to the sale of farms are initially recognized at fair value, and subsequently, measured at amortized cost under the effective interest rate method, less for expected credit losses, as appropriate. Trade receivables related to the sale of farms for which the amount of cash receivable is contractually determined in Reais, equivalent to a quantity of soybean bags at the sale date, are designated at fair value through profit or loss upon initial recognition. The amount of the receivable is subsequently remeasured at each balance sheet date by applying to the contractual committeed quantity of soybean bags by the quotation of soybean for future delivery at the maturity date of each installment (or based on estimates and quotations of brokers when there is no quotation of soybean for future delivery on a specific maturity date) and by translating the resulting U.S. dollars amount to Reais using the U.S. dollar exchange rate for future delivery on the same maturity date (considering that future soybean quotations are denominated in U.S.dollar) and finally discounting the resulting amount to present value. The gain (loss) on remeasurement of the receivable is recognized in financial income and expenses under "Gain (loss) on remeasurement of receivables from sale of farms" (Note 25). 2.8. Inventories Agricultural products are measured at fair value less selling expenses. They are reclassified from biological assets to inventories at the time they are harvested. Seeds, manures, fertilizers, pesticides, fuel, lubricants, warehouse and sundry materials are measured at average acquisition cost. Upon identification of the loss of quality of products which affect their sales (either due to storage, load, transportation and other events related to the operation), these products are counted and physically segregated. An adjustment to net realizable value of agricultural products is recognized when the fair value recorded in inventories is higher than the net realizable value. Net realizable value is the estimated selling price in the ordinary course of business, less estimated costs to sell. Adjustments to net realizable value are recognized in the statement of income in "Adjustment to net realizable value of agricultural products after harvest". 2.9. Biological assets The Company's biological assets consist mainly of the cultivation of soybean, corn, cotton, sugarcane and beef cattle, which are measured at fair value less costs to sell. Agricultural activity The fair value of biological assets is determined upon their initial recognition and at each subsequent balance sheet date. Gains and losses arising from the changes in fair value of biological assets is determined as the difference between fair value and the costs incurred in the plantation and treatment of crops of biological assets and agricultural products at the balance sheet date, and are recorded in the statement of income in "Changes in fair value of biological assets". In certain circumstances, the estimated fair value less cost to sell approximate cost incurred at that moment, especially when only a minor biological transformation has taken place or when no material impact is expected from that biological transformation on the price. Biological assets continue to be recorded at their fair value. The sugarcane crops productive cycle is five years on average, and for a new cycle to start depends on the completion of the previous cycle. In this regard, the current cycle is classified as biological asset in current assets, and the amount of the constitution of the bearer plant (bearer of the other cycles) are classified as permanent culture in property, plant and equipment . The calculation methodology used to estimate the fair value of the biological asset "sugarcane" was the discounted cash flows at a rate reflecting the risks and the terms of the operation. As such, the Company projected the future cash flows in accordance with the projected productivity cycle, taking into consideration the estimated useful life of each area, the prices of Total Sugar Recoverable ("ATR"), estimated productivity and the related estimated costs of production, including the cost of land, harvest, loading and transportation for each hectare planted. The soybean, corn and are temporary cultures, in which the agricultural product is harvested after a period of time from 110 to days after the planting date, depending on the cultivation, variety, geographic location and climate conditions. The calculation methodology used to estimate the fair value of the grains was the discounted cash flows at a rate reflecting the risk and terms of operations. As such, we projected the future cash flows taking into consideration the estimated productivity, costs to be incurred based on the Company's budget or on new internal estimates and market prices. The commodities'prices were obtained from quotes on the following boards of trade: CBOT ("Chicago Board of Trade"), B3 (Bolsa, Brasil, Balcão), and NYBOT ("New York Board of Trade"). For the agricultural products not quoted, we used the prices obtained through direct market surveys or disclosed by specialized companies. We considered the related logistic expenses and tax discounts in order to arrive at the prices of each of these products in each production unit of the Company. As mentioned above, the fair value of the biological assets disclosed in the balance sheet was determined using valuation techniques – the discounted cash flows method. The data used in these methods is based on the information observed in the market, whenever possible, and if unavailable, a certain level of judgment is required to establish such fair value. Judgment is used to determine the data to be used, e.g. price, productivity and production cost. Changes in the assumptions on these inputs might affect the fair value of biological assets. Cattle raising activity In 2016, the Company started raising cattle. In Brazil, the main activity consists of producing and raising cattle, which characterizes the activity as bearer. In Paraguay, the main activity is raising and selling cattle, which characterizes the activity as consumable. For segregation purposes, when applicable, the Company classifies its cattle herd into: consumable cattle (current assets), which can be sold as a biological asset for meat production; and bearer cattle (non-current assets), which is used in farm operations to generate other biological assets. At June 30, 2020, the Company only had bearer and consumable cattle, which includes calves, heifers, pregnant heifers, pregnant cows, calves, steers and bulls. The fair value of beef cattle is determined based on market prices, given the existence of an active market. Gain or loss from changes in the fair value of beef cattle is recognized in statement of income for the period (Note 9). The Company considered the prices in the cattle market in Bahia state and in Boqueron (Paraguay), considered the principal market, and the metrics used in the market. Accordingly, consumable cattle and bearer cattle are measured based on observable market prices, weight, and age of the animals. 2.10. Investment properties The Company's business strategy aims mainly at the acquisition, development, exploration and sale of rural properties where agricultural activities can be developed. The Company acquires rural properties believed to have significant potential of appreciation in value by means of maintenance of assets and development of profitable agricultural activities. By acquiring rural properties, the Company seeks to implement higher value added crops and transform these rural properties with investments in infrastructure and technology, in addition to entering into lease contracts with third parties. Based on this strategy, whenever the Company considers that its rural properties are profitable, it sells these rural properties to realize capital gains. The land of rural properties purchased by the Company is measured at acquisition cost, which does not exceed its net realizable value, and is presented in "Non-current assets". The fair value of each property is disclosed in Note 10. Buildings, improvements and opening of areas in investment properties are measured at historical cost, less accumulated depreciation, following the same criteria described for property, plant and equipment in Note 2.11. 2.11. Property, plant and equipment Property, plant and equipment is measured at historical cost less accumulated depreciation. Historical cost includes expenditures directly attributable to the acquisition of the items. Historical cost also includes borrowing costs related to the acquisition of qualifying assets. Subsequent costs are included in the asset's carrying amount or recognized as a separate asset, as appropriate, only when it is probable that future economic benefits associated with the item will flow to the Company and the cost of the item can be reliably measured. All other repair and maintenance costs are recognized in statement of income, as incurred. Depreciation is calculated using the straight-line method over their estimated useful lives, at the depreciation rates described below: Annual depreciation rates % 2020 2019 2018 Buildings and improvements 2-25 2-25 2-20 Equipment and facilities 10 5-10 10 Vehicles and agricultural machinery 13-20 13-20 13-20 Furniture and fixtures 10 10 10 Opening of areas 5-20 5-20 10-20 Permanent cultures 16-27 16-27 16-27 The residual amount and useful lives of property, plant and equipment are revised and adjusted, if appropriate, at the end of each year. An asset carrying amount is written down immediately to its recoverable amount if the asset's carrying amount exceeds its estimated recoverable amount. Gains and losses on disposals are determined by comparing the sale price with the carrying amount and are recognized in "Other operating income (expenses), net" in the statement of income. 2.12. Intangible assets Intangible assets includes software license and acquired contractual rights and are amortized over their estimated useful life of 5 years. Costs associated with software maintenance are recognized as an expense as incurred. The Company has no intangible assets with indefinite useful life. 2.13. Impairment of non-financial assets Pursuant to IAS 36 – Impairment of Assets, assets with finite useful lives are reviewed for impairment indicators on each balance sheet date and whenever events or changes in circumstances indicate that the book value may not be recoverable. If any indication exists, the assets are tested for impairment. An impairment loss is recognized for the difference between the asset's carrying amount and its recoverable amount. On June 30, 2020 and 2019, no indication of impairment of assets was identified. 2.14. Trade accounts payables Trade account payables are obligations to pay for goods or services acquired from suppliers in the ordinary course of business. Trade accounts payables are classified as current liabilities if payment is due within one year or less, otherwise they are classified as non-current liabilities. 2.15. Loans, financing and debentures Loans, financing and debentures are recognized initially at fair value, net of transaction costs incurred, and subsequently carried at amortized cost. Any difference between the procceds (net of transaction costs) and the settlement value is recognized in the statement of income over the agreement period using the effective interest rate method. Fees paid in raising credit facilities are recognized as transaction costs to the extent that it is probable that some or all of the facility will be used. In this case, the fee is deferred until the facility is completely in use. To the extent there is no evidence that it is probable that some or all of the facility will be used, the fee is capitalized as a prepayment for liquididation services and amortized over the period of the facility to which it relates. Loans, financing and debentures are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least 12 months or longer after the balance sheet date. 2.16. Provisions Provisions are recognized when the Company has a present, legal or constructive obligation as a result of past events and it is probable that an outflow of resources will be required to settle the obligation, and the amount can be reliably estimated. Contingent liabilities arising from labor, tax, civil and administrative claims are recorded at their estimated amount when the likelihood of loss in considered probable (Note 3.a). 2.17. Current and deferred income tax and social contribution (a) Current income tax and social contribution Current income tax assets and liabilities are measured at the amount expected to be recovered from or paid to the taxation authorities. The tax rates and tax laws used to compute the amount are those that are enacted or substantively enacted at the reporting date in the countries where the Group operates and generates taxable income. As allowed by the Brazilian tax legislation, certain subsidiaries opted for a tax regime under which taxable profit is computed as a percentage of revenues. Under this regime, taxable profit for income and social contribution tax is calculated by applying a rate of 8% and 12% on gross revenue, respectively, on which the statutory rates for income and social contribution tax are applied. (b) Deferred income tax and social contribution Deferred income taxes are recognized for temporary differences between the tax base of assets and liabilities and their carrying amounts for financial reporting purposes at the reporting date. A deferred income tax liability is recognized for all the temporary differences, whereas deferred income tax assets are only recognized to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilized, including the recognition of a deferred tax asset related to unused tax loss carryforwards. Deferred tax assets and liabilities are classified as non-current. Deferred income tax related to items directly recognized in equity are also recognized in equity. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the year when the asset is realized or the liability is settled, based on tax rates (and tax laws) that have been enacted or substantively enacted at the reporting date. Such rates are 25% for income tax and 9% for social contribution tax (Note 17). 2.18. Employee benefits a) Share-based payments The Company operates a number of equity-settled, share-based compensation plans, under which the entity receives services from employees as consideration for equity instruments (options and shares) of the Company. The cost of transactions settled with shares is recognized as expense for the year, jointly with a corresponding increase in equity during the year in which the conditions of performance and/or provision of services are met. The accumulated expenses recognized in connection with the equity instruments on each base date, until the date of acquisition, ref

Significant accounting estimate

Significant accounting estimates and judgments	12 Months Ended
	Jun. 30, 2020
Significant Accounting Estimates and Judgments [Abstract]
Significant accounting estimates and judgments	3. Significant accounting estimates and judgments Accounting estimates and judgments are continuously assessed and based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the current circumstances. Based on the assumptions, the Company concerning its future. The resulting accounting estimates will, by definition, seldom equal the related actual amounts. The estimates and assumptions that have a significant risk of causing a material misstatement to the carrying amounts of assets and liabilities within the next year are as follows: a) Contingencies The Company is party to different legal and administrative proceedings, as described in Note 27. Provisions are set up for all the contingencies related to legal claims that are estimated to represent probable losses (present obligations resulting from past events in which an outflow of resources is probable, and amounts can be reliably estimated). The evaluation of the likelihood of loss is responsibility of the Company and includes the opinion of outside legal advisors. b) Biological assets The fair value of biological assets recorded in the balance sheet (Note 9) was determined using valuation techniques, including the discounted cash flow method. The inputs for these estimates are based on those observable in the market, whenever possible, and when such inputs are not available, a certain level of judgment is required to estimate the fair value. Judgment includes considerations on data e.g. price, productivity, crop cost and production cost. Changes in the assumptions on these factors might affect the fair value recognized for biological assets. An increase or decrease by 1% in the expected productivity of sugarcane and grains/cotton would result in an increase or decrease in biological asset by R$1,544 and an increase or decrease by 1% in the price of sugarcane and grains/cotton would result in an increase or decrease in biological asset by R$2,203. With regard to cattle, the Company values its stock at fair value based on market price publicly available for the region. c) Investment properties The fair value of investment properties was determined through an appraisal prepared by the Company. The appraisal was performed by means of standards adopted in the market considering the characteristics, location, type of soil, climate of the region, calculation of improvements, presentation of the elements and calculation of the land value, which may differ based on these variables. Methodology used At June 30, 2020, investment properties were valued by applying the comparative analysis methodology adjusted by its related features: i) The valuation relied, among other aspects, on the following information: (i) location of farms, (ii) total area and its related percentages of opening and use; ii) The market value presented for the farm corresponds to the portion of bare land, for payment in cash, not including machinery, equipment, agricultural inputs, cultivation. The soil adjustment factor (preparation of land for planting) was considered in the assessment of prices; iii) The value of land for agriculture in the surveyed region, is referenced to the price of soybean bag. The unit amounts of the farms for sale (market researches) were obtained in soybean bags per hectare. Accordingly, the amount in Reais (R$) of the property varies directly due to the variation in the soybean price; and iv) The soybean price considered at June 30, 2020, was R$85.86 (West Region – Bahia), R$86.76 (Balsas Region – Maranhão), R$84.05 (Alto Taquari Region – Mato Grosso) and R$84.05 (Mineiros Region – Goiás). This amount represents an average in amounts arbitrated by the real estate market of the region due to the great instability in the price of soybean bag. There were no changes in the valuation methodology used to estimate the fair value of the investment properties. d) Deferred income tax The Company recognizes deferred income tax assets and liabilities, as described in Note 17, on tax loss carryforwards and temporary differences between the carrying amount and the tax basis of assets and liabilities using statutory rates. The Company regularly assesses if the deferred income tax assets recognized are recoverable, considering the taxable profit generated in the past as well as the expected future taxable profit, in accordance with a technical feasibility study performed by the Company. e) Leases The Company analyzes its agreements in accordance with the requirements of IFRS 16 and recognizes right-of-use assets and lease liabilities for the lease operations under agreements that meet the requirements of the accounting standard. Management considers as the lease component only the minimum fixed lease payments for the purpose of measuring the lease liabilities. The measurement of lease liabilities corresponds to the total future payments of leases and rentals, adjusted to present value, considering the incremental borrowing rate. f) Non-financial obligations The Company analyzes its agreements in accordance with the requirements of IFRS 16 and recognizes right-of-use assets and lease liabilities for the lease operations under agreements that meet the requirements of the accounting standard. The Management of the Company considers as the lease component only the minimum fixed value for the purpose of measuring the lease liabilities. The measurement of lease liabilities corresponds to the total future payments of leases and rentals, adjusted to present value, considering the nominal discount rate which ranges between 4.82% and 6.91%. For the cases where payments are indexed to the soybean bag, future minimum payments are estimated in number of soybean bags and translated into local currency using the soybean price of each region, on the base date of first-time adoption of IFRS 16, and adjusted to the current price at time of payment. Meanwhile, payments indexed to Consecana are stipulated in tons of sugarcane and translated into local currency based on the Consecana price in effect at the time.

Financial risk management

Financial risk management	12 Months Ended
	Jun. 30, 2020
Financial Risk Management [Abstract]
Financial risk management	4. Financial risk management 4.1. Financial risk factors The Company operates with various financial instruments, including cash and cash equivalents, marketable securities, trade accounts receivables, accounts receivable and others, trade accounts payable, accounts payable for the purchase of farms, loans and financing and derivative financial instruments. Certain Company's operations expose it to market risks, mainly in relation to exchange rates, interest rates and changes in the prices of agricultural commodities. As a result, the Company also enters into derivative financial instruments, used to hedge its exposures with respect to crops or with respect to assets and liabilities recognized in the balance sheet, depending on the nature of the specific operation. Excluding derivative financial instruments, fair value is basically determined using the discounted cash flow method. The amounts recorded under current assets and liabilities are either highly liquid or mature within twelve months, as such their carrying value approximates their fair value. 4.2. Policies approved by the Board of Directors for the use of financial instruments, including derivatives The Company's policies in respect to transactions with financial instruments, which have been approved by the Board of Directors, are as follows: (i) Investment Policy which provides guidelines in respect to Company's investment of cash, considering the counterparty risk, the nature of instruments and liquidity, among others; (ii) Derivative financial instrument policy which provides guidelines to manage the Company's exposures to currency risk, interest rate and index risks, and agricultural commodities price risk, always linking the derivative financial instrument to the asset or liability that generates the exposure; and (iii) Risk Policy, which addresses items not covered by the Investment Policy or the Derivative financial instrument Policy including hedge against future cash flows with respect to future production of commodities. a) Cash and cash equivalents, marketable securities, trade accounts receivable, receivable from sale of farms, loans with related parties and accounts payable. The amounts recorded approximate their estimated fair value. b) Loans, financing and debentures. The book value of loans, financing and debentures, denominated in reais have its interest rates either fixed or based on the variation of TJLP (Long Term Interest Rate), SELIC (Special System of Clearance and Custody Rate) and exchange rate and approximates their fair value. 4.3. Analysis of exposure to financial asset and liability risks a) Currency risk This risk arises from the possibility that the Company may incur losses due to fluctuations in exchange rates, which reduces the nominal amount of assets or increase the amount of liabilities. This risk also arises with respect to commitments to sell products existing in inventories or agricultural products not yet harvested when sales are made at prices to be fixed at a future date, prices which vary depending on the exchange rate. b) Interest rate and index risk This risk arises from the possibility that the Company may incur losses due to fluctuations in the interest rates or indices which increase financial expenses related to certain contracts for the acquisition of farms, indexed by inflation, such as the IGP-M rate ("FGV"). c) Agricutural commodities price risk This risk arises from the possibility that the Company may incur losses due to fluctuations in the market prices of agricultural products. 4.4. Objectives and strategies of risk management and of use of derivative financial instruments The Executive Board is responsible for managing financial risks, and evaluates the Company's exposure to foreign currency risk, interest rate and index risk and agricultural commodities price risk with respect to assets, liabilities and transactions of the Company. Considering the exposure to such risks, Company management evaluates the convenience, cost and availability in the market of derivative financial instruments which allow the Company to mitigate such risks. After such assessment, the Executive Board decides whether to enter into the transaction within the parameters previously approved in the Policies referred to above, and reports it in the Board of Directors' meetings. 4.5. Risks related to each operating strategy The use of derivative financial instruments as an economic hedge reduce the risks of changes in cash flows arising from risks such as foreign currency, interest rate and price index and agricultural commodities prices. However the change in the fair value of the derivative financial instrument may differ from the change in the cash flows or fair value of the assets, liabilities or forecasted transactions which are being hedged, as a result of different factors, such as, among others, differences between the contract dates, the maturity and settlement dates, or differences in "spreads" on the financial assets and liabilities being hedged and the corresponding spreads in the related legs of the swaps. In the case of the derivative financial instruments strategy to hedge recognized assets and liabilities, management believes that the derivative financial instruments present a high degree of protection with respect to the changes in the assets and liabilities being hedged. In the case of the strategy to hedge forecasted sales of soybean or to hedge accounts payable/receivable, which are susceptible to changes commodity prices, differences may arise due to additional factors, such as differences between the estimated and actual soybean volume to be harvested, or differences between the quoted price of soybean in the international markets where the derivative financial instruments are quoted and the price of soybean in the markets in which soybean is physically delivered/received by the Company. Should the soybean volume effectively harvested be lower than the amount for which derivative financial instruments were contracted, the Company will be exposed to variations in the price of the commodities by the volume hedged in excess and vice-versa should the soybean volume effectively harvested be higher than the hedged volume. In the case of exposure to exchange rates, there is a risk that the volume of U.S. dollars sold through forward contracts will be higher than the volume to which the Company is exposed. In such case, foreign exchange rates risk continues to exist in the same proportion as the mismatch, which could result from a reduction in the expected yield of a certain commodity or in a reduction in prices denominated in foreign currencies. 4.6. Restrictions related to the use of derivative financial instruments Additionally, the Company is subjected to credit risk with respect to the counterparty of the derivative financial instrument. The Company has contracted derivative financial instruments either traded in the stock exchanges market or from prime first-tier financial institutions or "trading" companies. The Company understands that, at the balance sheet date, there are no indications of collectability risk with respect to the amounts recognized as assets with respect to derivative financial instruments. The main restrictions by the Company's policy are as follows: · establishment of policies defined by the Board of Directors; · prohibition to enter into derivative financial instruments that have not been approved by the Executive Officers; · maintenance by the Executive Officers of a centralized inventory of outstanding derivative financial instruments contracts; · daily risk report with the consolidated position provided to a company comprising the Executive Officers and designated members of the Board of Directors; · monthly monitoring by the Executive Officers of the fair values as reported by the counterparties as compared to the amounts estimated by management; and · the fair value of the derivative financial instruments is estimated based on the market in which they were contracted and also in which the instruments are inserted 4.7. Impact of derivative financial instruments on the statement of income The gains and losses for changes in the fair value of derivative financial instruments are recognized in the statement of income separately between realized profit and loss (corresponding to derivative financial instruments that have already been settled) and unrealized profit and loss (corresponding to derivative financial instruments not yet settled). 4.8. Estimate of fair value of derivative financial instruments The fair value of derivative financial instruments traded on stock exchanges (B3 and Chicago Board of Trade) is determined based on the quoted prices at the balance sheet date. To estimate the fair value of derivative financial instruments not traded on stock exchanges the Company uses quotes for similar instruments or information available in the market and uses valuation methodologies widely used and that are also used by the counterparties. The estimates do not necessarily guarantee that such operations may be settled at the estimated amounts. The use of different market information and/or valuation methodologies may have a relevant effect on the amount of the estimated fair value. Specific methodologies used for derivative financial instruments entered into by the Company: · Derivative financial instruments of agricultural commodities - The fair value is obtained by using various market sources, including quotes provided by international brokers, international banks and available on the Chicago Board of Trade (CBOT). · Derivative financial instruments of foreign currencies - The fair value is determined based on information obtained from various market sources including, as appropriate, B3 S.A. – Brasil, Bolsa, Balcão, local banks, in addition to information sent by the operation counterparty. a) Sensitivity analysis Management identified for each type of derivative financial instrument the conditions for variation in foreign exchange rates, interest rates or commodities prices which may generate loss on assets and/or liabilities which is being hedged or, in the case of derivative financial instruments related to transactions not recorded in the balance sheet, in the fair value of the contracted derivatives. The sensitivity analysis shows the impact from the changes in the market variables on the aforementioned financial instruments of the Company, considering all other market indicators comprised. Upon their settlement, such amounts may differ from those stated below, due to the estimates used in their preparation. This analysis contemplates five distinct scenarios that differ due to the intensity of variation in relation to the current market. At June 30, 2020, as reference for probable scenarios I, II, III and IV, a variation in relation to the current market of 0%, -25%, -50%, +25%, +50%, respectively, was considered. The preparation of the probable scenario took into consideration the market prices of each one of the reference assets of derivative financial instruments held by the Company at year end. Since all these assets are traded in competitive and open markets, the current market price is a meaninful reference for the expected price of these assets. Accordingly, since the current market price was the reference for the calculation of both book value and the Probable Scenario, it resulted in no mathematical difference. The assumptions and scenarios are as follows: 2020 Devaluation in reais R$ Appreciation in Reais R$ Probable scenario Scenario I -25% Scenario II -50% Scenario III +25% Scenario IV+ 50% Soybean - R$ / bag – July 3, 2020 (CBOT) 106.76 80.07 53.38 133.45 160.14 Soybean - R$ / bag – November 13, 2020 (CBOT) 106.51 79.88 53.26 133.14 159.77 Soybean - R$ / bag – December 28, 2020 (CBOT) 106.67 80.00 53.34 133.34 160.01 Soybean - R$ / bag – February 19, 2021 (CBOT) 106.09 79.57 53.05 132.61 159.14 Soybean - R$ / bag – June 25, 2021 (CBOT) 106.67 80.00 53.34 133.34 160.01 Corn - R$ / bag – July 15, 2020 (CBOT) 48.10 36.08 24.05 60.13 72.15 Corn - R$ / bag – July 16, 2020 (CBOT) 46.26 34.70 23.13 57.83 69.39 Corn - R$ / bag – September 15, 2020 (CBOT) 46.26 34.70 23.13 57.83 69.39 Corn - R$ / bag – September 16, 2020 (CBOT) 46.26 34.70 23.13 57.83 69.39 Corn - R$ / bag – August 27, 2021 (CBOT) 47.44 35.58 23.72 59.30 71.16 Fed Cattle - R$ / arroba – October 30, 2020 (BM&F) 215.85 161.89 107.93 269.81 323.78 Cotton - R$ / arroba – November 13, 2020(CBOT) 110.25 82.69 55.13 137.81 165.38 Cotton - R$ / arroba – December 8, 2020(CBOT) 110.25 82.69 55.13 137.81 165.38 Cotton - R$ / arroba – November 12, 2021(CBOT) 109.16 81.87 54.58 136.45 163.74 USD – August 31, 2020 5.45 4.09 2.73 6.81 8.18 USD – November 30, 2020 5.46 4.10 2.73 6.83 8.19 USD – June 28, 2021 5.50 4.13 2.75 6.88 8.25 USD – June 29, 2021 5.50 4.13 2.75 6.88 8.25 USD – June 30, 2021 5.50 4.13 2.75 6.88 8.25 USD – July 15, 2021 5.51 4.13 2.76 6.89 8.27 USD – November 16, 2021 5.56 4.17 2.78 6.95 8.34 USD – November 17, 2021 5.56 4.17 2.78 6.95 8.34 Interest (rate%) – August 15, 2023 4.67 % 3.50 % 2.34 % 5.84 % 7.01 % This sensitivity analysis aims to measure the impact of variable market changes on the aforementioned financial instruments of the Company, considering all other market indicators remain unchanged. Estimated amounts below can significantly differ from amount eventually settled. In addition, the Company presents a summary of possible scenarios for the following 12 months of the Company's financial instruments. Reliable sources of index disclosure were used for the rates used in the "probable scenario". Scenario I – Scenario I - Possible Scenario II - Remote Scenario I - Possible Scenario II - Remote (*) annual average rates At June 30, 2020 Probable Decrease -25% Decrease -50% Increase 25% Increase 50% Operation Risk Balance (R$) Notional Rate Balance (R$) Rate(*) Balance (R$) Rate Balance (R$) Rate Balance (R$) Rate Balance (R$) Rate Short-term investments CDI 141,095 - 2.15 % (310 ) 2.37 % (832 ) 1.78 % (1,679 ) 1.19 % 832 2.96 % 1,679 3.56 % Marketable securities CDI 5,044 - 2.15 % (11 ) 2.37 % (30 ) 1.78 % (60 ) 1.19 % 30 2.96 % 60 3.56 % Cash - USD USD 27,688 5,056 5.48 (126 ) 5.50 (6,954 ) 4.13 (13,907 ) 2.75 6,954 6.88 13,907 8.25 Total cash, cash equivalents 173,827 5,056 (447 ) (7,816 ) (15,646 ) 7,816 15,646 Financing in Paraguay - Palmeiras USD (8,590 ) (1,569 ) 5.48 (216 ) 5.50 11,814 4.13 23,628 2.75 (11,814 ) 6.88 (23,628 ) 8.25 Debentures CDI (148,432 ) - 2.15 % (327 ) 2.37 % 876 1.78 % 1,766 1.19 % (876 ) 2.96 % (1,766 ) 3.56 % Financing for agricultural costs CDI (40,568 ) - 2.15 % (89 ) 2.37 % 243 1.78 % 483 1.19 % (243 ) 2.96 % (483 ) 3.56 % Financing for working capital CDI (77,516 ) - 4.94 % - 4.94 % 961 3.71 % 1,915 2.47 % (961 ) 6.18 % (1,915 ) 7.41 % Total financing (b) (275,106 ) (1,569 ) (632 ) 13,894 27,792 (13,894 ) (27,792 ) Araucária III Soybean bags 3,336 39,254 88.20 - 88.20 (834 ) 66.15 (1,668 ) 44.10 834 110.25 1,668 132.30 Araucária IV Soybean bags 7,258 84,929 88.02 - 88.02 (1,815 ) 66.01 (3,629 ) 44.01 1,815 110.02 3,629 132.02 Araucária V Soybean bags 37,504 450,000 92.50 - 92.50 (9,376 ) 69.38 (18,752 ) 46.25 9,376 115.63 18,752 138.75 Jatobá I Soybean bags 2,569 30,000 87.40 - 87.40 (642 ) 65.55 (1,285 ) 43.70 642 109.25 1,285 131.10 Jatobá II Soybean bags 129,741 1,571,397 97.76 - 97.76 (32,435 ) 73.32 (64,871 ) 48.88 32,435 122.20 64,871 146.64 Jatobá III Soybean bags 47,384 563,844 97.81 - 97.81 (11,846 ) 73.36 (23,692 ) 48.91 11,846 122.27 23,692 146.72 Jatobá IV Soybean bags 15,481 184,000 93.10 - 93.10 (3,870 ) 69.83 (7,741 ) 46.55 3,870 116.38 7,741 139.66 Jatobá V Soybean bags 33,029 397,368 95.73 - 95.73 (8,257 ) 71.80 (16,515 ) 47.86 8,257 119.66 16,515 143.59 Alto Taquari I Soybean bags 3,545 45,312 86.24 - 86.24 (886 ) 64.68 (1,773 ) 43.12 886 107.80 1,773 129.36 Alto Taquari II Soybean bags 3,554 42,900 88.55 - 88.55 (889 ) 66.41 (1,777 ) 44.27 889 110.68 1,777 132.82 Alto Taquari III Soybean bags 7,946 93,478 88.55 - 88.55 (1,987 ) 66.41 (3,973 ) 44.27 1,987 110.68 3,973 132.82 Total receivables from farms 291,347 3,502,482 - (72,837 ) (145,676 ) 72,837 145,676 Operations with derivatives, net Grains (3,785 ) (1,815,489 ) (a) (3,984 ) (a) 29,285 (a) 62,554 (a) (37,252 ) (a) (70,521 ) (a) Operations with derivatives, net USD (12,007 ) (38,020 ) (a) (12,007 ) (a) 39,271 (a) 90,548 (a) (63,285 ) (a) (114,563 ) (a) Operations with derivatives, net Cattle - (54,450 ) (a) - (a) 3,711 (a) 8,065 (a) (4,999 ) (a) (9,354 ) (a) Operations with derivatives, net Cotton 651 (1,518 ) (a) 647 (a) 3,985 (a) 7,322 (a) (2,690 ) (a) (6,027 ) (a) Operations with derivatives, net Ethanol - (750 ) (a) - (a) 336 (a) 672 (a) (336 ) (a) (672 ) (a) Operations with derivatives, net Swap 1,257 11,847 (a) 1,554 (a) 1,733 (a) 1,919 (a) 1,378 (a) 1,207 (a) Margin - LFT Socopa SELIC 3,015 - 2.15 % (7 ) 2.37 % (18 ) 1.78 % (36 ) 1.19 % 18 2.96 % 36 3.56 % Total derivatives (a) (10,869 ) (13,797 ) 78,303 171,044 (107,166 ) (199,894 ) Cresca, net USD (1,724 ) (315 ) 5.48 (9 ) 5.50 433 4.13 866 2.75 (433 ) 6.88 (866 ) 8.25 Helmir, net USD 314 57 5.48 - 5.50 (78 ) 4.13 (157 ) 2.75 78 6.88 157 8.25 Total related parties (1,410 ) (258 ) (9 ) 355 709 (355 ) (709 ) Serra Grande Farm Soybean bags (14,263 ) 162,000 91.29 - 91.29 3,566 68.47 7,132 45.64 (3,566 ) 114.11 (7,132 ) 136.93 Total Acquisitions payable (14,263 ) 162,000 - 3,566 7,132 (3,566 ) (7,132 ) (*) SOURCE Risks: Bloomberg (a) For sensitivity analysis of derivative positions, forward rates and prices at each maturity date of the operation were used, according to the table above. (b) The sensitivity analyses do not consider financing transactions with fixed rate. b) Credit risk Credit risk refers to the risk of the noncompliance by a counterparty of its contractual obligations, leading the Company to incur financial losses. The risk to which the Company is exposed arises from the possibility of not recovering the amounts receivable from the sale of sugarcane, grains, and from the leasing of land. To reduce credit risk in commercial transactions, the Company adopts the practice of defining credit limits in which it analyzes factors such as: the counteerparty's history, history of its business, commercial references and Credit Protection Institution (Serasa). The Company also constantly monitors the outstanding balances. Currently, management does not expect losses due to the default of its counterparties and has no significant exposure to any individual counterparty. c) Liquidity risk Management policy is to maintain sufficient cash and marketable securities to comply with its financial commitments, due to the mismatch of terms or volume between the estimated amounts receivables and payables. The table below shows the Company's financial liabilities by maturity. The amounts disclosed in the table are the discounted contractual cash flows, in addition to the net derivative financial instruments, which are recorded at fair value/. With respect to payables for the purchase of farms all amounts due at June 30, 2020 and 2019 are payable upon the fulfillment of certain conditions precedent by the sellers and as a result its payment date cannot be determined and have been considered as payable on demand in the table below and no interest or other financial charges have been considered. Note Less than From one From Above five Total At June 30, 2020 Trade payable 15.1 55,603 - - - 55,603 Derivative financial instruments 6 18,333 1,462 - - 19,795 Loans, financing and debentures 16 217,274 198,793 82,037 16,009 514,113 Leases payable 14 25,849 26,200 45,330 54,984 152,363 Transactions with related parties 29 2,849 - - - 2,849 Other liabilities 18 5,017 29,777 4,597 - 39,391 At June 30, 2019 Trade payable 15.1 37,710 - - - 37,710 Derivative financial instruments 6 11,055 - - - 11,055 Loans, financing and debentures 16 76,608 78,326 124,191 6,728 285,853 Leases payable 14 26,503 - - 20,943 47,446 Transactions with related parties 29 2,405 - - - 2,405 4.9. Capital management The Company's objectives when managing capital are to safeguard the Company's ability to continue as a going concern in order to provide returns for stockholders and benefits for other stakeholders, and to maintain an optimal capital structure to reduce the cost of capital. In order to maintain or adjust the capital structure, the Company may adjust the amount of dividend paid to stockholders, return capital to stockholders or, also, issue new shares or sell assets to reduce, for example, debt. Consistent with others in the industry, the Company monitors capital based on the leverage ratio. This ratio is calculated as net debt divided by total equity. Net debt is calculated as total loans, financing and debentures (including "current and noncurrent loans and financing" as shown in the Consolidated statement of financial position), acquisitions payable and derivatives less cash and cash equivalents and marketable securities.. The following table demonstrates the financial leverage index. 2020 2019 Loans, financing and debentures (Note 16) 514,113 285,853 Total acquisitions payable (Note 18) 39,391 - Total derivative financial instruments (Note 6) 10,869 4,136 564,373 289,989 Less: cash and cash equivalents (Note 5.1) (171,045 ) (106,627 ) Less: marketable securities (Notes 5.2) (5,044 ) (13,152 ) (176,089 ) (119,779 ) Net debt 388,284 170,210 Total equity 1,121,569 880,533 Financial leverage ratio 34.62 % 19.33 % 4.10. Fair value hierarchy and classification of financial instruments The carrying amount (less impairment) of trade accounts receivable and payables approximate their fair values. The fair value of financial liabilities, for disclosure purposes, is estimated by discounting the future contractual cash flows at the current market interest rate that is available for similar financial instruments. The Company adopted IFRS 7 and IFRS 13 for financial instruments that are measured in the balance sheet at fair value; this requires disclosure of fair value measurements by level of the following fair value measurement hierarchy: ● Quoted prices (unadjusted) in active markets for identical assets or liabilities (Level 1). ● Inputs other than quoted prices included within level 1 that are observable for the asset or liability, either directly (that is, as prices) or indirectly (that is, derived from prices) (Level 2). ● Inputs for the asset or liability that are not based on observable market data (that is, unobservable inputs) (Level 3). The following table presents the Company's assets and liabilities, their classification and the fair value, as well as the level hierarchy: June 30, 2020 Consolidated - R$ thousand Note Book value Fair value Quoted prices in Significant Significant Financial assets measured at amortized cost Current Trade accounts receivable, net 7.1 72,014 72,014 - 72,014 - Transactions with related parties 29 701 701 - 701 - Non-current Transactions with related parties 29 1,511 1,511 - 1,511 - Financial assets measured at fair value through profit and loss Current Cash equivalents 5.1 141,095 141,095 141,095 - - Marketable securities 5.2 - - - - - Receivables from sales of farms, net (c) 7.1 73,678 73,678 - - 73,678 Derivative financial instruments (b) 6 7,180 7,180 6,121 1,059 - Noncurrent Marketable securities 5.2 5,044 5,044 5,044 - - Receivables from sales of farms, net (c) 7.1 240,074 240,074 - - 240,074 Derivative financial instruments (b) 6 1,746 1,746 305 1,441 - Non-financial assets measured at fair value Current Biological assets 9 115,553 115,553 - 9,037 106,516 Noncurrent Biological assets 9 25,444 25,444 - 25,444 - Non-financial assets measured at cost Noncurrent Investment properties 10 814,398 1,872,701 - - 1,872,701 Financial liabilities measured at amortized cost Current Trade payables 15.1 55,603 55,603 - 55,603 - Loans, financing and debentures (a) 16 217,274 217,274 - 217,274 - Transactions with related parties 29 2,849 2,849 - 2,849 - Noncurrent Loans, financing and debentures (a) 16 296,839 296,839 - 296,839 - Financial liabilities measured at fair value through profit and loss Current Leases payable 14 25,849 25,849 - 25,849 - Derivative financial instruments (b) 6 18,333 18,333 5,900 12,433 - Accounts payable for acquisition of Serra Grande Farm 18 5,017 5,017 - - 5,017 Noncurrent Leases payable 14 126,514 126,514 - 126,514 - Derivative financial instruments (b) 6 1,462 1,462 645 817 - Restricted shares 18 13,490 13,490 13,490 - - Agrifirma warrants 18 10,860 10,860 - 10,860 - Agrifirma warrant dividends 18 778 778 - - 778 Accounts payable for acquisition of Serra Grande Farm 18 9,246 9,246 - - 9,246 June 30, 2019 Consolidated - R$ thousand Note Book value Fair value Quoted prices in Significant Significant Financial assets measured at amortized cost Current Trade accounts receivable, net 7.1 71,295 71,295 - 71,295 - Transactions with related parties 29 1,987 1,987 - 1,987 - Financial assets measured at fair value through profit and loss Current Cash equivalents 5.1 81,013 81,013 81,013 - - Marketable securities 5.2 4,038 4,038 4,038 - - Receivables from sales of farms, net (c) 7.1 41,351 41,351 - - 41,351 Derivative financial instruments (b) 6 5,906 5,906 3,084 2,822 - Noncurrent Marketable securities 5.2 9,114 9,114 9,114 - - Receivables from sales of farms, net (c) 7.1 180,597 180,597 - - 180,597 Derivative financial instruments (b) 6 1,013 1,013 27 986 - Non-financial assets measured at fair value Current Biological assets 9 99,881 99,881 - 13,887 85,994 Noncurrent Biological assets 9 23,235 23,235 - 23,235 - Non-financial assets measured at cost Noncurrent Investment properties 10 526,956 1,471,248 - - 1,471,248 Financial liabilities measured at amortized cost Current Trade payables 15.1 37,710 37,710 - 37,710 - Loans, financing and debentures (a) 16 76,608 76,608 - 76,608 - Transactions with related parties 29 2,405 2,405 - 2,405 - Noncurrent Loans, financing and debentures (a) 16 209,245 209,245 - 209,245 - Financial liabilities measured at fair value through profit and loss Current Leases payable 14 26,503 26,503 - 26,503 - Derivative financial instruments (b) 6 11,055 11,055 9,127 1,928 - Noncurrent Leases payable 14 20,943 20,943 - 20,943 - (a) The book value of loans, financing and debentures presented in the financial statements approximates the fair value, since the rates of these instruments are substantially subsidized and there is no intention of early settlement; (b) The derivative transactions negotiated at active market are measured at fair value at Level 1, over-the-counter transactions are measured at Level 2, as presented in the table above (c) Due to market volatility, one of the non-observable inputs became significant and the receivables from sales of farms were reclassified from Level 2 to Level 3. The Company's policy is to recognize transfers from and to Level 3 on the date of the event or change in the circumstances that caused the transfer. The significant non-observable inputs used in the measurement of the fair value of the credits from the sale of the farm classified as Level 3 in the fair value hierarchy, along with an analysis of quantitative sensitivity on June 30, 2020, are as follows. There were no reclassifications from levels 1 to 2 or from levels 2 to 3: Description Evaluation method Significant non-observable inputs Variation of non-observable inputs Sensitivity of inputs to fair value Receivables from sales of farms Discounted cash flow Premium (or Basis) (0.18) - 0.02 USD/bu The increase or decrease of 0.20 USD/bu in the premium (or basis) paid for the soybean would result in an impact of R$7,061. An increase or decrease of 2,4% in the receivables from the farm. Payables due to acquisition of Serra Grande Farm Discounted cash flow Premium (or Basis) (0.38) -0.02 USD/bu The increase or decrease of 0.20 USD/bu in the premium (or basis) paid for the soybean would result in an impact of R$380.185. An increase or decrease of 2.7% in payables for the farm.

Cash and cash equivalents and m

Cash and cash equivalents and marketable securities	12 Months Ended
	Jun. 30, 2020
Cash and Cash Equivalents and Marketable Securities [Abstract]
Cash and cash equivalents and marketable securities	5. Cash and cash equivalents and marketable securities 5.1. Cash and cash equivalents CDI* 2020 2019 Cash and banks - 29,950 25,614 Repurchase agreements (a) 62 % 15,446 12,632 Bank deposit certificates 99.3% to 101 % 125,649 46,262 Brazilian treasury bonds 101 to 102 % - 22,119 171,045 106,627 * Interbank Deposit Certificates (a) The Company uses this type of investment for funds that will be redeemed in less than 30 days, according to the projected cash flow and also in case of need to invest funds that were received after banking hours. The Company has R$27,688 (R$21,390 as of June 30, 2019), of bank balances denominated in foreign currencies which do not bear any interest. 5.2. Marketable securities CDI* 2020 2019 Bank deposit certificates (a) 98 % - 3,983 Treasury financial bills (c) - 55 Total current - 4,038 Banco do Nordeste (BNB) (a) / (b) 99 % 5,044 9,114 Total noncurrent 5,044 9,114 Marketable securities 5,044 13,152 (a) Indexed to rates from 98% to 99% of the CDI – Interbank Deposit Certificate. (b) The securities in BNB consist of CDBs provided as collateral for financing from the Bank and must be held up to the end of the contract. (c) Treasury bonds indexed to the Selic rate.

Derivative financial instrument

Derivative financial instruments	12 Months Ended
	Jun. 30, 2020
Derivative Financial Instruments [Abstract]
Derivative financial instruments	6. Derivative financial instruments 2020 Volume / Position Risk Maturity Outstanding derivative instruments Counterparty Receivable Payable Total Notional ('000) Short (long) position Unit Currency US$ August-20 NDF Rabobank 141 - 141 (4,600 ) - US$ Currency US$ November-20 NDF Rabobank - (221 ) (221 ) (1,500 ) - US$ Currency US$ November -20 NDF Itaú BBA - (8,958 ) (8,958 ) (14,000 ) - US$ Currency US$ June-21 NDF Rabobank - (1,426 ) (1,426 ) (4,930 ) - US$ Currency US$ June -21 NDF Banco do Brasil - (1,828 ) (1,828 ) (6,500 ) - US$ Currency US$ June -21 NDF OLAM 733 - 733 (1,500 ) - US$ Currency US$ June -21 NDF Banco do Brasil 185 - 185 (1,300 ) - US$ Currency US$ July-21 NDF Banco do Brasil 106 (311 ) (205 ) (1,450 ) - US$ Currency US$ July -21 NDF Rabobank - (367 ) (367 ) (1,440 ) - US$ Currency US$ November -21 NDF Rabobank - (139 ) (139 ) (520 ) - US$ Currency US$ November -21 NDF Macquarie 78 - 78 (280 ) - US$ Current 1,059 (12,433 ) (11,374 ) (34,330 ) - US$ Non-current 184 (817 ) (633 ) (3,690 ) - US$ Total currency risk 1,243 (13,250 ) (12,007 ) (38,020 ) - US$ Soybean CBOT July -20 Soybean options Trading Companies/Banks/CBOT - (1 ) (1 ) - (83,344 ) bags Soybean CBOT February-21 Soybean options Trading Companies/ Banks /CBOT 252 (774 ) (522 ) - (199,571 ) bags Soybean CBOT June-21 Soybean options Trading Companies/ Banks /CBOT 1,718 (1,916 ) (198 ) - (301,625 ) bags Soybean CBOT November-20 Soybean futures Trading Companies/ Banks /CBOT - (16 ) (16 ) - (77,107 ) bags Soybean CBOT December-20 Accrual Trading Companies/ Banks /CBOT 47 (40 ) 7 - (83,911 ) bags Corn BM&F July -20 Corn options Itaú BBA - (55 ) (55 ) - (16,650 ) bags Corn BM&F September-20 Corn futures Macquarie - (529 ) (529 ) - (83,250 ) bags Corn BM&F September -20 Corn options BM&F - (1,431 ) (1,431 ) - (253,350 ) bags Corn BM&F September -20 Corn options Itaú BBA - (682 ) (682 ) - (166,500 ) bags Corn CBOT August-21 Corn options FC Stone 178 (130 ) 48 - (84,670 ) bags Corn CBOT September -20 Corn futures Trading Companies/ Banks /CBOT 51 (200 ) (149 ) - (211,500 ) bags Corn CBOT August-21 Corn futures Trading Companies/ Banks /CBOT - (257 ) (257 ) - (254,011 ) bags Fed Cattle BM&F October-20 Fed cattle futures BM&F - - - - (54,450 ) arroba Cotton November -20 Cotton options Trading Companies/ Banks /CBOT - (256 ) (256 ) - (625 ) ton. Cotton November -21 Cotton options Trading Companies/ Banks /CBOT 127 (258 ) (131 ) - - ton. Cotton December-20 Cotton futures Trading Companies/ Banks /CBOT 1,038 - 1,038 - (893 ) ton. Ethanol BM&F August-20 Ethanol futures BM&F - - - - (150 ) m³ Ethanol BM&F September -20 Ethanol futures BM&F - - - - (450 ) m³ Ethanol BM&F October-20 Ethanol futures BM&F - - - - (150 ) m³ Current (bags) 2,068 (5,644 ) (3,576 ) - (1,476,808 ) bags Current (arrobas) - - - - (54,450 ) arrobas Current (tons) 1,038 (256 ) 782 - (1,518 ) tons Current (cubic meters) - - - - (750 ) cubic meters Non-current (bags) 178 (387 ) (209 ) - (338,681 ) bags Non-current (tons) 127 (258 ) (131 ) - - tons Total risk with commodities 3,411 (6,545 ) (3,134 ) - (1,872,207 ) Interest R$ August-23 SWAP Pre-DI Bradesco 1,257 - 1,257 11,847 - BRL Non-current 1,257 - 1,257 11,847 - BRL Total risk with interest 1,257 - 1,257 11,847 - BRL Total risks 5,911 (19,795 ) (13,884 ) (26,173 ) (1,872,207 ) Margin deposit 3,015 - 3,015 Current 7,180 (18,333 ) Non-current 1,746 (1,462 ) Result on June 30, 2020 (Note 25) 206,199 (254,367 ) 2019 Volume / Position Risk Maturity Outstanding Counterparty Receivable Payable Total Notional ('000) Short (long) position Unit Currency US$ August-19 Options FC Stone 396 (182 ) 214 (4,000 ) - US$ Currency US$ August-19 Options Olam 42 - 42 (500 ) - US$ Currency US$ March-20 Options Itaú BBA 2,220 (1,536 ) 684 (14,000 ) - US$ Currency US$ July-19 NDF Santander 7 - 7 (450 ) - US$ Currency US$ July-19 NDF ABC 57 - 57 (370 ) - US$ Currency US$ July-19 NDF Rabobank - (79 ) (79 ) (5,659 ) - US$ Currency US$ July-19 NDF Itaú BBA 2 - 2 (250 ) - US$ Currency US$ July-19 NDF Olam - (131 ) (131 ) (4,160 ) - US$ Currency US$ November-19 NDF Itaú BBA 77 - 77 (10,000 ) - US$ Currency US$ November-19 NDF Banco Safra 21 - 21 (2,500 ) - US$ Current 2,822 (1,928 ) 894 (41,889 ) - US$ Total currency risk 2,822 (1,928 ) 894 (41,889 ) - US$ Soybean CBOT December-19 Soybean futures and accrual Trading Companies/Banks/CBOT 428 (1,482 ) (1,054 ) - (763,206 ) bags Soybean CBOT June-20 Soybean futures and accrual Trading Companies/Banks/CBOT - (1,165 ) (1,165 ) - (182,029 ) bags Soybean CBOT June-20 Soybean futures Trading Companies/Banks/CBOT 76 - 76 - (12,891 ) bags Soybean CBOT February-20 Soybean options fs Trading Companies/Banks/CBOT - (4,091 ) (4,091 ) - (861,786 ) bags - Corn CBOT August-19 Corn options RJO Brien - (428 ) (428 ) - (99,484 ) bags Corn BM&F September-19 Corn options Itaú BBA - (246 ) (246 ) - (83,250 ) bags Corn BM&F September-19 Corn options BM&F - (659 ) (659 ) - (249,750 ) bags Corn CBOT September-19 Corn futures Trading Companies/Banks/CBOT - (457 ) (457 ) - (84,667 ) bags Corn CBOT December-19 Corn futures and accrual Trading Companies/Banks/CBOT 40 (426 ) (386 ) - (217,361 ) bags Corn CBOT August-20 Corn futures and accrual Trading Companies/Banks/CBOT 27 - 27 - (33,970 ) bags Fed Cattle BM&F July-19 Fed cattle futures BM&F - - - (3,630 ) arroba Fed Cattle BM&F September-19 Fed cattle futures BM&F - - - - (3,300 ) arroba Fed Cattle BM&F October-19 Fed cattle options BM&F - (51 ) (51 ) - (9,900 ) arroba Fed Cattle BM&F November-19 Fed cattle options Itaú BBA - (38 ) (38 ) - (6,600 ) arroba Cotton July-19 Cotton options Trading Companies/Banks/CBOT - (84 ) (84 ) - (1,473 ) ton. Cotton November-19 Cotton futures and accrual Trading Companies/ Banks /CBOT 106 - 106 - (89 ) ton. Cotton December-19 Cotton futures Trading Companies/ Banks/CBOT 142 - 142 - (112 ) ton. Ethanol BM&F July-19 Ethanol futures BM&F - - - - (600 ) m³ Ethanol BM&F August-19 Ethanol futures BM&F - - - - (600 ) m³ Ethanol BM&F September-19 Ethanol futures BM&F - - - - (300 ) m³ Current (bags) 544 (8,954 ) (8,410 ) - (2,554,424 ) bags Current (arrobas) - (89 ) (89 ) - (23,430 ) arrobas Current (tons) 248 (84 ) 164 - (1,674 ) tons Current (cubic meters) - (1,500 ) cubic meters Noncurrent (bags) 27 - 27 - (33,970 ) bags Total risk with commodities 819 (9,127 ) (8,308 ) - (2,614,998 ) Interest R$ August-23 SWAP Pre-DI Bradesco 986 - 986 14,810 BRL Current - - - - - BRL Noncurrent 986 - 986 14,810 - BRL Total risk with interest 986 - 986 14,810 - BRL Total risks 4,627 (11,055 ) (6,428 ) (27,079 ) (2,614,998 ) Margin deposit 2,292 - 2,292 Current 5,906 (11,055 ) Noncurrent 1,013 - Result on June 30, 2019 (Note 23) 114,300 (98,617 ) The Company uses derivative financial instruments such as forward currency contracts and forward commodities contracts to hedge against currency risk and commodities prices, respectively. The margin deposits in operations with derivatives refer to the so-called margins by counterparties in operations with derivative instruments. The total fair value of a derivative is classified as non-current assets or liabilities if the remaining maturity of the derivative is over 12 months, and as current assets or liabilities if the remaining maturity of the derivative is less than 12 months.

Accounts receivable and others

Accounts receivable and others	12 Months Ended
	Jun. 30, 2020
Accounts Receivable and Others [Abstract]
Accounts receivable and others	7. Accounts receivable and others Note 2020 2019 Trade accounts receivable 7.1 145,692 112,646 Recoverable taxes 7.2 9,305 5,950 Advances to suppliers 20,609 5,790 Other receivables 7,744 934 Total current 183,350 125,320 Trade accounts receivable 7.1 240,407 180,597 Recoverable taxes 7.2 20,274 21,269 Judicial deposits 27 1,706 1,667 Total noncurrent 262,387 203,533 7.1 Trade accounts receivable 2020 2019 Sale of sugarcane 30,031 27,623 Sale of grains 36,777 36,546 Sale of beef cattle 636 1,210 Leases of land 4,868 6,954 Sale of machinery 918 121 Sale of farms 73,678 41,351 146,908 113,805 Allowance for expected credit losses (1,216 ) (1,159 ) Total current 145,692 112,646 Sale of machinery 333 - Sale of farms 240,074 180,597 Total noncurrent 240,407 180,597 a) Changes in the allowance for expected credit losses: At June 30, 2018 866 Accrual of provision 397 Write-off or reversal (104 ) At June 30, 2019 1,159 Set-up of provision 213 Accrual of provision 3,782 Write-off or reversal (3,938 ) At June 30, 2020 1,216 b) Breakdown of receivable by maturity 2020 2019 Falling due: Up to 30 days 57,188 49,885 31 to 90 days 44,424 24,456 91 to 180 days 8,748 12,000 181 to 360 days 34,954 20,555 Over 360 days 240,407 180,597 Past due: Up to 30 days 378 5,642 31 to 90 days - 108 181 to 360 days - 308 Over 360 days 1,216 851 387,315 294,402 c) Sale of sugarcane The Company has two sugarcane supply agreements. The first agreement was with Brenco Companhia Brasileira de Energia Renovável and the second agreement is included in the partnership IV Agreement, as mentioned in the explanatory note on Commitments, whose credit risks are assessed in accordance with the internal policy as presented in Note 4.8b. No expected credit allowance was noted at June 30, 2020, and there is no record of default until the date of disclosure of these Financial Statements. d) Sale of grains For the year ended June 30, 2020 and 2019, corn and soybean were sold mainly to the clients Cargill, Bunge Alimentos, Glencore and Gavilon, respectively. e) Receivables from sales of farms Total amounts sold, collected and receivables from sale of farms are as follows: Araucária III Araucária IV Araucária V Jatobá I Jatobá II Jatobá III Jatobá IV Jatobá V Alto Taquari I Alto Taquari II Alto Taquari III Bananal IX Total At June 30, 2018 8,527 9,017 50,594 8,657 - - - - - - - - 76,795 Sales - - - - 123,335 47,016 - - 6,871 - - - 177,222 Receipts (2,980 ) (1,525 ) (10,115 ) (2,513 ) (21,000 ) (5,000 ) - - (2,927 ) - - - (46,060 ) Fair value adjustment (325 ) (254 ) (2,396 ) 38 16,488 115 - - 325 - - - 13,991 At June 30, 2019 5,222 7,238 38,083 6,182 118,823 42,131 - - 4,269 - - - 221,948 Sales (a) - - - - - - 18,974 37,919 - 3,576 11,037 - 71,506 Receipts (4,547 ) - (8,980 ) (4,680 ) (18,359 ) (5,008 ) (6,731 ) (5,000 ) (1,659 ) (2,046 ) (1,761 ) - (58,771 ) Acquisition of Agrifirma - - - - - - - - - - - 21,272 21,272 Fair value adjustment 2,661 20 8,401 1,067 29,277 10,261 3,238 110 935 2,024 (1,330 ) 1,133 57,797 At June 30, 2020 3,336 7,258 37,504 2,569 129,741 47,384 15,481 33,029 3,545 3,554 7,946 22,405 313,752 Current 3,131 4,728 10,596 2,569 22,690 8,140 3,325 8,541 930 1,200 614 7,214 73,678 Noncurrent 205 2,530 26,908 - 107,051 39,244 12,156 24,488 2,615 2,354 7,332 15,191 240,074 (a) Information on sales and the amounts received in the fiscal year ended June 30, 2020 is presented in Notes 1.2 and 21.b. Variable consideration In the case of sales for which official measurement during or upon termination of the agreement is mandatory, the Company adopts the variable consideration concept set forth in IFRS 15 – Revenue and does not recognize 2.3% of the sale until the measurement is made. This percentage, whose calculation is based on the highest historical deviation plus a safety margin, represents the risk of proportional reversion upon sale recognition if there is any difference between the area negotiated and the area delivered. The Company has never delivered a narrower area than the negotiated area and recognizes the 2.3% of revenue from sale after the official measurement. The following table provides a breakdown of credits with the variable consideration element: Jatobá II Jatobá III Jatobá IV Jatobá V Alto Taquari I 2020 June 30, 2020 129,741 47,384 15,481 33,029 3,545 229,180 Variable consideration (2.3%) 3,054 1,115 364 778 83 5,394 132,795 48,499 15,845 33,807 3,628 234,574 7.2 Recoverable taxes 2020 2019 Withholding income tax (IRRF) on financial investments to be offset 3,508 3,276 Income tax losses and social contribution carryforwards 3,155 - Other recoverable taxes and contributions 977 601 Tax on value added - IVA – (Paraguay) 1,665 2,073 Total current 9,305 5,950 ICMS recoverable 9,786 9,792 ICMS recoverable on property, plant and equipment 83 194 Non-cumulative PIS and COFINS to be offset 1,486 4,804 IRRF on financial investments to be offset 454 2,409 Tax on value added - IVA – (Paraguay) 8,465 4,070 Total noncurrent 20,274 21,269

Inventories

Inventories	12 Months Ended
	Jun. 30, 2020
Inventories [Abstract]
Inventories	8. Inventories 2020 2019 Soybean 68,975 54,581 Corn 37,223 11,116 Bean 3,279 - Cotton 3,500 4,349 Other harvests 340 255 Agricultural products 113,317 70,301 Raw materials 25,461 26,767 138,778 97,068 8.1 Adjustment to recoverable value of inventories of agricultural products At June 30, 2018 (4 ) Adjustment to recoverable value of agricultural products, net (2,040 ) Realization as cost of sales 1,773 At June 30, 2019 (271 ) Adjustment to recoverable value of agricultural products, net (4,153 ) Realization as cost of sales 1,763 At June 30, 2020 (2,661 )

Biological assets

Biological assets	12 Months Ended
	Jun. 30, 2020
Biological Assets [Abstract]
Biological assets	9. Biological assets 2020 2019 Food cattle 9,037 13,887 Production cattle 25,444 23,235 Grain plantation 20,749 12,860 Cotton plantation 13,724 8,606 Sugarcane plantation 72,043 64,528 Total 140,997 123,116 Current 115,553 99,881 Noncurrent 25,444 23,235 The amounts of expenditures with plantation and tilling of crops are substantially represented by expenditures with the formation of harvest such as: seeds, fertilizers, pesticides, depreciation and manpowers used in the crops. The area (hectares) to be harvested corresponding to the biological assets is as follows: Planted area (Hectares) 2020 2019 Grains 9,836 8,766 Cotton 1,404 976 Sugarcane (i) 26,959 27,843 38,199 37,585 (i) For sugarcane the area considered above refers to the total to be harvested in all the future cuts, considered in the cash flow for calculation of fair value of biological assets. This area includes the hectares leased from Brenco and Partnership IV, according to contracts executed on May 8, 2015 and February 7, 2017, respectively. Changes in agricultural activity Grains Cotton Sugarcane At June 30, 2018 2,203 - 59,790 Expenditures with plantation 173,367 13,323 - Expenditures with tilling - - 123,230 Fair value variation 18,062 2,619 34,511 Harvest of agricultural produce (181,411 ) (7,336 ) (153,003 ) Effect of conversion 639 - - At June 30, 2019 12,860 8,606 64,528 Expenditures with plantation 208,934 13,702 - Biological assets due to the acquisition of Agrifirma (Note 1.1) 4,883 - - Expenditures with tilling - - 144,177 Fair value variation 84,435 1,373 75,861 Harvest of agricultural produce (291,798 ) (9,957 ) (212,523 ) Effect of conversion 1,435 - - At June 30, 2020 20,749 13,724 72,043 Changes in cattle raising activity Heads Cattle for At June 30, 2018 20,993 34,053 Acquisition/birth costs 8,981 7,917 Handling costs - 11,955 Sales (8,750 ) (17,668 ) Deaths (357 ) (581 ) Consumption (2 ) (5 ) Effect of conversion - (75 ) Change in fair value - 1,526 At June 30, 2019 20,865 37,122 Acquisition/birth costs 9,767 9,964 Handling costs - 18,158 Sales (15,159 ) (33,230 ) Deaths (409 ) (685 ) Effect of conversion - 4,450 Change in fair value - (1,298 ) At June 30, 2020 15,064 34,481 Quantitative data about cattle raising activity, expressed in heads of cattle Consumable Production At June 30, 2019 4,896 15,969 At June 30, 2020 2,624 12,440 Fair value hierarchy at June 30, 2020 Amount Fair value Sugarcane 72,043 Level 3 Cattle 34,481 Level 2 Grains 20,749 Level 3 Cotton 13,724 Level 3 The significant non-observable inputs used in the measurement of the fair value of sugarcane, grains and cotton classified as Level 3 in the fair value hierarchy, along with an analysis of quantitative sensitivity on June 30, 2020, are as follows. There were no reclassifications among the levels during the year. Description Evaluation Significant Variation of non- Increase in inputs Sensitivity of inputs to fair value Sugarcane Discounted cash flow - Yield Yield: 45,0 to 118,5 tons per hectare. An increase in yield generates a positive result in the fair value of biological assets. A decrease in yield generates a negative result in the fair value of biological assets. - TRS (Kg of sugar per ton of sugarcane) Total recoverable sugar: (TRS) 137 to 143 per ton of cane An increase in TRS generates a positive result in the fair value of biological assets. A decrease in TRS generates a negative result in the fair value of biological assets. Corn Discounted cash flow - Yield Yield: 60 to 115 tons per hectare. An increase in yield generates a positive result in the fair value of biological assets. A decrease in yield generates a negative result in the fair value of biological assets. Cotton Discounted cash flow - Yield Yield: 4,2 tons per hectare. An increase in yield generates a positive result in the fair value of biological assets. A decrease in yield generates a negative result in the fair value of biological assets. Changes in fair value in the statement of income 2020 2019 2018 Grains 84,435 18,062 54,892 Cotton 1,373 2,619 - Sugarcane 75,861 34,511 43,952 Cattle (1,298 ) 1,526 239 160,371 56,718 99,083

Investment properties

Investment properties	12 Months Ended
	Jun. 30, 2020
Investment Properties [Abstract]
Investment properties	10. Investment properties Land – Farms Buildings and improvements Opening of area Total in operation Construction in progress 2019 Opening balance 425,079 32,252 49,474 506,805 50,347 557,152 Acquisitions 718 92 408 1,218 26,993 28,211 Disposals (14,416 ) (2,098 ) (10,662 ) (27,176 ) (765 ) (27,941 ) Transfers - 10,641 45,726 56,367 (56,297 ) 70 (-) Depreciation / amortization - (1,268 ) (6,373 ) (7,641 ) - (7,641 ) Effect of conversion (820 ) 39 259 (522 ) (612 ) (1,134 ) Net book balance 410,561 39,658 78,832 529,051 19,666 548,717 At June 30, 2019 Total cost 410,561 48,599 181,128 640,288 19,666 659,954 Accumulated depreciation - (8,941 ) (102,296 ) (111,237 ) - (111,237 ) Net book balance 410,561 39,658 78,832 529,051 19,666 548,717 Annual depreciation rates (weighted average) - % 4-20 10-20 Land – Farms Buildings and improvements Opening of area Total in operation Construction in progress 2020 Opening balance 410,561 39,658 78,832 529,051 19,666 548,717 Acquisitions 24,861 197 445 25,503 16,029 41,532 Acquisitions – business combinations 197,710 7,906 - 205,616 - 205,616 Disposals (4,199 ) (301 ) (1,559 ) (6,059 ) - (6,059 ) Transfers - 6,469 12,528 18,997 (18,997 ) - (-) Depreciation / amortization - (1,830 ) (8,257 ) (10,087 ) - (10,087 ) Effect of conversion 57,118 4,896 22,544 84,558 (6,016 ) 78,542 Net book balance 686,051 56,995 104,533 847,579 10,682 858,261 At June 30, 2020 Total cost 686,051 69,276 177,255 932,582 10,682 943,264 Accumulated depreciation - (12,281 ) (72,722 ) (85,003 ) - (85,003 ) Net book balance 686,051 56,995 104,533 847,579 10,682 858,261 Annual depreciation rates (weighted average) - % 4-20 05-20 Four farms owned by the Company are held as guarantee for loans and financing according to Note 15, representing 30% of total investment properties. The table below shows the fair value of investment properties are as follows: Hectares Fair value* Cost value** Farm State 2020 2019 Real estate Acquisition 2020 2019 2020 2019 Jatobá Bahia 14,930 18,073 Jaborandi Ltda Mar-07 242,504 231,646 28,352 33,930 Alto Taquari Mato Grosso 5,103 5,291 Mogno Ltda Aug-07 194,504 174,580 33,259 35,247 Araucária Goiás 5,534 5,534 Araucária Ltda Apr-07 190,276 163,008 45,488 44,672 Chaparral Bahia 37,182 37,182 Cajueiro Ltda Nov-07 417,660 373,014 89,558 87,909 Nova Buriti Minas Gerais 24,212 24,212 Flamboyant Ltda Dec-07 35,313 35,822 23,454 23,466 Preferência Bahia 17,799 17,799 Cajueiro Ltda Sep-08 68,160 65,172 27,067 27,385 São José Maranhão 17,566 17,566 Ceibo Ltda Feb-17 247,572 211,988 110,443 110,157 Moroti Boqueron Paraguay 59,585 59,490 Agropecuaria Moroti S/A Feb-18 235,270 216,018 232,976 164,190 Arrojadinho Farm Bahia 16,642 - Agrifirma Agro Ltda. Jan-20 88,482 - 84,825 - Rio do Meio Farm Bahia 12,288 - Agrifirma Agro Ltda. Jan-20 122,687 - 120,791 - Serra Grande Farm Piaui 4,489 - Imobiliaria Cremaq May-20 30,273 - 26,091 - 215,330 185,147 1,872,701 1,471,248 822,304 526,956 (*) The fair value of the investment property on June 30, 2020 was R$1,872,701 (R$1,471,248 June 30, 2019). The fair value was determined based on a comparative market approach and was prepared by the Company's specialists. The comparable sales value of investment properties is adjusted considering the specific aspects of each property, where the price per hectare is the most relevant assumption. The fair value presented is considered as level 3 in the fair value hierarchy and there were no reclassifications among levels in the year. (**) At June 30, 2020 the cost value of R$822,304 (R$526,956 at June 30, 2019) is not comparable to that disclosed in the "Investment properties" note, since the note contemplates investments made in certain partnerships (leased farms), which are not an integral part of the Company's portfolio of owned farms.

Investments

Investments	12 Months Ended
	Jun. 30, 2020
Investments [Abstract]
Investments	11. Investments a) Changes in investments 2019 Acquisition Equity pickup Effect from conversion 2020 Cresca 1,256 - (150 ) 509 1,615 Agrofy - 4,127 - - 4,127 1,256 4,127 (150 ) 509 5,742 2018 Capital increase (reduction) Equity pickup Effect from conversion 2019 Cresca 86 49 1,102 19 1,256 86 49 1,102 19 1,256 b) Interest in Joint Venture Cresca's summarized financial information, based on the financial statements prepared in accordance with IFRS as of and for years ended June 30, 2020 and 2019, and the reconciliation with the book value of the investment in the consolidated financial statements are presented below at the fair value adjustment on the acquisition date: 2020 2019 Assets 3,489 2,876 Current 3,447 2,865 Cash and cash equivalents 175 349 Accounts receivable, inventories and other receivables 3,272 2,516 Noncurrent 42 11 Other noncurrent 42 11 Liabilities 260 365 Current 260 365 Trade payables, taxes and loans 260 365 Total net assets 3,229 2,511 Company's interest – 50% 50 % 50 % Company's interest in net assets at estimated fair value 1,615 1,256 2020 2019 Revenue - 3 Cost of products sold - (6 ) Gross revenue (expenses) - (3 ) Selling expenses - (43 ) Administrative expenses (28 ) (235 ) Other profit/expenses - (72 ) Finance costs (272 ) (101 ) Loss before tax (300 ) (454 ) Income and social contribution taxes - 2,658 Loss for the year (300 ) 2,204 Company's interest – 50% (150 ) 1,102 Equity method (150 ) 1,102

Property, plant and equipment

Property, plant and equipment	12 Months Ended
	Jun. 30, 2020
Property, plant and equipment [abstract]
Property, plant and equipment	12. Property, plant and equipment Buildings and improvements Equipment and facilities Agricultural vehicles and machinery Furniture and fixtures Total in operation Construction in progress Sugarcane Total property, plant and equipment At July 1, 2017 Opening balance 192 2,211 7,736 505 10,644 59 44,042 54,745 Acquisitions 10 5,458 4,634 318 10,420 52 32,385 42,857 Disposals - 215 74 55 344 - - 344 Transfers - (55 ) (235 ) (6 ) (296 ) - (137 ) (433 ) Depreciation (5 ) (856 ) (1,214 ) (110 ) (2,185 ) - (10,498 ) (12,683 ) Accounting balance, net 197 6,973 10,995 762 18,927 111 65,792 84,830 At July 1, 2018 Total cost 931 11,091 25,225 1,621 38,868 111 97,907 136,886 Accumulated depreciation (734 ) (4,118 ) (14,230 ) (859 ) (19,941 ) - (32,115 ) (52,056 ) Accounting balance, net 197 6,973 10,995 762 18,927 111 65,792 84,830 At June 30, 2019 Opening balance 197 6,973 10,995 762 18,927 111 65,792 84,830 Acquisitions 2 7,835 1,850 453 10,140 289 32,609 43,038 Disposals - (94 ) (322 ) (17 ) (433 ) - - (433 ) Transfers - 330 - - 330 (400 ) - (70 ) Depreciation (88 ) (1,270 ) (1,480 ) (154 ) (2,992 ) - (16,500 ) (19,492 ) Translation gains/losses - - (21 ) - (21 ) - - (21 ) Accounting balance, net 111 13,774 11,022 1,044 25,951 - 81,901 107,852 At June 30, 2019 Total cost 933 19,162 26,732 2,057 48,884 - 130,516 179,400 Accumulated depreciation (822 ) (5,388 ) (15,710 ) (1,013 ) (22,933 ) - (48,615 ) (71,548 ) Accounting balance, net 111 13,774 11,022 1,044 25,951 - 81,901 107,852 Annual depreciation rates (weighted average) - % 2-20 10 13-20 10 16-27

Right-of-use of assets

Right-of-use of assets	12 Months Ended
	Jun. 30, 2020
Right-of-use Of Assets
Right-of-use of assets	13. Right-of-use of assets Land – Farms Buildings and improvements Vehicles and Agricultural Machinery Total Right-of-use of assets At June 30, 2020 First-time adoption 87,209 538 5,047 92,794 New contracts 28,365 - 601 28,966 Adjustments 6,873 331 (2,511 ) 4,693 (-) Depreciation / Amortization (23,335 ) (580 ) (1,723 ) (25,638 ) Excgange rate variation 251 3 24 278 Ending balance, net 99,363 292 1,438 101,093 At June 30, 2020 Total cost 122,698 872 3,161 126,731 Cumulative depreciation (23,335 ) (580 ) (1,723 ) (25,638 ) Ending balance, net 99,363 292 1,438 101,093 Annual depreciation rates (weighted average) - % 10-25 50 50

Leases payable

Leases payable	12 Months Ended
	Jun. 30, 2020
Leases Payable
Leases payable	14. Leases payable Nature 2020 2019 Current Financial lease sugarcane fields Parceria III 287 254 Operating leases - 26,249 Operating leases - IFRS 16 25,562 - 25,849 26,503 Non-current Financial lease sugarcane fields Parceria IV 34,011 20,943 Operating leases - IFRS 16 - 92,503 - 126,514 20,943 152,363 47,446 Changes in financial leases during the year ended June 30, 2020 and 2019 are as follows: 2019 (a) First-time adoption - IFRS 16 Exchange rate variation Unwind of present value adjustment Payments New contracts 2020 Financial lease sugarcane fields - Parceria III 254 - - 33 - - 287 Financial lease sugarcane fields - Parceria IV 20,943 - - 13,068 - - 34,011 Operating leases 7,156 - - - (13,006 ) 5,850 - Operating leases - IFRS 16 19,093 92,794 307 13,912 (37,007 ) 28,966 118,065 47,446 92,794 307 27,013 (50,013 ) 34,816 152,363 (a) As reclassified according to note 2.1 As of June 30, 2020, the Company's main contracts subject to IFRS 16 are related to agricultural partnership and land lease operations, as well as other less relevant contracts that involve leases of machinery, vehicles and properties. Changes in lease liabilities occur upon effective payment of the lease as well as periodic restatement by variation in the soybean or sugarcane price and adjustment to present value. The impacts from adjustment to present value are recognized under financial income (loss), net in the income statement. As of June 30, 2020, the Company and its subsidiaries held the following lease agreements from third parties: Lease liabilities Description Location Currency 2020 Parceria II Ribeiro Gonçalves - PI R$ 14,390 Parceria III Alto Taquari - MT R$ 35,167 Parceria III – Sugarcane plantation lease Alto Taquari R$ 287 Parceria IV - Sugarcane plantation lease São Raimundo de Mangabeira R$ 34,011 Parceria V São Félix do Xingu - MT R$ 36,492 Araucária Mineiros - GO R$ 2,271 Parceria VII Baixa Grande do Ribeiro - PI R$ 26,697 Headquarters São Paulo - SP R$ 181 Vehicle lease N.A. R$ 549 Services with identified assets N.A. R$ 1,840 Lease of vehicles and office in Paraguay Assunção - Paraguai R$ 478 R$ 152,363 The above lease liabilities, which are under IFRS 16, are discounted to present value using an incremental borrowing rate that ranges from 4.82% to 6.91%. The lease agreements with third parties of the Company are indexed to the price of the soybean bag in the region where each unit is located, except for Parceria III and Headquarters, where the price is determined via Consecana and fixed payments, respectively. For the cases where payments are indexed to the soybean bag, future minimum payments are estimated in number of soybean bags and translated into local currency using the soybean price of each region, on the base date of first-time adoption of IFRS 16, and adjusted to the current price at time of payment. Meanwhile, payments indexed to Consecana are determined in tons of sugarcane and translated into local currency based on the Consecana price in effect at the time. With regard to the lease agreements of third parties: (i) they contain no contingent payment clause; (ii) the lease agreements of Parceria II, V and Araucária are, for the most part, indexed to the variation in the soybean bag price, and, in the case of Parceria II, there is a clause for adjustment of payment for yield bonus; (iii) there are no restrictions imposed, such as those related to dividends and interest on equity, additional debt or any other that requires additional disclosure. The future minimum lease payments of the aforementioned leases are detailed below: 1 year 25,849 2 years 26,200 3 years 17,674 4 years 16,381 5 years 11,275 Above 5 years 54,984 152,363

Trade accounts payable and othe

Trade accounts payable and others	12 Months Ended
	Jun. 30, 2020
Trade Accounts Payable and Others [Abstract]
Trade accounts payable and others	15. Trade accounts payable and others Note 2020 2019 Trade accounts payable 15.1 55,603 37,710 Taxes payable 12,396 7,443 Dividends payable 28,394 42,060 Advances to customers 10,249 5,707 Other liabilities 4,528 34 Total current 111,170 92,954 Taxes payable 25,770 19,451 2,232 - Total noncurrent 28,002 19,451 15.1 Trade accounts payable At June 30, 2020, the Company's balance of trade accounts payable is as follows: 2020 2019 Raw materials and services 55,603 37,710 55,603 37,710

Loans, financing and debentures

Loans, financing and debentures	12 Months Ended
	Jun. 30, 2020
Loans Financing and Debentures [Abstract]
Loans, financing and debentures	16. Loans, financing and debentures Annual interest rates and charges - % Index 2020 2019 2020 2019 Financing for agricultural costs Fixed rate + CDI 1.80% + 100% - 40,568 - Fixed rate - 7.00 % - 6,293 Fixed rate 3.90% - 9,072 - Fixed rate 6.30% - 108,057 - Fixed rate 6.34% - 3,251 - Fixed rate - 6.14 % - 32,295 Fixed rate 7.64% - 9,076 - 170,024 38,588 Financing for agricultural costs (USD) Fixed rate 7.00% - 2,787 - Fixed rate 8.50% - 5,573 - 8,360 - Financing for agricultural costs (PYG) Fixed rate 8.00% - 7,940 - Fixed rate 8.25% 8.25 % 19,749 18,364 27,689 18,364 Bahia Project Financing Fixed rate 3.50% 3.50 % 10,023 9,612 Fixed rate - 4.00 % - 2,668 Fixed rate 6.50% 6.50 % 66 198 Fixed rate 7.50% 7.50 % 165 497 Fixed rate - 9.00 % - 15,559 10,254 28,534 Financing of working capital Fixed rate + CDI 2% + 100% - 77,516 - 77,516 - Financing of Machinery and Equipment – FINAME Fixed rate 7.22% 7.22 % 230 321 Fixed rate + TJLP - 3.73 % - 1,285 Fixed rate - 8.50 % - 2,204 Fixed rate - 10.50 % - 1,732 230 5,542 Financing of sugarcane Fixed rate 6.76% 6.76 % 2,447 2,863 Fixed rate 6.14% - 40,857 27,580 Fixed rate 6.34% - 29,986 - Fixed rate + TJLP - 3.80 % - 10,948 Fixed rate - 10.00 % - 2,091 73,290 43,482 Debentures CDI 106.50% 106.50 % 88,884 91,518 CDI 110.00% 110.00 % 59,548 61,371 148,432 152,889 (-) Transaction costs (1,682 ) (1,546 ) 514,113 285,853 Current 217,274 76,608 Non-current 296,839 209,245 Keys: TJLP – Long Term Interest Rate FINAME – Financing of Machinery and Equipment (National Bank for Economic and Social Development - BNDES) BNB – Banco do Nordeste PYG – Paraguayan currency (Guarani) Breakdown of debt by index 2020 2019 Fixed rate 247,597 120,731 CDI 266,516 152,889 TJLP - 12,233 514,113 285,853 Maturities of short- and long-term loans and financing are broken down as follows: 2020 2019 1 year 217,274 76,608 2 years 198,793 78,326 3 years 51,670 51,283 4 years 22,098 50,909 5 years 8,269 21,999 Above 5 years 16,009 6,728 514,113 285,853 Changes in loans and financing during the year ended June 30, 2020 and 2019 are as follows: 2018 Acquisition Contracting Payment of principal Payment Interest Appropriation of interest Foreign exchange variation 2019 Agricultural Cost Financing (Reais) 31,847 - 37,523 (32,148 ) - 1,366 - 38,588 Agricultural Cost Financing (PYG) 11,486 - 22,838 (15,046 ) (1,297 ) 1,365 (982 ) 18,364 Bahia Project Financing (*) 30,277 - - (3,018 ) (318 ) 1,593 - 28,534 Financing of Machinery and Equipment – FINAME 6,041 - - (479 ) (560 ) 538 2 5,542 Sugarcane Financing 34,512 - 30,233 (22,487 ) (1,862 ) 3,086 - 43,482 Debentures 143,108 - - - - 9,781 - 152,889 Transaction costs (1,467 ) - - - - (79 ) (1,546 ) 255,804 - 90,594 (73,178 ) (4,037 ) 17,650 (980 ) 285,853 2019 Acquisition Agrifirma Contracting Payment of principal Payment Interest Appropriation of interest Foreign exchange variation 2020 Agricultural Cost Financing (Reais) 38,588 - 166,346 (38,185 ) (1,848 ) 5,123 - 170,024 Agricultural Cost Financing (PYG) 18,364 - 14,181 (4,017 ) (1,020 ) 2,007 6,534 36,049 Bahia Project Financing (*) 28,534 - - (16,953 ) (2,864 ) 1,537 - 10,254 Working Capital Financing - 123,862 77,000 (63,777 ) (65,980 ) 3,369 3,042 77,516 Financing of Machinery and Equipment – FINAME 5,542 - - (5,346 ) (481 ) 433 82 230 Sugarcane Financing 43,482 - 43,482 (15,689 ) (2,194 ) 4,208 1 73,290 Debentures 152,889 - - - (11,626 ) 7,169 - 148,432 Transaction costs (1,546 ) - - - - (136 ) - (1,682 ) 285,853 123,862 301,009 (143,967 ) (86,013 ) 23,710 9,659 514,113 (*) Financing to raise funds for opening of areas and improvements in Jatobá and Chaparral farms. a) Loans and Financing Covenants All loans and financing contracts above are in Reais and have specific terms and conditions defined in the respective contracts with governmental economic and development agencies that directly or indirectly grant those loans. At June 30, 2020 and June 30, 2019 the Company's financial agreements did not require compliance with financial covenants, but rather only operating covenants, on which the Company is in compliance. b) Debentures On May 25, 2018, one hundred forty-two thousand, two hundred (142,200) non-convertible debentures were subscribed to and paid in, with security interest, in the total of R$142,200 (R$85,200 for the first series and R$57,000 for the second series). The maturity date of the first-series debentures is August 1, 2022 ("maturity date of the first series") and their unit face value will be paid in three (3) annual installments, the first on July 30, 2020 and the final on the maturity date of the first series. Compensatory interest corresponding to one hundred six point fifty percent (106.50%) of the DI rate will be accrued on the unit face value of first-series debentures, which will be paid on July 30 of each year or on the maturity date of the first series. The maturity date of the second-series debentures is July 31, 2023 ("maturity date of the second series") and their unit face value will be paid in four (4) annual installments, the first on July 30, 2020 and the final on the maturity date of the second series. Compensatory interest corresponding to one hundred ten percent (110.00%) of the overnight DI rate will be accrued on the unit face value of second-series debentures, which will be paid on July 30 of each year or on the maturity date of the second series. The Debentures were linked to a securitization transaction, serving as guarantee for the issue of Certificates of Agribusiness Receivables ("CRA") pursuant to Law 11,076/2004 and CVM Instruction 414/2004, which were the object of a public distribution offer with restricted efforts, under CVM Instruction 476/2009 ("Restricted Offer"). The Debentures are backed by security interest in the form of fiduciary sale of properties owned by the Company and registered under no. 6,254, 6,267 and 6,405, all of them at the Property Records Office of Correntina in the state of Bahia. Covenants The debentures have covenants related to the maintenance of certain financial indicators, based on the ratio of net debt to fair value of investment properties. Failure by the Company to attain these indicators during the term of the debentures may entail advance maturity of the debt. As of June 30, 2020, the Company is in compliance with the covenants described above.

Income and social contribution

Income and social contribution taxes	12 Months Ended
	Jun. 30, 2020
Income and Social Contribution Taxes [Abstract]
Income and social contribution taxes	17. Income and social contribution taxes 17.1. Deferred taxes Deferred income and social contribution tax assets and liabilities are offset when there is a legal right to offset tax credits against tax liabilities, and provided that they refer to the same tax authority and the same legal entity. The fiscal year for income tax and social contribution calculation purposes is different from that adopted by the Company for the preparation of its consolidated financial statements, which ends June 30 of each year. Deferred income tax and social contribution tax assets and liabilities as of June 30, 2020 and 2019 are as follows: 2020 2019 Assets Noncurrent Tax loss carryforwards (NOL) 63,066 54,555 Biological assets 1,389 6,275 Financial lease 13,886 3,443 Contingency, bonuses and fair value 4,794 9,374 Derivative financial instruments 4,720 2,185 Allowance for expected credit losses 890 488 Difference in cost of farms 170 170 Provision of other accounts payable and receivable 2,550 2,468 Subscription warrant 358 - 91,823 78,958 Liabilities Noncurrent Biological assets 27,735 11,546 Finance lease - 58 Surplus on investment 1,733 1,733 Costs of transactions 570 526 Provision of residual value and useful life of PPE assets 981 1,880 Accelerated depreciation of assets for rural activity 44,606 42,705 Deferred taxes on surplus value of PPE and investment property – Acquisition of Agrifirma 26,947 - 102,572 58,448 Deferred assets, net 23,282 20,510 Deferred liabilities, net (34,031 ) - Net balance (10,749 ) 20,510 The net change in deferred income tax is as follows: At June 30, 2018 32,742 Tax losses 11,113 Adjustments in biological assets and agricultural products 2,173 Financial lease 1,830 Provisions for contingency and fair value 1,823 Derivative financial instruments 1,821 Costs of transactions (27 ) Allowance for doubtful accounts (180 ) Provision for other accounts payable and receivable 674 Accelerated depreciation of assets for rural activity (31,459 ) At June 30, 2019 20,510 Tax losses 8,511 Adjustments in biological assets and agricultural products (21,075 ) Financial lease 10,501 Provisions for contingency and fair value (4,580 ) Derivative financial instruments 2,535 Costs of transactions (44 ) Allowance for doubtful accounts 402 Provision for other accounts payable and receivable 82 Accelerated depreciation of assets for rural activity (1,002 ) Subscription warrant 358 Deferred taxes on surplus value of PPE and investment property – Acquisition of Agrifirma (Note 1.1) (27,731 ) Realization of deferred taxes on surplus value of PPE and investment property – Acquisition of Agrifirma 784 At June 30, 2020 (10,749 ) The expected realization of deferred tax assets are as follows: 2020 2021 44,890 2022 9,333 2023 4,188 2024 4,255 2025 to 2030 29,157 91,823 17.2. Income and social contribution tax expenses 2020 2019 2018 Income before income and social contribution taxes 133,529 199,798 152,257 Combined nominal rate of income tax and social contribution taxes – % 34 % 34 % 34 % (45,400 ) (67,931 ) (51,767 ) Share of loss in a Joint Venture (51 ) 375 4,988 Management bonus (2,411 ) (2,827 ) (2,331 ) Share-based incentive plan - ILPA 126 (232 ) (208 ) Nondeductible expenses - (126 ) (135 ) Profit or loss of joint venture abroad (1,070 ) (2,618 ) - Net effect of subsidiaries taxed whose profit is computed as a percentage of gross revenue (*) 35,999 51,126 19,121 Net effect of re-distribution of the assets and liabilitiesof joint venture abroad (Note 1.6) - - 4,778 Other permanent addition (1,168 ) (486 ) (365 ) Income and social contribution taxes for the year (13,975 ) (22,719 ) (25,919 ) Current (10,447 ) (10,487 ) (4,875 ) Deferred (3,528 ) (12,232 ) (21,044 ) (13,975 ) (22,719 ) (25,919 ) Effective tax rate -10 % -11 % -17 % (*) For some of our real estate subsidiaries, profit tax is measured based on the regime whereby profit is computed as a percentage of gross revenue, i.e., income tax is determined on a simplified base to calculate the taxable profit (32% for lease revenues, 8% for sale of farms and 100% for other earnings). This results effectively in taxing the profit of subsidiaries at a rate lower than if taxable income were based on accounting records.

Other Liabilities

Other Liabilities	12 Months Ended
	Jun. 30, 2020
Other Liabilities [Abstract]
Other liabilities	18. Other liabilities 2020 Accounts payable for acquisition of Serra Grande Farm (a) 14,263 Variable consideration for acquisition of Agrifirma (b) 25,128 39,391 Current 5,017 Non-current 34,374 a) On April 20, 2020, the Company acquired 4,489 hectares of Serra Grande Farm for R$25,047. On June 30, 2020, the liability mainly refers to the delivery of 162,000 bags of soybean in three annual installments of 54,000 bags each. The Company maintains its liability measured at fair value through profit or loss. b) The consideration transferred in exchange for control of Agrifirma is divided into four classes, classified in the financial statement in accordance with their characteristics. Restricted shares, Agrifirma Warrants and Agrifirma Warrant Dividends, given their variation factor, were classified as financial liability and are measured at fair value through profit or loss. The impact of this variation in profit or loss on June 30, 2020 was R$1,053. On June 30, 2019, there were no outstanding balances under Other liabilities. The maturities of accounts payable due to acquisition of Serra Grande Farm are broken down as follows: 2020 1 year 5,017 2 years 4,649 3 years 4,597 14,263

Equity

Equity	12 Months Ended
	Jun. 30, 2020
Equity
Equity	19. Equity a) Capital (number of shares) Shareholder 2020 2019 Cresud S.A.C.I.F.Y.A. 19,910,800 23,291,500 Board of Directors 192,800 8,462,700 Executive Board 263,453 131,267 Officers 456,253 8,593,967 Treasury 2,761,820 3,086,748 Other 38,975,428 21,916,701 Total shares of paid-up capital 62,104,301 56,888,916 Total free float shares 38,975,428 21,916,701 Free float shares as percentage of total shares (%) 63 39 At June 30, 2020, the Company's subscribed and paid-up capital amounted to R$699,811 (R$584,224 at June 30, 2019). The Company is authorized to increase its capital, regardless of amendments to the articles of incorporation, up to the limit of R$3,000,000, as determined by the Board of Directors. b) Capital reserve Capital Reserves are composed of amounts received by the company that are not registered under profit or loss as revenue, since they refer to amounts allocated to capital reinforcement, which did not involve any effort from the company in delivering the goods or services. Additional paid in capital The reserve recorded on June 30, 2020 is related to the acquisition of the subsidiary Agrifirma on January 27, 2020 (Note 1.1), a transaction conducted via exchange of shares that generated a difference between the amount of the capital increase and the consideration transferred related to the unrestricted shares, as shown below: Number of Amount Unrestricted shares 4,402,404 97,569 Restricted shares(*) 812,981 18,018 Shares issued in the initial exchange ratio / Capital increase 5,215,385 115,587 Unrestricted shares (final exchange ratio) 4,044,654 82,021 Additional paid in capital (33,566 ) (*) Shares with restrictions on sale do not meet the definition of equity instruments and are registered as financial liabilities. Share-based compensation The information on the share-based compensation plan is described in Note 23. c) Income reserves Legal reserve Pursuant to article 193 of Law No. 6404/76 and article 36, item (a), 5% (five per cent) of the Company's net income at the end of each year must, before any other allocation, be used to set up a legal reserve, which shall not exceed 20% (twenty percent) of capital. The Company is allowed not to set up the legal reserve for the financial year in which the reserve balance, plus the amount of capital reserve addressed in item 1, of article 182, of Law No. 6404/76, exceeds 30% (thirty per cent) of capital. The legal reserve aims at assuring the integrity of the Company's capital and may only be used to offset loss and increase capital. Reserve for investment and expansion According to article 36, item (c), of the Company's articles of incorporation and article 196 of Law No. 6404/76, the Company may allocate the remaining portion of adjusted net income for the year ended, to reserve for investment and expansion, subject to approval on the General Shareholders' Meeting. The balance of the retained profits reserve, except for the reserves of unrealized profit and reserves for contingencies, may not exceed the amount of capital. Once this maximum limit is reached, the General Meeting may resolve on the investment of the exceeding portion in the payment, increase of capital or in dividend distribution. d) Dividends On November 14, 2019, the Company paid the dividends approved at the Annual Shareholders Meeting held on October 16, 2019, which included minimum mandatory dividends of R$42,056 and additional dividends proposed of R$7,944. In accordance with article 40 of the Bylaws, dividends not received or claimed will be time-barred within three (3) years from the date they were made available to the shareholder, and will revert to the Company. Pursuant to article 36, of the Company's Bylaws, profit for the year shall be allocated as follows after allocation to legal reserve: (i) 25% (twenty five percent) of adjusted net profit shall be allocated to the payment of mandatory dividends and (ii) the remaining portion of adjusted net income may be allocated to the reserve for investment and expansion. The allocation of net income for the year as of June 30, 2020 is as follows: 2020 2019 Profit for the year 119,554 177,079 (-) Constitution of legal reserve (5% of net profit) (5,978 ) (8,854 ) Adjusted profit for the year 113,576 168,225 (-) Mandatory minimum dividends - 25% of adjusted net profit (28,394 ) (42,056 ) (-) Additional dividends proposed (13,606 ) (7,944 ) Proposed dividends (42,000 ) (50,000 ) Constitution of reserve for investments and expansion 71,576 118,225 Total shares of paid up capital (per thousand shares) 62,104 56,889 (-) Treasury shares (per thousand shares) (2,762 ) (3,087 ) (=) Outstanding shares (per thousand shares) 59,342 53,802 Dividend per share (R$) 0.71 0.93 e) Other comprehensive income At June 30, 2020, the effects from foreign exchange rate differences arising from the translation of Cresca, Palmeiras and Moroti financial statements amounted to R$76,463 (negative (R$1,007) on June 30, 2019 and R$27,084 on June 30, 2018), and the accumulated effect totalled to R$115,339 as of June 30, 2020 (R$38,876 as of June 30, 2019 and R$39,883 as of June 30, 2018, due to the write-off of (R$30,616) upon the re-distribution of the assets and liabilities of Cresca in the fiscal year ended June 30, 2018). f) Treasury shares Under article 20, item XII of the Bylaws of the Company, the Board of Directors is responsible, among others established in the law or the Bylaws, for deliberating on the acquisition by the Company of shares issued by itself, to be held in treasury and/or later cancellation or sale. Changes in treasury shares in the year are as follows: Treasury shares Number of shares Amount (R$) At June 30, 2018 3,086,748 35,208 At June 30, 2019 3,086,748 35,208 Transfers (Note 23.a) (324,928 ) (3,707 ) At June 30, 2020 2,761,820 31,501 g) Subscription warrants On March 15, 2006, the Board of Directors approved the issuance of 512,000 shares subscription warrants, 256,000 of which for first issue, and 256,000 for second issue, which were delivered to the founder shareholders, in proportion to their interest in the Company's capital at the date of issue of the subscription warrant. Each issue of subscription warrant grants their holders the right to subscribe shares issued by the Company, in an amount equivalent to 20% of its capital after the increase arising from the full exercise of the subscription warrant of each issue. Subscription warrants of the first issue grant their holders, as from the dates on which they become exercisable, the right to subscribe the shares issued by the Company through the payment of the price per share used in the initial public offering, subject to certain restatement and adjustment rules. The subscription warrants of the first issue were issued in three series, which differ solely as to the date on which the right to subscribe the shares granted by them start. Exceptionally, the subscription warrants of the first issue may be exercised by their holders in the event of transfer of the Company's control or acquisition of material interest, as defined in the terms of the corporate documents that decided on the issue of the subscription warrants. The subscription warrants of the second issue grant the holders the right to subscribe shares issued by the Company for up to 15 years, from the date of publication of the announcement of closing of the initial public offering of shares and solely in the events of transfer or acquisition of material shareholding control in the Company, as defined in the terms of the corporate document that decided on the issue of the subscription warrants. In such events, public offerings for acquisition of all the outstanding shares of the Company shall be presented. For the subscription of shares object of the subscription warrants of second issue, their holders shall be required to pay the same price per share used in the abovementioned public offerings of acquisition of the Company's shares. The number of shares to be subscribed according to the subscription warrants shall be adjusted in case of split or reverse split of shares. The detailed information of the second issue market value of these subscription warrants is shown in the table below: Second issue BrasilAgro 2020 2019 Price of share - R$ 20.96 16.60 Maturity (years) 15 15 Maturity (day/month/year) 4/27/2021 27/04/2021 Exercise price at year end - R$/share 20.66 20.23 Number of existing shares 62,104,301 56,888,916 Percentage of capital available for conversion (shares) - % 20 20 Number of outstanding shares and stock purchase warrants 256,000 256,000

Segment information

Segment information	12 Months Ended
	Jun. 30, 2020
Segment Information [Abstract]
Segment information	20. Segment information Segment information is presented consistently with the internal report provided by the chief operating decision maker that is the Executive Board, responsible for allocating resources, assessing the performance of the operating segments, and for making the Company's strategic decisions. Segment information is based on information used by BrasilAgro executive board to assess the performance of the operating segments and to make decisions on the investment of funds. The Company has six segments, namely: (i) real estate, (ii) grains, (iii) sugarcane, (iv) cattle raising, (v) cotton and (vi) other. The operating assets related to these segments are located only in Brazil. The main activity of the grains segment is the production and sale of soybean and corn. The Sugarcane segment includes the sale of the raw product. The Real Estate segment presents the P&L from operations carried out in the Company's subsidiaries. The cattle raising segment consists of producing and selling beef calves after weaning, which characterizes the activity as breeding and fattening of cattle. The cotton segment is engaged primarily in the production and sale of cotton lint and seed. The selected P&L, liabilities and assets information by segment, which were measured in accordance with the same accounting practices used in the preparation of the financial statements, are as follows: 2020 Agricultural activity Total Real estate Grains Cotton Sugarcane Cattle raising Other Corporate Net revenue 487,568 14,680 233,413 13,052 192,942 32,674 807 - Gain from sale of farm 61,420 61,420 - - - - - - Gain (loss) on fair value of biological assets and agricultural products (Note 9) 160,371 - 86,373 1,373 75,861 (1,298 ) (1,938 ) - Reversal of provision for agricultural products after harvest (4,153 ) - (4,153 ) - - - - - Cost of sales (483,813 ) (4,876 ) (245,805 ) (13,529 ) (184,811 ) (32,436 ) (2,356 ) - Gross profit 221,393 71,224 69,828 896 83,992 (1,060 ) (3,487 ) - Operating income (expenses) Selling expenses (14,300 ) 3,731 (16,247 ) (282 ) (1,136 ) (366 ) - - General and administrative expenses (43,890 ) - - - - - - (43,890 ) Other operating income 1,231 - - - - - - 1,231 Equity pickup (150 ) - - - - - - (150 ) Operating income (loss) 164,284 74,955 53,581 614 82,856 (1,426 ) (3,487 ) (42,809 ) Net financial income Financial income 375,413 146,161 11,325 886 - - 23,053 193,988 Financial expenses (406,168 ) (133,795 ) (39,362 ) (3,651 ) (4,828 ) (1,532 ) (43,175 ) (179,825 ) Net income (loss) before taxes 133,529 87,321 25,544 (2,151 ) 78,028 (2,958 ) (23,609 ) (28,646 ) Income and social contribution taxes (13,975 ) (6,722 ) (8,685 ) 731 (26,530 ) 1,006 8,027 18,198 Net income (loss) for the year 119,554 80,599 16,859 (1,420 ) 51,498 (1,952 ) (15,582 ) (10,448 ) Total assets 2,044,368 1,171,762 226,733 17,224 161,706 35,905 26,678 404,360 Total liabilities 922,799 161,609 220,751 - 73,290 - - 467,149 2019 Agricultural activity Total Real estate Grains Cotton Sugarcane Cattle raising Other Corporate Net revenue 357,910 8,520 171,735 - 160,476 16,795 384 - Gain from sale of farm 142,812 142,812 - - - - - - Gain (loss) on fair value of biological assets and agricultural products (Note 9) 56,718 - 18,714 2,619 34,511 1,526 (652 ) - Reversal of provision for agricultural products after harvest (2,040 ) - (2,040 ) - - - - - Cost of sales (319,214 ) (1,788 ) (156,656 ) - (142,303 ) (17,118 ) (1,349 ) - Gross profit 236,186 149,544 31,753 2,619 52,684 1,203 (1,617 ) - Operating income (expenses) Selling expenses (10,536 ) (35 ) (10,885 ) - - (201 ) 585 - General and administrative expenses (38,812 ) - - - - - - (38,812 ) Other operating income (1,064 ) - - - - - - (1,064 ) Equity pickup 1,102 - - - - - - 1,102 Operating income (loss) 186,876 149,509 20,868 2,619 52,684 1,002 (1,032 ) (38,774 ) Net financial income Financial income 310,538 93,460 13,699 - 79,232 - 11,549 112,598 Financial expenses (297,616 ) (116,502 ) (9,566 ) - (44,948 ) - - (126,600 ) Net income (loss) before taxes 199,798 126,467 25,001 2,619 86,968 1,002 10,517 (52,776 ) Income and social contribution taxes (22,719 ) (7,724 ) (8,500 ) - (29,569 ) (341 ) (3,576 ) 26,991 Net income (loss) for the year 177,079 118,743 16,501 2,619 57,399 661 6,941 (25,785 ) Total assets 1,357,614 777,664 156,420 12,955 157,920 39,135 26,733 186,787 Total liabilities 477,081 - 85,486 - 43,482 - - 348,113 The balance sheet accounts are mainly represented by "Trade accounts receivables", "Biological assets", "Inventories of agricultural products" and "Investment properties". a) Information on concentration of clients In the year ended June 30, 2020, the Company has four clients individually representing 10% or more of consolidated revenues, representing 73% of the total sales of the Company. Of these four clients, two account for 100% of the revenues from the sugarcane segment and two account for 61% of the revenues from the grains segment. There are no clients in other segments that represent 10% or more of revenue of total sales. In the year ended June 30, 2019, the Company has four clients individually representing 10% or more of the revenues from the sugarcane or grains segments, representing 85% of the total sales of the Company. Of these four clients, two account for 100% of the revenues from the sugarcane segment and two account for 71% of the revenues from the grains segment. b) Geographic information Revenues and noncurrent assets, excluding financial instruments, income tax and social contribution, deferred assets and rights arising from insurance contracts of the Consolidated, are distributed as follows: Brazil Paraguay 2020 2019 2020 2019 Net income 464.998 329,071 22,570 28,839 Non-current 853,957 516,768 275,957 188,785

Revenues

Revenues	12 Months Ended
	Jun. 30, 2020
Revenues [Abstract]
Revenues	21. Revenues a) Operating sales 2020 2019 2018 Sales of grains 237,904 175,000 99,875 Sales of cotton 13,104 - - Sales of sugarcane 192,943 163,114 142,037 Sales of beef cattle 33,609 16,974 4,115 Lease 18,127 9,598 6,592 Other revenues 1,658 1,086 132 Gross operating revenue 497,345 365,772 252,751 Sales deductions Taxes on sales (9,777 ) (7,862 ) (8,473 ) Net revenue 487,568 357,910 244,278 b) Sale of farms 2020 2019 2018 Sale of farm 83,179 238,414 66,224 Adjustment to present value (11,687 ) (61,192 ) (13,818 ) Gross revenue from sale of farm 71,492 177,222 52,406 Sales taxes (2,610 ) (6,469 ) (1,913 ) Cost of sale of farm (7,462 ) (27,941 ) (10,676 ) Gain from sale of farm 61,420 142,812 39,817 Selling expenses - (35 ) - Income tax and social contribution (2,201 ) (5,459 ) (1,614 ) Net profit from sale of farm 59,219 137,318 38,203

Expenses by nature

Expenses by nature	12 Months Ended
	Jun. 30, 2020
Expenses by Nature [Abstract]
Expenses by nature	22. Expenses by nature Cost of products sold Selling expenses General and administrative Total Depreciation and amortization 58,737 - 1,512 60,249 Personnel expenses 25,115 2,290 30,681 58,086 Expenses with service provider 143,808 - 5,593 149,401 Leasing 13,462 - 175 13,637 Cost of agricultural products 134,972 - - 134,972 Fair value of cost of agricultural products 96,689 - - 96,689 Freight and storage - 14,450 - 14,450 Allowance for doubtful accounts - (2,440 ) - (2,440 ) Maintenance, travel expenses and others 11,030 - 5,929 16,959 At June 30, 2020 483,813 14,300 43,890 542,003 Depreciation and amortization 22,494 - 584 23,078 Personnel expenses 18,660 1,423 28,679 48,762 Expenses with service provider 108,147 - 3,449 111,596 Leasing 20,512 - 803 21,315 Cost of agricultural products 98,561 - - 98,561 Fair value of cost of agricultural products 39,163 - - 39,163 Freight and storage - 9,608 - 9,608 Allowance for doubtful accounts - (530 ) - (530 ) Sale of farms - 35 - 35 Maintenance, travel expenses and others 11,677 - 5,297 16,974 At June 30, 2019 319,214 10,536 38,812 368,562 Depreciation and amortization 22,406 - 816 23,222 Personnel expenses 4,265 2,223 24,133 30,621 Expenses with service provider 53,014 - 4,279 57,293 Leasing 7,799 - 689 8,488 Cost of agricultural products 130,188 - - 130,188 Freight and storage - 7,731 - 7,731 Allowance for doubtful accounts - 133 - 133 Maintenance, travel expenses and others 10,647 - 5,028 15,675 At June 30, 2018 228,319 10,087 34,945 273,351

Management compensation and sha

Management compensation and share based payments	12 Months Ended
	Jun. 30, 2020
Management Compensation and Share Based Payments [Abstract]
Management compensation and share based payments	23. Management compensation and share based payments The expenses with Management compensation were recorded under "General and administrative expenses", as follows: 2020 2019 2018 Board of directors and executive board compensation 3,789 2,869 2,491 Bonuses 7,093 8,315 6,856 Overall compensation 10,882 11,184 9,347 Share 1,117 741 646 Total compensation 11,999 11,925 9,993 The total compensation of the Company's officers and members of the Board of Directors, for the year ended June 30, 2020 in the amount of R$13,500, was approved at the Annual General Meeting held on October 16, 2019. a) Long-term Share-based Incentive Plan On October 2, 2017, the Shareholders Meeting approved the creation of the Long-term Share-based Incentive Plan ("ILPA Plan"). Under the terms of the ILPA Plan, participants will be entitled to receive a certain number of shares if they remain in the Company for a vesting period and achieve certain key performance indicators ("KPIs"). The ILPA Plan establishes that the Board of Directors will have broad powers to implement the ILPA Plan and take all measures necessary for it. The shares to be granted under the ILPA Plan may not exceed, at any time, the maximum and cumulative limit of 2% of the shares issued by the Company. The first grant of incentives was approved by the Board of Directors on June 18, 2018, when the 1 st The vesting period for the 1 st Shares will be granted to participants only if they remain employed by the Company until the end of the vesting period and achieve certain KPIs. One of the KPIs is a certain percentage of appreciation of the price of the AGRO3 stock in the vesting period; if such percentage is not reached, participants will not have the right to receive any shares. If the KPI of stock appreciation is achieved, the number of shares to be granted will vary in three ranges, depending on the level of achievement of three other KPIs, and will be adjusted by the dividends per share distributed in the vesting period, and will increase by an amount established in case the share appreciation exceeds the floor price. The fair value of the benefit was estimated at R$8.61. To measure the fair value of the benefit, the Company considered the price of the AGRO3 stock on the date of the grant and projected the probable range of stock price at the end of the vesting period based on the past performance of the stock price in a period of 1 year and 4 months (compatible with the period between the grant in June 2018 and the end of the vesting period in October 2018). Considering the volatility of the AGRO3 stock, the Company determined the probability of the stock price at the end of the vesting period reaching the value necessary to achieve the appreciation KPI. The maximum number of shares to be issued is 441,563 (outstanding on June 30, 2019). In the period, no shares were cancelled or issued to the beneficiaries, and the number of shares will be adjusted by the dividends per share distributed during the vesting period. To determine the number of shares and the compensation expense, in each fiscal year the Management determines the estimated number of shares to be granted based on its best judgment of the portion of each of the three KPIs that does not depend on the stock price and the dividends to be paid in the vesting period. The expense amount is adjusted on account of such revision and the effects are recognized prospectively. The estimated expense is recognized upon the grant in June 2018, being appropriated linearly during the vesting period, between October 2, 2017 and October 2, 2019. Once the vesting period ended, the Company conducted the settlement of the plan with the transfer of R$3,707 in shares. On June 30, 2020, the expenses of the ILPA Plan and its charges amounted to R$3,529 (R$1,648 on June 30, 2019) and R$4,193, respectively. Accumulated expenses with the plan amounted to 6,020 (R$2,491 on June 30, 2019).

Other operating income (expense

Other operating income (expenses), net	12 Months Ended
	Jun. 30, 2020
Other Operating Income (Expenses), Net [Abstarct]
Other operating income (expenses), net	24. Other operating income (expenses), net 2020 2019 2018 Loss on sale of PPE (151 ) (64 ) (380 ) Provision for legal claims (601 ) 383 387 Surplus gain from re-distribution of the assets and liabilities (a) - - 5,098 Write-off of effect of conversion of joint venture due to re-distribution of the assets and liabilities (a) - - 30,616 Agricultural insurance claims 6,315 - - Expenses with acquisition of Agrifirma (2,530 ) - - Warrants and restricted shares (b) (1,053 ) - - Other (c) (749 ) (1,383 ) (289 ) 1,231 (1,064 ) 35,432 (a) On February 9, 2018, the Company concluded the re-distribution of the assets and liabilities of Cresca, with the portion of assets and liabilities transferred to the wholly-owned subsidiary Agropecuária Moroti S.A. Since the investment was recorded as R$115,478 and the fair value assessed was R$120,576, the Company recorded a gain of R$5,098 in statement of income. Furthermore, R$30,616 held in other comprehensive income that included the effects on the conversion of investment abroad was written off from the statement of income for the year. (b) In the acquisition of Agrifirma, BrasilAgro issued warrants as part of the consideration paid, which correspond to rights that entitle the selling shareholders to acquire 601,302 shares for R$0.01. The obligation was recognized as financial liabilities and continues to be measured at fair value due to compliance with certain conditions that could change the number of shares to be transferred (Note 1.1). (c) In 2019, the Company made donations to institutions in the amount of R$545.

Financial income and expenses

Financial income and expenses	12 Months Ended
	Jun. 30, 2020
Financial Income and Expenses [Abstract]
Financial income and expenses	25. Financial income and expenses Notes 2020 2019 2018 Financial income Interest on marketable securities 5,396 5,507 4,341 Interest on receivable 3,619 622 10,462 Monetary variations (i) - - 160 Foreign exchange variation (i) 14,038 17,110 12,058 Gain on remeasurement of leases (iii) 15,246 16,843 - Gain on remeasurement of receivables from sale of farms (iv) 130,915 156,156 39,337 Realized profit from derivative transactions (v) 6 50,484 55,611 16,861 Unrealized profit from derivative transactions (vi) 6 155,715 58,689 46,104 375,413 310,538 129,323 Financial expenses Marketable securities charges (1,456 ) (294 ) (1,372 ) Bank charges (706 ) (1,334 ) (685 ) Interest accrued (25,248 ) (18,171 ) (28,768 ) Monetary variation (i) - - (346 ) Foreign exchange variation (ii) (15,765 ) (17,724 ) (11,792 ) Gain on remeasurement of leases (iii) (36,091 ) (19,309 ) - Loss on remeasurement of receivables from sale of farms (iv) (72,535 ) (142,167 ) (26,616 ) Realized loss from derivative financial transactions (v) 6 (91,196 ) (35,453 ) (23,968 ) Unrealized loss from derivative financial transactions (vi) 6 (163,171 ) (63,164 ) (44,332 ) (406,168 ) (297,616 ) (137,879 ) Financial income (expense), net (30,755 ) 12,922 (8,556 ) Net balances are as follows: 2020 2019 2018 Monetary variations (i) - - (186) Foreign exchange difference (ii) (1,727 ) (614 ) 266 Net on remeasurement of leases (iii) (20,845 ) (2,466 ) - Net on remeasurement of receivables from sale of farms (iv) 58,380 13,989 12,721 Realized profit (loss) from derivative financial instruments (v) (40,712 ) 20,158 (7,107 ) Unrealized (loss) profit from Derivative financial instruments (vi) (7,456 ) (4,475 ) 1,772

Earnings per share

Earnings per share	12 Months Ended
	Jun. 30, 2020
Earnings per share [abstract]
Earnings per share	26. Earnings per share 2020 2019 2018 Profit attributed to controlling shareholders 119,554 177,079 126,338 Weighted average number of common shares issued (thousands) 56,681 53,802 53,750 Effect from dilution – shares 420 306 64 Weighted average number of common shares issued adjusted by the dilution effect 57,101 54,108 53,813 Basic earnings per share 2.1092 3.2913 2.3505 Diluted earnings per share 2.0937 3.2727 2.3477

Provision for legal claims

Provision for legal claims	12 Months Ended
	Jun. 30, 2020
Provision for Legal Claims [Abstract]
Provision for legal claims	27. Provision for legal claims The Company is involved in civil, labor, environmental and tax lawsuits and administrative proceedings. The provision for probable losses arising from these lawsuits is determined and updated by management, supported by the opinion of the Company's external legal advisors. Probable likelihood of loss Labor Administrative Tax Civil Total At June 30, 2018 990 - 195 22 1,207 Additions 278 - - 25 303 Monetary restatement 114 - - - 114 Reversal/payments (580 ) - (195 ) (25 ) (800 ) At June 30, 2019 802 - - 22 824 Additions 418 65 - 378 861 Monetary restatement 103 2 - - 105 Reversal/payments (365 ) - - - (365 ) Acquisition Agrifirma 60 - - 60 At June 30, 2020 1,018 67 - 400 1,485 Possible likelihood of loss The Company is party to legal suits of civil, labor, environmental and tax natures, and administrative tax proceedings for which no provisions were set up, since they involve risk of loss classified as possible by the Company and its external legal advisors. The contingencies are as follows: 2020 2019 Civil 9,532 9,190 Tax 4,511 4,062 Labor 3,389 825 Environmental 193 279 17,625 14,356 Judicial deposits 2020 2019 Labor 378 389 Tax 1,178 1,143 Civil 150 135 (Note 7) 1,706 1,667

Commitments

Commitments	12 Months Ended
	Jun. 30, 2020
Commitments [Abstract]
Commitments	28. Commitments a) Contracts of sugarcane supply between BrasilAgro and Brenco For the year ended June 30, 2020, gross sugarcane sales of BrasilAgro to Brenco came to R$82.8 million, representing 16.9% of the Company's total net revenue. 2020 2019 2018 Number (tons) Amount Number (tons) Amount Number (tons) Amount Net revenue from sugarcane 840,625 82,763 761,996 73,480 842,960 81,375 The price of sugarcane ton delivered was calculated on Total Sugar Recoverable (ATR) assessed on the sales date. There is a future balance of sugarcane to be delivered, the estimated quantity and amounts of which are difficult to be established considering the scenarios of fluctuating market value and crop productivity. b) Sugarcane agricultural partnership agreement (IV) On February 7, 2017, the Company entered into an agricultural partnership agreement involving a property in São Raimundo das Mangabeiras, in the state of Maranhão, named Partnership IV. The third agreement deals with sugarcane supply, in which the parties aim to regulate the price and conditions of supply, as well as the obligations of each party in a cyclical system, which involves the need to supply sugarcane, in a certain delivery frequency and schedule that is consistent with buyer's receipt and production capacity. For the year ended June 30, 2020, net sugarcane sales to Partnership IV came to R$110.2 million, representing 22.5% of the Company's total net revenue. 2020 2019 2018 Quantity (Tons) Amount Quantity (Tons) Amount Quantity (Tons) Amount Gross sugarcane sales Partnership IV 1,221,728 110,179 1.019.232 86.996 838,501 56,848

Transactions with related parti

Transactions with related parties	12 Months Ended
	Jun. 30, 2020
Transactions with Related Parties [Abstract]
Transactions with related parties	29. Transactions with related parties 2020 2019 Current assets Hemir (a) 314 301 Cresud (a) 176 116 Other (c) 211 1,570 701 1,987 Non-current assets Other (c) 1,511 - 1,511 - Current liabilities – trade accounts payable Trade accounts payable (b) 1,724 1,358 Cresud (a) 814 556 Irsa (a) - 51 Ombu - 273 Other 311 167 2,849 2,405 a) Expenses and revenue related to Due Diligence of new acquisitions and implementation of the budget and controls system and reimbursement of general expenses; b) Acquisition of biological assets and other items related to the Palmeiras operation; c) The amounts substantially refer to the total shares exercised under the Second and Third Programs, as detailed in Note 23.

Non-current assets held for sal

Non-current assets held for sale	12 Months Ended
	Jun. 30, 2020
Non-current assets or disposal groups classified as held for sale or as held for distribution to owners [abstract]
Non-current assets held for sale	30. Non-current assets held for sale The Company entered into a Sale Commitment of a 2,160 hectare area of the Bananal Farm ("Bananal X"), a property located in the municipality of Luís Eduardo Magalhães (Bahia), with 1,714 hectares of agricultural area and 446 hectares of legal reserve and permanent preservation area. The parties negotiated the property for R$28,000, divided into seven installments, with an advance of R$2,000 to be paid in two installments, with the first on February 20, 2019 and the second 30 days. The advances were received and are recorded as advances from customers. A disagreement involving the lessee of the area upon the sale impeded its recognition until this reporting date, and the asset remained registered under Non-current assets held for sale. However, during July 2020, the parties concluded the agreement, the conditions precedent were fully met and, on July 31, 2020, the ownership of the farm was transferred, consummating the sale of Bananal X. IFRS 5 – Non-Current Assets Held for Sale and Discontinued Operations – establishes that non-current assets held for sale must be measured by the lesser the book value registered to date and the fair value less selling expenses, accordingly the amount recognized on June 30, 2020 was: 2020 Book value 28,851 Measurement at fair value (2,994 ) Fair value minus selling expenses (a) 25,857 (a) Measured at nominal sales value, less brokerage expenses and discounting to present value. The variation in fair value registered between January 27, 2020 (Acquisition of Agrifirma) and this reporting date was R$2,015, registered under financial result.

Insurance

Insurance	12 Months Ended
	Jun. 30, 2020
Insurance [Abstract]
Insurance	31. Insurance The Company maintain (i) civil liability insurance for all employees working at the farms, (ii) insurance for machinery, (iii) life insurance for all the employees, as well as (iv) insurance for Directors and Officers (D&O) and for other Board members. The coverage amount is considered sufficient by management to cover risks, if any, over its assets and/or liabilities. The Company assessed the risk of farm buildings and facilities owned by the Group, as well as its inventories and biological assets, concluding that there is no need for other types of insurance due to low likelihood of risks. Below is the table of the liabilities covered by insurance and the related amounts at June 30, 2020: Insurance type Coverage - R$ Civil liability (D&O) 20,000 Civil, professional and general liability 10,476 Machinery 22,296 Fire/lightning/explosion/electrical damage (office) 7,072 Storage silo (Chaparral Farm) 36,760 96,604

Subsequent events

Subsequent events	12 Months Ended
	Jun. 30, 2020
Subsequent Events [Abstract]
Subsequent events	32. Subsequent events Sale of Bananal X Farm The Company concluded the sale of the 2,160 hectares of the Bananal Farm, an area located in the municipality of Luís Eduardo Magalhães, state of Bahia, with 1,714 agricultural hectares. The farm was registered as Non-Current Asset Held for Sale (Note 30) due to a disagreement involving the lessee of the area upon the sale. The conditions precedent set forth in the Sale Commitment were fully met on July 31, 2020 after the receipt of R$5,500. The nominal sale value is R$28,000, of which R$7,500 already has been received by the Company.

Basis of preparation and pres_2

Basis of preparation and presentation (Policies)	12 Months Ended
	Jun. 30, 2020
Basis of Preparation and Presentation [Abstract]
Basis of preparation	2.1. Basis of preparation On October 27, 2020, the Company's Executive Board, Board of Directors and Fiscal Council approved the Company's consolidated financial statements and authorized their issuance. All monetary amounts in these financial statements are presented in thousands of Brazilian Reais, except where otherwise stated. Some of the totals presented in these financial statements may not cast due to rounding. The consolidated financial statements have been prepared and are presented in accordance with International Financial Reporting Standards (IFRS), issued by the International Accounting Standards Board (IASB). All the references to IFRS in these financial statements correspond to the IFRS as issued by the IASB. The consolidated financial statements have been prepared on the historical cost basis, except where otherwise stated, as described in the summary of significant accounting policies. Management has not identified any significant uncertainty as to the Company's ability to continue as a going concern in the next 12 months. The preparation of the financial statements requires the use of certain critical accounting estimates. It also requires that Management use judgment in the process of application of the Company's accounting policies. Those areas requiring a higher level of judgment and with more complexity, as well as the areas in which assumptions and estimates are significant for the financial statements, are disclosed in Note 3. Non-financial data included in these financial statements, such as sales volume, planted and leased area, number of farms, were not examined by the independent auditors. In order to maintain comparability to the current year financial statements, the Company reclassified previous years financial information, as detailed below: Statement of financial position: 2019 Leasing (i) As previously stated Reclassifications Reclassified Leases payable (Note 14) - 47,446 47,446 Trade accounts payable and others 138,654 (26,249 ) 112,405 Financial lease 21,197 (21,197 ) - Statements of cash flows: 2019 2018 Leasing (i) As previously stated Reclassifications Reclassified As previously stated Reclassifications Reclassified Changes in working capital Trade accounts payable 13,595 (3,590 ) 10,005 11,178 (9,470 ) 1,708 Leases payable - 3,590 3,590 - 9,470 9,470 2019 2018 Fair Value (ii) As previously stated Reclassifications Reclassified As previously stated Reclassifications Reclassified Adjustments to reconcile profit for the year Unrealized foreign exchange loss (gain), monetary variation and financial charges, net 12,950 2,466 15,416 12,191 3,863 16,054 Gain on remeasurement of receivable from sale of farms, net (11,523 ) (2,466 ) (13,989 ) (12,721 ) (3,863 ) (16,584 ) (i) In order to improve presentation of leases payable in the statement of financial position starting fiscal year ended June 30, 2020, all lease payables are presented in the line item Leases payable. For comparability purposes, leases payable that were presented in Trade accounts payable and others and in finance leases as of June 30, 2019, were also reclassified to the Leases payable line item. (Note 14); (ii) Additionally, the Company reclassified the cash flow effects to reconcile the profit for the year within the cash flows from operating activities related to the fair value on remeasurement of receivables from sales of farms for the years ended June 30, 2019 and June 30, 2018 to improve presentation in the statement of cash flows and to ensure comparability with the current year. The consolidated financial statements comprise the financial statements of BrasilAgro and its subsidiaries as of June 30, 2020, 2019, and 2018 as described bellow: Ownership % 2020 2019 2018 Jaborandi Agrícola Ltda 99.99 99.99 99.99 Imobiliária Jaborandi 99.99 99.99 99.99 Cremaq 99.99 99.99 99.99 Engenho de Maracaju 99.99 99.99 99.99 Araucária 99.99 99.99 99.99 Mogno 99.99 99.99 99.99 Cajueiro 99.99 99.99 99.99 Ceibo 99.99 99.99 99.99 Flamboyant 99.99 99.99 99.99 Palmeiras 99.99 99.99 99.99 Moroti (b) 99.99 99.99 99.99 Agrifirma 99.99 - - Agrifirma Bahia (a) 99.99 - - I.A. Agro (a) 99.99 - - GL (a) 99.99 - - Delaware (a) 100.00 - - (a) Subsidiaries of Agrifirma – indirect control. (b) Subsidiary incorporated during the re-distribution of the assets and liabilities of the Cresca on February 9, 2018. The subsidiaries are fully consolidated from the date of acquisition and consolidation ceases when the Company loses control. The financial statements of the subsidiaries are prepared for the same reporting period of BrasilAgro, using consistent accounting policies. All intergroup balances, revenues and expenses are fully eliminated in the consolidated financial statements.
Foreign currency translation	2.2. Foreign currency translation a) Functional and presentation currency The Company's functional and presentation currency is the Brazilian Real (R$). The items included in the financial statements of the subsidiaries located in Brazil are measured using Brazilian Reais (R$) as their functional currency. The U.S. Dollar is the functional currency of the joint venture Cresca S.A. ("Cresca"), and subsidiaries Palmeiras S.A. ("Palmeiras") and Agropecuária Moroti S.A. ("Moroti"), all headquartered in Paraguay. b) Transactions and balances in foreign currencies Foreign currency transactions are translated into the functional currency using the exchange rates prevailing at the dates of the transactions or valuations when items are remeasured. Foreign exchange gains and losses resulting from the settlement of such transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognized in the statement of income. c) Foreign operations In the preparation of the consolidated financial statements, the financial statements of Palmeiras, Moroti and Cresca, are translated into Brazilian reais as follows: a) balance sheet at the exchange rate at year end and b) statement of income and cash flows, at the average exchange rate. The effects from variations in the foreign exchange rate resulting from the translation of foreing operations are presented in "Currency translation adjustment of foreign operations" in the statement of comprehensive income and in the statement of changes in equity.
Investment in joint venture	2.3. Investment in joint venture Our investment in the joint venture Cresca, is recorded under the equity method. A joint venture is an agreement whereby the parties sharing joint control are entitled to the net assets of the joint ventures. Joint control is the contractually agreed sharing of control of an arrangement, which exists only when decisions about relevant activities require the unanimous consent of the parties sharing control.
Cash and cash equivalents and marketable securities	2.4. Cash and cash equivalents and marketable securities Cash and cash equivalents include cash, bank deposits maturing within 90 days from the transaction date and short-term highly liquid repurchase agreements for which there are no fines or other restrictions for their immediate redemption. Marketable securities include the financial investments provided as guarantee for loans and financing recorded in current and non-current assets based on the maturities of the referred loans and financing. Cash equivalents and marketable securities are measured at fair value through profit and loss. Bank deposit certificates and repo transactions may mature in a term exceeding 90 days, and may have repurchase guarantee contractually provided by the issuer of the security, allowing the redemption of the securities at their original amount invested plus interest, with no penalty. These investments are classified as cash equivalents. Investments in deposit certificates that are not eligible for redemption without penalties are classified as marketable securities. Certain debt agreements require the Company to keep marketable securities as a guarantee for the outstanding balances. Such investments are restricted while held in guarantee. The Company discloses the purchases and sales of such investments as investment activities in the statement of cash flows. Fixed-income investments are intended to maintain the value of the resources held by the Company and not yet allocated to rural activities, and are governed by a policy approved by the Board of Directors. The statement of cash flows in relation to financing and investment activities, include only transactions that have actually impacted cash and cash equivalents.
Financial instruments	2.5. Financial instruments 2.5.1. Classification and measurement a) Financial assets Initial recognition and measurement Financial assets are classified, at initial recognition, as subsequently measured at amortised cost and fair value through profit or loss. The classification of financial assets at initial recognition depends on the financial asset's contractual cash flow characteristics and the Company's business model for managing them.Trade receivables that do not contain a significant financing component or for which the Company has applied the practical expedient are measured at the transaction price calculated in accordance with IFRS15. In order for a financial asset to be classified and measured at amortised cost, it needs to give rise to cash flows that are 'solely payments of principal and interest (SPPI)' on the principal amount outstanding. The Company's business model for managing financial assets refers to how it manages its financial assets in order to generate cash flows. The business model determines whether cash flows will result from collecting contractual cash flows, selling the financial assets, or both. Purchases or sales of financial assets that require delivery of assets within a time frame established by regulation or convention in the market place (regular way trades) are recognised on the trade date, i.e., the date that the Company commits to purchase or sell the asset. Subsequent measurement For the purposes of subsequent measurement, the Company's financial assets are classified as: i. Financial assets at fair value through profit or loss Financial assets at fair value through profit or loss are carried in the statement of financial position at fair value with net changes in fair value recognised in the statement of income. The Company designates certain financial assets at the initial recognition by the fair value through profit or loss. This designation cannot be altered later. This category includes marketable securities, derivative financial instruments and receivables from the sale of farms, which consist of debt instruments recognized in the consolidated balance sheet in "Trade accounts receivable". Changes in fair value related to credits for the sale of farms designated as fair value through profit or loss are recognized in "Net on remeasurement of receivables from sale of farms" under "Financial income"(Note 25). ii. Financial assets at amortized cost (debt instrument). The Company measures financial assets at amortized cost when both of the following conditions are met: · The financial asset is maintained within a business model which objective is to hold financial assets for the purpose of receiving contractual cash flows. · The contractual terms of the financial asset give rise, on specific dates, to cash flows composed solely of payments of principal and interest on the outstanding principal. Financial assets at amortised cost are subsequently measured using the effective interest ratemethod (EIR) and are subject to impairment. Gains and losses are recognised in statement of income when the asset is derecognised, modified or impaired. The Company's financial assets at amortised cost includes trade receivables, and loan to an associate and loan to a director included under other non-current financial assets. Impairment of financial assets The Company recognises an allowance for expected credit losses (ECLs) for all debt instruments not held at fair value through profit or loss. ECLs are based on the difference between the contractual cash flows due in accordance with the contract and all the cash flows that the Company expects to receive, discounted at an approximation of the original effective interest rate. The expected cash flows will include cash flows from the sale of collateral held or other credit enhancements that are integral to the contractual terms. The Company considers a financial asset to be in default when contractual payments are overdue more than 90 days. However, in certain cases, the Company may also consider that a financial asset is in default when internal or external information indicate that is unlikely that the Company will receive the full outstanding contractual amounts before taking into account any improvements of the credit held by the Company. A financial asset is derecognized when the Company considers there is no reasonable expectation of recovering the contractual cash flows. The following criteria is used by the Company uses to determine if there is objective evidence of expected credit losses: (i) significant financial difficulty of the issuer or obligor; (ii) a breach of contract, such as a default or delinquency in interest or principal payments; (iii) the Company, for economic or legal reasons relating to the borrower's financial difficulty, grants to the borrower a concession that the lender would not otherwise consider; (iv) it becomes probable that the borrower will file a petition for bankruptcy or other financial reorganization; (v) the disappearance of an active market for that financial asset because of financial difficulties; or (vi) observable data indicating that there is a measurable decrease in the estimated future cash flows from a portfolio of financial assets since the initial recognition of those assets, although the decrease cannot yet be identified with the individual financial assets in the portfolio, including: (vii) adverse changes in the payment status of borrowers in the portfolio; and (viii) national or local economic conditions that correlate with defaults on the assets in the portfolio. b) Financial liabilities Initial recognition and measurement Financial liabilities are classified, at initial recognition, as financial liabilities at fair value through profit or loss or financial liabilities at amortized cost, as appropriate. The Company's financial liabilities include trade and other payables, loans and borrowings including bank overdrafts, and derivative financial instruments. Subsequent measurement The measurement of financial liabilities depends on their classification, as described below: i. Financial liabilities at fair value through profit or loss Financial liabilities at fair value through profit or loss include financial liabilities held for trading and financial liabilities designated upon initial recognition as at fair value through profit or loss. Financial liabilities are classified as held for trade when they are incurred for repurchase in the short term. This category also includes derivate financial instruments contracted by the Company that are not designated as hedge instruments under the hedge relations established under IFRS 9. Gains and losses with held-for-trading liabilities are recognized in the statement of income. Financial liabilities designated upon initial recognition at fair value through profit or loss are designated at the initial date of recognition, and only if the criteria in IFRS 9 are satisfied. ii. Financial liabilities at amortized cost After initial recognition, interest-bearing loans and borrowings are subsequently measured at amortised cost using the effective interest rate (EIR) method. Gains and losses are recognised in statement of income when the liabilities are derecognised as well as through the EIR amortisation process. Amortised cost is calculated by taking into account any discount or premium on acquisition and fees or costs that are an integral part of the EIR. The EIR amortisation is included as finance costs in the statement of income. This category generally applies to interest-bearing loans and borrowings. For more information, see Note 16.
Derivative financial instruments	2.6. Derivative financial instruments The Company uses derivative financial instruments, such as future exchange contracts, interest rate swaps and forward commodity contracts, to protect against risks related to exchange rates, interest rates and commodity prices, respectively. Derivative financial instruments are initially recognized at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. The Although the Company uses derivative financial instruments for economic hedge purposes, it has not applied hedge accounting. Any gains or losses arising from changes in the fair value of derivatives during the year are recognized immediately in the statement of income (Note 25). The fair value of derivative financial instruments is disclosed in Note 6.
Trade receivables	2.7. Trade receivables Trade receivables are amounts due from customers for merchandise and farms sold in the ordinary course of business. If collection is expected in one year or less, trade receivables are classified as current assets, otherwise, they are presented as non-current assets. Trade receivables not related to the sale of farms are initially recognized at fair value, and subsequently, measured at amortized cost under the effective interest rate method, less for expected credit losses, as appropriate. Trade receivables related to the sale of farms for which the amount of cash receivable is contractually determined in Reais, equivalent to a quantity of soybean bags at the sale date, are designated at fair value through profit or loss upon initial recognition. The amount of the receivable is subsequently remeasured at each balance sheet date by applying to the contractual committeed quantity of soybean bags by the quotation of soybean for future delivery at the maturity date of each installment (or based on estimates and quotations of brokers when there is no quotation of soybean for future delivery on a specific maturity date) and by translating the resulting U.S. dollars amount to Reais using the U.S. dollar exchange rate for future delivery on the same maturity date (considering that future soybean quotations are denominated in U.S.dollar) and finally discounting the resulting amount to present value. The gain (loss) on remeasurement of the receivable is recognized in financial income and expenses under "Gain (loss) on remeasurement of receivables from sale of farms" (Note 25).
Inventories	2.8. Inventories Agricultural products are measured at fair value less selling expenses. They are reclassified from biological assets to inventories at the time they are harvested. Seeds, manures, fertilizers, pesticides, fuel, lubricants, warehouse and sundry materials are measured at average acquisition cost. Upon identification of the loss of quality of products which affect their sales (either due to storage, load, transportation and other events related to the operation), these products are counted and physically segregated. An adjustment to net realizable value of agricultural products is recognized when the fair value recorded in inventories is higher than the net realizable value. Net realizable value is the estimated selling price in the ordinary course of business, less estimated costs to sell. Adjustments to net realizable value are recognized in the statement of income in "Adjustment to net realizable value of agricultural products after harvest".
Biological assets	2.9. Biological assets The Company's biological assets consist mainly of the cultivation of soybean, corn, cotton, sugarcane and beef cattle, which are measured at fair value less costs to sell. Agricultural activity The fair value of biological assets is determined upon their initial recognition and at each subsequent balance sheet date. Gains and losses arising from the changes in fair value of biological assets is determined as the difference between fair value and the costs incurred in the plantation and treatment of crops of biological assets and agricultural products at the balance sheet date, and are recorded in the statement of income in "Changes in fair value of biological assets". In certain circumstances, the estimated fair value less cost to sell approximate cost incurred at that moment, especially when only a minor biological transformation has taken place or when no material impact is expected from that biological transformation on the price. Biological assets continue to be recorded at their fair value. The sugarcane crops productive cycle is five years on average, and for a new cycle to start depends on the completion of the previous cycle. In this regard, the current cycle is classified as biological asset in current assets, and the amount of the constitution of the bearer plant (bearer of the other cycles) are classified as permanent culture in property, plant and equipment . The calculation methodology used to estimate the fair value of the biological asset "sugarcane" was the discounted cash flows at a rate reflecting the risks and the terms of the operation. As such, the Company projected the future cash flows in accordance with the projected productivity cycle, taking into consideration the estimated useful life of each area, the prices of Total Sugar Recoverable ("ATR"), estimated productivity and the related estimated costs of production, including the cost of land, harvest, loading and transportation for each hectare planted. The soybean, corn and are temporary cultures, in which the agricultural product is harvested after a period of time from 110 to days after the planting date, depending on the cultivation, variety, geographic location and climate conditions. The calculation methodology used to estimate the fair value of the grains was the discounted cash flows at a rate reflecting the risk and terms of operations. As such, we projected the future cash flows taking into consideration the estimated productivity, costs to be incurred based on the Company's budget or on new internal estimates and market prices. The commodities'prices were obtained from quotes on the following boards of trade: CBOT ("Chicago Board of Trade"), B3 (Bolsa, Brasil, Balcão), and NYBOT ("New York Board of Trade"). For the agricultural products not quoted, we used the prices obtained through direct market surveys or disclosed by specialized companies. We considered the related logistic expenses and tax discounts in order to arrive at the prices of each of these products in each production unit of the Company. As mentioned above, the fair value of the biological assets disclosed in the balance sheet was determined using valuation techniques – the discounted cash flows method. The data used in these methods is based on the information observed in the market, whenever possible, and if unavailable, a certain level of judgment is required to establish such fair value. Judgment is used to determine the data to be used, e.g. price, productivity and production cost. Changes in the assumptions on these inputs might affect the fair value of biological assets. Cattle raising activity In 2016, the Company started raising cattle. In Brazil, the main activity consists of producing and raising cattle, which characterizes the activity as bearer. In Paraguay, the main activity is raising and selling cattle, which characterizes the activity as consumable. For segregation purposes, when applicable, the Company classifies its cattle herd into: consumable cattle (current assets), which can be sold as a biological asset for meat production; and bearer cattle (non-current assets), which is used in farm operations to generate other biological assets. At June 30, 2020, the Company only had bearer and consumable cattle, which includes calves, heifers, pregnant heifers, pregnant cows, calves, steers and bulls. The fair value of beef cattle is determined based on market prices, given the existence of an active market. Gain or loss from changes in the fair value of beef cattle is recognized in statement of income for the period (Note 9). The Company considered the prices in the cattle market in Bahia state and in Boqueron (Paraguay), considered the principal market, and the metrics used in the market. Accordingly, consumable cattle and bearer cattle are measured based on observable market prices, weight, and age of the animals.
Investment properties	2.10. Investment properties The Company's business strategy aims mainly at the acquisition, development, exploration and sale of rural properties where agricultural activities can be developed. The Company acquires rural properties believed to have significant potential of appreciation in value by means of maintenance of assets and development of profitable agricultural activities. By acquiring rural properties, the Company seeks to implement higher value added crops and transform these rural properties with investments in infrastructure and technology, in addition to entering into lease contracts with third parties. Based on this strategy, whenever the Company considers that its rural properties are profitable, it sells these rural properties to realize capital gains. The land of rural properties purchased by the Company is measured at acquisition cost, which does not exceed its net realizable value, and is presented in "Non-current assets". The fair value of each property is disclosed in Note 10. Buildings, improvements and opening of areas in investment properties are measured at historical cost, less accumulated depreciation, following the same criteria described for property, plant and equipment in Note 2.11.
Property, plant and equipment	2.11. Property, plant and equipment Property, plant and equipment is measured at historical cost less accumulated depreciation. Historical cost includes expenditures directly attributable to the acquisition of the items. Historical cost also includes borrowing costs related to the acquisition of qualifying assets. Subsequent costs are included in the asset's carrying amount or recognized as a separate asset, as appropriate, only when it is probable that future economic benefits associated with the item will flow to the Company and the cost of the item can be reliably measured. All other repair and maintenance costs are recognized in statement of income, as incurred. Depreciation is calculated using the straight-line method over their estimated useful lives, at the depreciation rates described below: Annual depreciation rates % 2020 2019 2018 Buildings and improvements 2-25 2-25 2-20 Equipment and facilities 10 5-10 10 Vehicles and agricultural machinery 13-20 13-20 13-20 Furniture and fixtures 10 10 10 Opening of areas 5-20 5-20 10-20 Permanent cultures 16-27 16-27 16-27 The residual amount and useful lives of property, plant and equipment are revised and adjusted, if appropriate, at the end of each year. An asset carrying amount is written down immediately to its recoverable amount if the asset's carrying amount exceeds its estimated recoverable amount. Gains and losses on disposals are determined by comparing the sale price with the carrying amount and are recognized in "Other operating income (expenses), net" in the statement of income.
Intangible assets	2.12. Intangible assets Intangible assets includes software license and acquired contractual rights and are amortized over their estimated useful life of 5 years. Costs associated with software maintenance are recognized as an expense as incurred. The Company has no intangible assets with indefinite useful life.
Impairment of non-financial assets	2.13. Impairment of non-financial assets Pursuant to IAS 36 – Impairment of Assets, assets with finite useful lives are reviewed for impairment indicators on each balance sheet date and whenever events or changes in circumstances indicate that the book value may not be recoverable. If any indication exists, the assets are tested for impairment. An impairment loss is recognized for the difference between the asset's carrying amount and its recoverable amount. On June 30, 2020 and 2019, no indication of impairment of assets was identified.
Trade accounts payables	2.14. Trade accounts payables Trade account payables are obligations to pay for goods or services acquired from suppliers in the ordinary course of business. Trade accounts payables are classified as current liabilities if payment is due within one year or less, otherwise they are classified as non-current liabilities.
Loans, financing and debentures	2.15. Loans, financing and debentures Loans, financing and debentures are recognized initially at fair value, net of transaction costs incurred, and subsequently carried at amortized cost. Any difference between the procceds (net of transaction costs) and the settlement value is recognized in the statement of income over the agreement period using the effective interest rate method. Fees paid in raising credit facilities are recognized as transaction costs to the extent that it is probable that some or all of the facility will be used. In this case, the fee is deferred until the facility is completely in use. To the extent there is no evidence that it is probable that some or all of the facility will be used, the fee is capitalized as a prepayment for liquididation services and amortized over the period of the facility to which it relates. Loans, financing and debentures are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least 12 months or longer after the balance sheet date.
Provisions	2.16. Provisions Provisions are recognized when the Company has a present, legal or constructive obligation as a result of past events and it is probable that an outflow of resources will be required to settle the obligation, and the amount can be reliably estimated. Contingent liabilities arising from labor, tax, civil and administrative claims are recorded at their estimated amount when the likelihood of loss in considered probable (Note 3.a).
Current and deferred income tax and social contribution	2.17. Current and deferred income tax and social contribution (a) Current income tax and social contribution Current income tax assets and liabilities are measured at the amount expected to be recovered from or paid to the taxation authorities. The tax rates and tax laws used to compute the amount are those that are enacted or substantively enacted at the reporting date in the countries where the Group operates and generates taxable income. As allowed by the Brazilian tax legislation, certain subsidiaries opted for a tax regime under which taxable profit is computed as a percentage of revenues. Under this regime, taxable profit for income and social contribution tax is calculated by applying a rate of 8% and 12% on gross revenue, respectively, on which the statutory rates for income and social contribution tax are applied. (b) Deferred income tax and social contribution Deferred income taxes are recognized for temporary differences between the tax base of assets and liabilities and their carrying amounts for financial reporting purposes at the reporting date. A deferred income tax liability is recognized for all the temporary differences, whereas deferred income tax assets are only recognized to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilized, including the recognition of a deferred tax asset related to unused tax loss carryforwards. Deferred tax assets and liabilities are classified as non-current. Deferred income tax related to items directly recognized in equity are also recognized in equity. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the year when the asset is realized or the liability is settled, based on tax rates (and tax laws) that have been enacted or substantively enacted at the reporting date. Such rates are 25% for income tax and 9% for social contribution tax (Note 17).
Employee benefits	2.18. Employee benefits a) Share-based payments The Company operates a number of equity-settled, share-based compensation plans, under which the entity receives services from employees as consideration for equity instruments (options and shares) of the Company. The cost of transactions settled with shares is recognized as expense for the year, jointly with a corresponding increase in equity during the year in which the conditions of performance and/or provision of services are met. The accumulated expenses recognized in connection with the equity instruments on each base date, until the date of acquisition, reflect the extent to which the acquisition period has expired and the best estimate of the Company as to the number of equity instruments to be acquired. The expense or reversal of expenses for each year represents the changes in accumulated expenses recognized in the beginning and end of the year. Expenses related to services that did not complete their acquisition period are not recognized, except for transactions settled with shares in which the acquisition depends on a market condition or on the non-acquisition of rights, which are treated as acquired, irrespective of whether the market condition or the condition of non-acquisition of rights is fulfilled or not, provided that all other conditions of performance and/or provision of services are met. When an equity instrument is modified, the minimum expense recognized is the expense that would have been incurred if the terms had not been modified. An additional expense is recognized in case the modification raises the total fair value of the consideration paid for such shares or that otherwise benefits, as measured on the date of modification. If an equity instrument is canceled, such instrument is treated as if it was fully acquired on the date of cancellation, and any expenses not yet recognized, relating to the premium, are recognized immediately in the statement of income of the year. This includes any premium whose non-acquisition conditions under the control of the Company or the employee are not met. However, if the canceled plan is replaced by a new plan and substitute grants are generated, on the date it is granted, the canceled grant and the new plan will be treated as a modification of the original grant, as described in the previous paragraph. All cancellations of transactions with share-based payments will be treated the same. b) Profit sharing The Company provides employees a profit-sharing program, under which all of the employees have the right to receive annual bonuses based on the Company's consolidated financial and operational results, and also on personal goals set for individual employees. Profit sharing is recognized at year end, when the amount can be reliably measured by the Company.
Capital	2.19. Capital Common shares are recorded in equity. Incremental costs directly attributable to issue new shares or options are shown in equity as a deduction of the issued amount, net of taxes.
Revenue from contracts with customers	2.20. Revenue from contracts with customers Revenue comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the Company's activities. Revenue is presented net of taxes, returns and discounts. The Company recognizes revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and when specific criteria have been met for each of the Company's activities, as described below. The Company's estimates are based on past experience, taking into consideration the type of customer, the type of transaction and transaction specifics. The Company applies the model of IFRS 15 to measure and account for revenue from contracts with clients, which establishes the recognition of revenue in an amount that reflects the Company's expected consideration in exchange for the transfer of good or services to a client. The model is based on five steps: i) identification of the contracts with customers; ii) identification of the performance obligations within the agreements; iii) determination of the transaction price; iv) allocation of the transaction price to the performance obligations within the agreements; and v) recognition of revenue when the performance obligation is fulfilled. a) Sale of goods Revenue from sales of grains and sugarcane sales is recognized when performance obligations are met, which consists of transforming the significant risks and benefits of ownership of the goods are transferred to the purchaser, usually when the products are delivered to the purchaser at the determined location, according to the agreed sales terms. In the case of grains, the Company normally enters into forward contracts under which the Company is entitled to determine the sale price for the total or partial volume of grains sold, through the delivery date, based on formulas contractually agreed upon. In some cases, the formulas used to determine the sales price are estated in U.S. Dollars. The Reais amount is also contractually determined, which is based on the exchange rate applicable a couple of days prior to settling the transaction. The price can also be adjusted by other factors, such as humidity and other technical characteristics of grains. With regard to the sale of sugarcane, the Company normally enters into sale agreements for future deliveries, in which data such as volume and minimum ATR are pre-fixed. The pricing of sugarcane considers the quantity of ATR per ton of sugarcane delivered, and the ATR index price, which is disclosed every month by Sugarcane Producers Council (Consecana). Upon the delivery of grains, revenue is recognized based on the price determined for each client considering the foreign exchange rate on the delivery date when applicable. After the grains are delivered to the client, the quality and final weight areassessed, and the final price of the transaction is agreed upon, which result in adjusting the original contractual amounts, and any foreign exchange rate variation through the settlement date. b) Sale of farms Revenue from sale of farms is not recognized until performance obligations are met, which consists of: (i) the sale be in completed, (ii) the Company has determined that it is probable the buyer will pay, (iii) the amount of revenue can be measured reliably, and (iv) the Company has transferred all risks and rewards to the buyer, and does not have a continuing involvement. Usually this coincidies with the buyer making the first down payment, moment when the transfer of possession is completed, according to the contractual terms. The result from sales of farms is presented in the statement of income as "Gain on sale of farms" net of the related cost. c) Sales of beef cattle Revenue from the sale of beef cattle is recognized when performance obligations are met, which consists of transferring the material risks and the benefits of cattle ownership to the buyer, usually when the cattle is delivered to the buyer at the specified place, in accordance with the terms of the sale agreed upon. As for the sale of beef cattle, the Company's operation consists basically of a project involving the production and sale of beef calves after weaning (this process is called rearing). However, some animals that prove to be infertile may be sold to meat packers for slaughtering. At Paraguay operations, the project consists in fattening and selling these animals for slaughtering. The pricing for sale of cattle is based on the market price of the arroba of fed cattle in the respective market (the arroba price is verified on the transaction date), the animal weight, plus the premium related to the category. The sale of cattle in Brazil and Paraguay operations, in turn, considers the price of the arroba of fed cattle or heifer/cow on the date of sale in the respective market, applied to carcass yields.
Financial income and expenses	2.21. Financial income and expenses Includes interest and foreing exchange variations arising from loans and financing contracts, marketable securities, trade accounts receivable, gain and losses on remeasurement of receivables from sale of farms and machinery, gains and losses for changes in fair value of derivative financial instruments, as well as discounts obtained from suppliers for the prepayment trade accounts payable.
Leases	2.22. Leases The Company has agreements for land leases and agricultural partnerships, as well as service agreements. Accordingly, the Company assesses at contract inception whether a contract is, or contains, a lease. That is, if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. Company as lessee The Company applies a single recognition and measurement approach for all leases, except for short-term leases and leases of low-value assets. The Company recognises lease liabilities to make lease payments and right-of-use assets representing the right to use the underlying assets. Right-of-use assets The Company recognises right-of-use assets at the commencement date of the lease (i.e., the date the underlying asset is available for use). Right-of-use assets are measured at cost, less any accumulated depreciation and impairment losses, and adjusted for any remeasurement of lease liabilities. The cost of right-of-use assets includes the amount of lease liabilities recognised, initial direct costs incurred, and lease payments made at or before the commencement date less any lease incentives received. Right-of-use assets are depreciated on a straight-line basis over the shorter of the lease term and the estimated useful lives of the assets. Lease liabilities At the commencement date of the lease, the Company recognizes lease liabilities measured at the present value of the lease payments to be made over the lease term. The lease payments include fixed payments (including in-substance fixed payments) less any lease incentives receivable, variable lease payments that depend on an index or a rate, and amounts expected to be paid under residual value guarantees. The lease payments also include the exercise price of a purchase option reasonably certain to be exercised by the Company and payments of penalties for terminating the lease, if the lease term reflects the Company exercising the option to terminate. Variable lease payments that do not depend on an index or rate are recognized as expenses (unless they are incurred to produce inventories) in the period in which the event or condition that triggers the payment occurred. In calculating the present value of lease payments, the Company uses its incremental borrowing rate at the lease commencement date because the interest rate implicit in the lease is not readily determinable. After the commencement date, the amount of lease liabilities is increased to reflect the accretion of interest and reduced for the lease payments made. In addition, the carrying amount of lease liabilities is remeasured if there is a modification, change in the lease term, change in lease payments (e.g., changes to future payments resulting from a change in the index or rate used to determine such lease payments) or changes in the assessment of an optio to purchase the asset. Short-term leases and low-value asset leases The Company applies the short-term lease recognition exemption to its short-term leases of machinery and equipment (i.e., those leases that have a lease term of 12 months or less from the commencement date and do not contain a purchase option). It also applies the lease of low-value assets recognition exemption to leases of office equipment that are considered to be low value. Lease payments on short-term leases and leases of low-value assets are recognised as expense on a straight-line basis over the lease term. Company as lessor Leases in which the Company does not transfer substantially all the risks and rewards incidental to ownership of an asset are classified as operating leases. Rental income arising is accounted for on a straight-line basis over the lease terms and is included in revenue in the income statement due to its operating nature. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised over the lease term on the same basis as rental income. Contingent rents are recognised as revenue in the period in which they are earned..
Distribution of dividends	2.23. Distribution of dividends Distribution of dividends to the Company's stockholders are recognized as a liability in the Company's financial statements at year-end based on the Company's articles of incorporation. Any amount that exceeds the minimum legally required is only approved at the shareholders' general meeting according to the proposal submitted by the Board of Directors. The tax benefit of interest on equity is recognized in the statement of income.
Adjustment to present value – assets and liabilities	2.24. Adjustment to present value – assets and liabilities Assets and liabilities arising from long-term operations and short-term operations for which the financing component could have a material effect, are adjusted to present value. Accordingly, certain elements of assets and liabilities are adjusted to present value, based on discount rates, which aim to reflect the best estimates of time value of money. The discount rate used varies depending on the characteristics of the assets and liabilities including the risk and terms of the specific item, and it is based on the average rate of loans and financing obtained by the Company, net of inflationary effects.
Basic and diluted earnings (loss) per share	2.25. Basic and diluted earnings (loss) per share Basic earnings (loss) per share is calculated by dividing the available profit by the weighted average number of common shares outstanding during the year. Diluted earnings per share is calculated by dividing the available profit by the weighted average number of common shares outstanding during the year plus the weighted number of additional shares that would be issued if a conversion of all dilutive potential common shares into common shares existed, such as stock options and warrants.
Statement of cash flows	2.26. Statement of cash flows Interest paid is classified as cash flows from financing activities since it represents costs for obtaining financial resources, and are not considered cash flows from operating activities of the Company.
Non-financial obligations	2.27. Non-financial obligations Given the lack of Pronouncement, Interpretation or Guidance applicable to the specific situation of obligations to deliver fixed amounts of soybean as consideration for the purchase of investment property under IAS 40, Management exercised its judgment to result in information that is: (a) relevant for economic decision-making by the users; and (b) reliable, so that the financial statements: (i) adequately represent the equity and financial position, the financial performance and the cash flows of the entity; (ii) reflect the economic essence of transactions, other events and conditions, not merely their legal aspects; (iii) are judicious; and (iv) are complete in all material aspects. BrasilAgro believes that the cost of acquisition of investment properties subject to IAS 40 includes the obligation to deliver agricultural products on future dates. This obligation is initially measured at its fair value on the date the property is recognized. The Company adopts criteria for remeasuring the obligation to deliver agricultural products for the purchase of properties at their fair value on each reporting date against profit or loss. The gain (loss) from remeasurement of this obligation is recognized in the financial result in the income statement.
Business combinations	2.28. Business combinations Business combinations are accounted for using the acquisition method. The cost of an acquisition is measured as the aggregate of the consideration transferred, which is measured at acquisition date fair value, and the amount of any non-controlling interests in the acquiree. Acquisition-related costs are expensed as incurred and included in administrative expenses. When the Company acquires a business, the Company evaluates the financial assets and liabilities assumed for appropriate classification and allocation in accordance with the contractual terms, economic circumstances and pertinent conditions as at the acquisition date. Any contingent consideration to be transferred by the acquiring company will be recognized at fair value on the acquisition date. Contingent consideration classified as an asset or liability that is a financial instrument and within the scope of IFRS 9 Financial Instruments, is measured at fair value with the changes in fair value recognised in the income statement in accordance with IFRS 9. Goodwill is initially measured at cost (being the excess of the aggregate of the consideration transferred and the amount recognised for non-controlling interests and any previous interest held over the net identifiable assets acquired and liabilities assumed). If the fair value of the net assets acquired is in excess of the aggregate consideration transferred, the Company re-assesses whether it has correctly identified all of the assets acquired and all of the liabilities assumed and reviews the procedures used to measure the amounts to be recognised at the acquisition date. If the reassessment still results in an excess of the fair value of net assets acquired over the aggregate consideration transferred, then the gain is recognised in profit or loss.
Non-current assets held for sale	2.29. Non-current assets held for sale The Company classifies non-current assets as held for sale if their carrying amounts will be recovered principally through a sale transaction rather than through continuing use. Non-current assets classified as held for sale are measured at the lower of their carrying amount and fair value less costs to sell. Costs to sell are the incremental costs directly attributable to the disposal of an asset (disposal group), excluding finance costs and income tax expense. The criteria for held for sale classification is regarded as met only when the sale is highly probable, and the asset or disposal group is available for immediate sale in its present condition. Actions required to complete the sale should indicate that it is unlikely that significant changes to the sale will be made or that the decision to sell will be withdrawn. Management must be committed to the plan to sell the asset and the sale expected to be completed within one year from the date of the classification. Assets and liabilities classified as held for sale are presented separately as current items in the statement of financial position.
Fair value measurement	2.30. Fair value measurement The Company measures financial instruments (such as derivatives) and non-financial instruments (such as biological assets) at fair value on each balance sheet date. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value measurement is based on the presumption that the transaction to sell the asset or transfer the liability takes place either · in the principal market for the asset or liability; or · in the absence of a principal market, in the most advantageous market. The principal or more advantageous market must be accessible by the Company. The fair value of an asset or a liability is measured using the assumptions that market participants would use when pricing the asset or liability, assuming that market participants act in their economic best interest. A fair value measurement of a non-financial asset takes into account a market participant's ability to generate economic benefits by using the asset in its highest and best use or by selling it to another market participant that would use the asset in its highest and best use. The Company uses valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure the fair value, maximizing the use of relevant observable inputs and minimizing the use of unobservable inputs. All assets and liabilities for which fair value is measured or disclosed in the financial statements are categorised within the fair value hierarchy, described as follows, based on the lowest level input that is significant to the fair value measurement as a whole: · Level 1 – Quoted (unadjusted) market prices in active markets for identical assets or liabilities; · Level 2 – Valuation techniques for which the lowest level input that is significant to the fair value measurement is directly or indirectly observable; and · Level 3 – Valuation techniques for which the lowest level input that is significant to the fair value measurement is unobservable. For assets and liabilities that are recognised in the financial statements at fair value on a recurring basis, the Company determines whether transfers have occurred between levels in the hierarchy by re-assessing categorisation (based on the lowest level input that is significant to the fair value measurement as a whole) at the end of each reporting period.
New standards, amendments and interpretations	2.31. New standards, amendments and interpretations New or revised pronouncements applied for the first time in the current year In these financial statements, the Company applied for the first tim IFRS 16 - Leases and IFRIC 23 - Uncertainty over income tax treatments. The Company has not early adopted any other standard, interpretation or amendment that has been issued but is not yet effective. The nature and effect of the changes as a result of adoption of these new accounting standards are described below. a. IFRS 16 – Leases IFRS 16 supersedes IAS 17 Leases, IFRIC 4 Determining whether an Arrangement contains a Lease, SIC-15 Operating Leases-Incentives and SIC-27 Evaluating the Substance of Transactions Involving the Legal Form of a Lease. The standard sets out the principles for the recognition, measurement, presentation and disclosure of leases and requires lessees to recognize most leases on the balance sheet. Lessor accounting under IFRS 16 is substantially unchanged from IAS 17. Lessors will continue to classify leases as either operating or finance leases using similar principles as in IAS 17. Therefore, IFRS 16 does not have an impact for leases where the Company is the lessor. The Company adopted IFRS 16 using the modified retrospective method of adoption, with the date of initial application of July 01, 2019. The standard had significant impacts on the financial statements, since, according to the new principles introduced by IFRS 16, the Company recognized lease liabilities and right-of-use assets on the date of initial application for leases previously classified as operating leases. The Company's main contract are related to agricultural partnership operations and land lease, in addition to other less relevant contracts that involve the lease of machinery, vehicles and properties (Note 13). The Company elected to use the transition practical expedient to not reassess whether a contract is, or contains, a lease at July 01, 2019. Instead, the Company applied the standard only to contracts that were previously identified as leases applying IAS 17 and IFRIC 4 at the date of initial application. The Company also elected to use the recognition exemptions for lease contracts that, at the commencement date, have a lease term of 12 months or less and do not contain a purchase option (short-term leases), and lease contracts for which the underlying asset is of low value (low-value assets). The right-of-use of the asset were measured at the amount equivalent to the lease liability, adjusted by the amount of any payments made in advance or accumulated related to these leases that were recognized in the balance sheet immediately prior to the initial adoption of the standard. Lease liabilities are discounted to present value using the incremental borrowing rate of the lessee on the transition date. The impacts of IFRS 16 upon its initial adoption as of July 01, 2019 are presented below. The initial adoption of IFRS 16 did not produce any impacts in equity: As Reclassifications Reclassified Impacts - After Assets Right-of-use of assets (Note 13) - - - 92,794 92,794 Other assets 1,357,614 - 1,357,614 - 1,357,614 Total 1,357,614 - 1,357,614 92,794 1,450,408 Liabilities and shareholders' equity Leases payable (Note 14) - 47,446 47,446 92,794 140,240 Trade accounts payable and others 138,654 (26,249 ) 112,405 - 112,405 Finance leases 21,197 (21,197 ) - - - Related-party transactions 2,405 - 2,405 - 2,405 Other liabilities 314,825 - 314,825 - 314,825 Shareholders' Equity 880,533 - 880,533 - 880,533 Total 1,357,614 - 1,357,614 92,794 1,450,408 e. Interpretation IFRIC 23 – Uncertainty over income tax treatments The interpretation addresses the accounting for income taxes when tax treatments involve uncertainty that affects the application of IAS 12 and does not apply to taxes or levies outside the scope of IAS 12, nor does it specifically include requirements relating to interest and penalties associated with uncertain tax treatments. The Interpretation specifically addresses the following: ● Whether an entity considers uncertain tax treatments separately ● The assumptions an entity makes about the examination of tax treatments by taxation authorities ● How an entity determines taxable profit ( loss), tax bases, unused tax losses, unused tax credits and tax rates ● How an entity considers changes in facts and circumstances An entity must determine whether to consider each uncertain tax treatment separately or together with one or more other uncertain tax treatments. The approach that better predicts the resolution of the uncertainty should be followed. The interpretation is effective for annual reporting periods beginning on or after January 01, 2019, but certain transition reliefs are available. The Company adopted the standard as of July 1, 2019 and concluded that there are no significant effects on its consolidated financial statements. New or revised pronouncements applied for the first time in the year ended June 30, 2019 In fiscal year starting July 1, 2018, the Company adopted IFRS 9, Financial Instruments and IFRS 15, Revenues from Contracts with Customers. The adoption of these new standards did not have any impact in the Company's statement of income, except for the amended and additional disclosures required by these standards. a. IFRS 9 – Financial Instruments The IASB issued the final version of IFRS 9 – Financial Instruments, which replaces IAS 39 – Financial Instruments: Recognition and Measurement and all previous versions of IFRS 9. IFRS 9 combines the three aspects of the project for accounting for financial instruments: classification and measurement, asset impairment, and hedge accounting. The standard is applicable for fiscal years beginning on January 1, 2018. Starting July 1, 2018, the Company applied IFRS 9 – Financial Instruments as the basis for recognition, classification and measurement of financial instruments. The main aspects of the new standard applicable to the Company are described below: i. Classification and measurement of financial assets IFRS 9 contains a new approach for the classification and measurement of financial assets that reflect the business model under which assets and their cash flow characteristics are managed. It contains three main categories to classify financial instruments: measured at amortized cost, at fair value through other comprehensive income, and at fair value through profit or loss. The standard eliminates the categories existing in IAS 39 of financial instruments held to maturity, loans and receivables and financial instruments available for sale. This change of nomenclature does not alter how financial instruments are subsequently measured; it only impacts the disclosure of financial instruments by category in the financial statements, as shown below: 6/30/2018 Category Financial Instruments Consolidated IAS 39 IFRS 9 Trade accounts receivable 57,185 Loans and receivables Amortized cost Transactions with Related Parties 1,660 Loans and receivables Amortized cost Trade accounts payable 48,518 Financial liabilities at amortized cost Amortized cost Loans and financing 255,805 Financial liabilities at amortized cost Amortized cost ii. Impairment of financial assets The new standard replaced the "incurred losses" model of IAS 39 for a prospective model of "expected credit losses." This requires significant judgment on how changes in economic factors affect expected credit losses. Such provisions are measured in credit losses expected for 12 months and credit losses expected for the lifetime of the asset, that is, credit losses that result from all possible default events throughout the expected life of a financial instrument. The Company selected to apply the simplified approach of IFRS 9 – Financial Instruments to measure the credit losses expected throughout the expected life of the financial instrument. During the year, the Company carried out a detailed evaluation of the impact of IFRS 9 aspects. The conclusion of the evaluation is that there is no relevant impact on the adoption of IFRS 9 on impairment of financial assets due to the fact that the Company already analyses each client individualy for expected losses and the level of losses incurred in receivables is not relevant. b. IFRS 15 – Revenue from Contracts with Customers IFRS 15 establishes a five-step model to account for revenues from agreements with clients. According to IFRS 15, revenue is recognized for a value that reflects the consideration to which an entity expects to be entitled in exchange for the transfer or goods or services to a client. The new standard on revenue will replace all current requirements for recognition of revenue in accordance with IFRS. Starting from July 1, 2018, the Company adopted the IFRS 15 – Revenue from Contracts with Customers. The standard provides the principles to be applied by an entity to determine the measurement of revenue and how and when it must be recognized, based on five steps: i) identification of the agreements with clients; ii) identification of the performance obligations within the agreements; iii) determination of the transaction price; iv) allocation of the transaction price to the performance obligations within the agreements; and v) recognition of revenue when the performance obligation is fulfilled. The changes establish the criteria for measurement and registration of sales, as they were effectively made with due presentation, as well as registration of the values to which the Company is entitled in the operation, considering any estimates of impairment loss. In preparing to adopt IFRS 15, the Company considered the following: (a) Sales of agricultural products (grains, cotton and sugarcane) and beef cattle For contracts with customers in which the sale of agricultural prodcuts and beef cattle is generally expected to be the only performance obligation, adoption of IFRS 15 did not present any impact on the Company's revenue and statement of income. The Company expects the revenue recognition to occur at a point in time when control of the agricultural products and beef cattle is transferred to the customer, generally on delivery. (b) Sales of farms For sales of land, revenue is recognized when risks and benefits of ownership of the land is transferred to the customer. This is considered to be the only performance obligation and therefore, according to IFRS 15, revenue is recognized at a point in time, generally when possession of the land is granted to the customer. (c) Presentation and disclosure requirements The presentation and disclosure requirements in IFRS 15 are more detailed than the past IFRS. The presentation requirements represent a significant change from past practice and increases the volume of disclosures required in the Company's financial statements. As required by IFRS 15, the Company needs to disaggregate revenue recognized from contracts with customers into categories that depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. It also needs to disclose information about the relationship between the disclosure of disaggregated revenue and revenue information disclosed for each reportable segment. The Company analyzed the new standard and identified no relevant impacts on their financial statements, considering the nature of their sale transactions, in which performance obligations are clear and the transfer of control over assets is not complex (it is made to the extent the ownership and benefit are transferred to the beneficiaries). Standards issued but not yet in force a. Amendments to IFRS 3: Defining businesses In October 2018, the IASB issued amendments to IFRS 3 regarding the definition of a business to help entities to determine if a set of activities and assets acquired is a business or not. They clarify the minimum requirements for a company, eliminate the assessment of if market participants are capable of replacing missing elements, include guidelines to help entities to evaluate if an acquired process is substantive, determine better the definitions of business and outputs and introduce a test of concentration of optional fair value. New illustrative cases were provided with the amendments. Since the amendments apply prospectively to transactions or other events occurring on the date or after the first-time adoption, the Company will not be affected by these amendments on the transition date. b. Amendments to IAS 1 and IAS 8: Definition of material omission In October 2018, IASB issued amendments to IAS 1 and IAS 8 – Accounting Policies, Changes in Accounting Estimates and Errors to align the definition of omission in all standards, with the information material if omitting, misstating or obscuring if it could reasonably influence decisions that the primary users of general purpose financial statements make on the basis of those financial statements, which provide financial information about a specific reporting entity Such amendments are not expected to have a significant impact on Company's individual and consolidated financial statements. There are no other standards and interpretations issued and not yet adopted that may, in the opinion of the Management, significantly impact profit or loss or shareholders' equity disclosed by the Company.

Operations (Tables)

Operations (Tables)	12 Months Ended
	Jun. 30, 2020
Statement Line Items [Line Items]
Schedule of Estimated consideration transferred at fair value	Number Brasilagro's Total Unrestricted shares 4,044,654 - 115,587 Capital reserve (Note 19.b) - - (33,566 ) Unrestricted shares 4,044,654 20.28 82,021 Shares with sale restriction 637,625 20.28 12,930 Agrifirma Warrants (a) 513,317 20.27 10,405 Agrifirma Warrant Dividends (b) - - 740 Estimated consideration at fair value 5,195,596 106,096 a) Unrestricted and restricted shares: to estimate the fair value of the restricted and unrestricted shares, the number of shares based on the Final Exchange Ratio adjusted by Adjustments due to Indemnifications, was calculated considering Brasilagro's quoted market share price on the B3 (Agro3) as of January 27, 2020. b) Agrifirma Warrants: are measured based on Brasilagro quoted share market price on the B3 as of January 27, 2020, deducting the exercise price of the warrants of R$0.01. c) Agrifirma Warrant Dividends: to estimate the fair value of Agrifirma Bonus Dividends, the average dividend yield of the last four years and Brasilagro's quoted share market price on the B3 as of January 27, 2020 was considered, discounted to present value.
Schedule of consolidated financial statements	7/1/2020 Net income 27,949 Loss for the year (64,305 )
Brasil Agro [member]
Statement Line Items [Line Items]
Schedule of estimated fair value of the assets and liabilities	Assets January 27, Cash and cash equivalents 1,071 Trade accounts receivable 3,313 Inventories 1,461 Biological assets 4,883 Recoverable taxes and contributions 3,012 Non-current assets held for sale 23,842 Related parties 36 Other credits 6,025 43,643 Other credits 15,986 Investment properties 197,711 Property, plant and equipment 23,541 237,238 Total assets 280,881 Liabilities Trade accounts payables 792 Loans and financing 123,862 Payable income tax and social contribution 19 Taxes payable 646 Labor charges 2,894 Other accounts payable 15,590 143,803 Provision for contingencies 60 Other accounts payable 3,206 Deferred tax liabilities 27,763 Total liabilities 31,029 Total net assets at fair value 106,049 Goodwill (a) 47 Total consideration 106,096 a) Goodwill is attributed to the profitability expected from synergy gains and economies of scale in the agricultural operations and from the creation of real estate value in undeveloped areas. It is not expected that goodwill will be dedcuctible for tax purposes.
Schedule of consolidated financial statements	1/27/2020 Net revenue 19,194 Net income for the period 1
Moroti [Member]
Statement Line Items [Line Items]
Schedule of estimated fair value of the assets and liabilities	Book value Effect of Fair value Assets Accounts receivable, inventories and other receivables 4,616 36 4,652 Recoverable taxes 13 (13 ) - Investment properties 129,750 11,202 140,952 Other property and equipment other than land 67 277 344 134,446 11,502 145,948 Liabilities Trade payables, taxes and other liabilities 254 6,322 6,576 Loans 18,714 82 18,796 18,968 6,404 25,372 Total 115,478 5,098 120,576
Initial Exchange Ratio [member]
Statement Line Items [Line Items]
Schedule of exchange ratio	Initial Unrestricted shares 4,402,404 Shares with sale restriction 812,981 Shares issued and delivered (i) 5,215,385 Agrifirma warrants (ii) 654,487 5,869,872 (i) Based on preliminary book values as of June 30, 2019 of Agrifirma, the capital stock of BrasilAgro was increased by R$115,587, from R$584,224 to R$699,811, with the issuance of 5,215,385 new common shares of the Company, which were subscribed for and paid up by the shareholders of Agrifirma, and (ii) Issuance of the Agrifirma Warrants on behalf of one of the selling shareholders, entitling them to subscribe, anytime until January 22, 2022, to up to 654,487 new common shares of the Company, with exercise price of R$0.01 per share (Note 18.b).
Final Exchange Ratio [member]
Statement Line Items [Line Items]
Schedule of exchange ratio	Initial Adjustment Final Unrestricted shares 4,402,404 (357,750 ) 4,044,654 Shares with sale restriction 812,981 (66,065 ) 746,916 Total shares (i) 5,215,385 (423,815 ) 4,791,570 Warrants 654,487 (53,185 ) 601,302 5,869,872 (477,000 ) 5,392,872 i) The adjustment in the exchange ratio determines that the selling shareholders, the holders of the 5,215,385 shares previously calculated in the preliminary exchange ratio, must return 423,815 shares, in accordance with the final exchange ratio. The share return process is in progress and should be completed up to October 2020.
Adjustments for indemnifications [member]
Statement Line Items [Line Items]
Schedule of exchange ratio	Final Exchange Ratio Adjustments for indemnifications Final Unrestricted shares 4,044,654 - 4,044,654 Shares with sale restriction 746,916 (109,291 ) 637,625 Total shares 4,791,570 (109,291 ) 4,682,279 Warrants 601,302 (87,985 ) 513,317 5,392,872 (197,276 ) 5,195,596

Basis of preparation and pres_3

Basis of preparation and presentation (Tables)	12 Months Ended
	Jun. 30, 2020
Basis of Preparation and Presentation [Abstract]
Schedule of reclassified previous years financial information	2019 Leasing (i) As previously stated Reclassifications Reclassified Leases payable (Note 14) - 47,446 47,446 Trade accounts payable and others 138,654 (26,249 ) 112,405 Financial lease 21,197 (21,197 ) - 2019 2018 Leasing (i) As previously stated Reclassifications Reclassified As previously stated Reclassifications Reclassified Changes in working capital Trade accounts payable 13,595 (3,590 ) 10,005 11,178 (9,470 ) 1,708 Leases payable - 3,590 3,590 - 9,470 9,470 2019 2018 Fair Value (ii) As previously stated Reclassifications Reclassified As previously stated Reclassifications Reclassified Adjustments to reconcile profit for the year Unrealized foreign exchange loss (gain), monetary variation and financial charges, net 12,950 2,466 15,416 12,191 3,863 16,054 Gain on remeasurement of receivable from sale of farms, net (11,523 ) (2,466 ) (13,989 ) (12,721 ) (3,863 ) (16,584 ) (i) In order to improve presentation of leases payable in the statement of financial position starting fiscal year ended June 30, 2020, all lease payables are presented in the line item Leases payable. For comparability purposes, leases payable that were presented in Trade accounts payable and others and in finance leases as of June 30, 2019, were also reclassified to the Leases payable line item. (Note 14); (ii) Additionally, the Company reclassified the cash flow effects to reconcile the profit for the year within the cash flows from operating activities related to the fair value on remeasurement of receivables from sales of farms for the years ended June 30, 2019 and June 30, 2018 to improve presentation in the statement of cash flows and to ensure comparability with the current year.
Schedule of consolidated financial statements	Ownership % 2020 2019 2018 Jaborandi Agrícola Ltda 99.99 99.99 99.99 Imobiliária Jaborandi 99.99 99.99 99.99 Cremaq 99.99 99.99 99.99 Engenho de Maracaju 99.99 99.99 99.99 Araucária 99.99 99.99 99.99 Mogno 99.99 99.99 99.99 Cajueiro 99.99 99.99 99.99 Ceibo 99.99 99.99 99.99 Flamboyant 99.99 99.99 99.99 Palmeiras 99.99 99.99 99.99 Moroti (b) 99.99 99.99 99.99 Agrifirma 99.99 - - Agrifirma Bahia (a) 99.99 - - I.A. Agro (a) 99.99 - - GL (a) 99.99 - - Delaware (a) 100.00 - - (a) Subsidiaries of Agrifirma – indirect control. (b) Subsidiary incorporated during the re-distribution of the assets and liabilities of the Cresca on February 9, 2018.
Schedule of depreciation rate	Annual depreciation rates % 2020 2019 2018 Buildings and improvements 2-25 2-25 2-20 Equipment and facilities 10 5-10 10 Vehicles and agricultural machinery 13-20 13-20 13-20 Furniture and fixtures 10 10 10 Opening of areas 5-20 5-20 10-20 Permanent cultures 16-27 16-27 16-27
Schedule of initial adoption of IFRS 16	As Reclassifications Reclassified Impacts - After Assets Right-of-use of assets (Note 13) - - - 92,794 92,794 Other assets 1,357,614 - 1,357,614 - 1,357,614 Total 1,357,614 - 1,357,614 92,794 1,450,408 Liabilities and shareholders' equity Leases payable (Note 14) - 47,446 47,446 92,794 140,240 Trade accounts payable and others 138,654 (26,249 ) 112,405 - 112,405 Finance leases 21,197 (21,197 ) - - - Related-party transactions 2,405 - 2,405 - 2,405 Other liabilities 314,825 - 314,825 - 314,825 Shareholders' Equity 880,533 - 880,533 - 880,533 Total 1,357,614 - 1,357,614 92,794 1,450,408
Schedule of reclassifications on the statement of financial position	6/30/2018 Category Financial Instruments Consolidated IAS 39 IFRS 9 Trade accounts receivable 57,185 Loans and receivables Amortized cost Transactions with Related Parties 1,660 Loans and receivables Amortized cost Trade accounts payable 48,518 Financial liabilities at amortized cost Amortized cost Loans and financing 255,805 Financial liabilities at amortized cost Amortized cost

Financial risk management (Tabl

Financial risk management (Tables)	12 Months Ended
	Jun. 30, 2020
Financial Risk Management [Abstract]
Schedule of assumptions and scenarios	2020 Devaluation in reais R$ Appreciation in Reais R$ Probable scenario Scenario I -25% Scenario II -50% Scenario III +25% Scenario IV+ 50% Soybean - R$ / bag – July 3, 2020 (CBOT) 106.76 80.07 53.38 133.45 160.14 Soybean - R$ / bag – November 13, 2020 (CBOT) 106.51 79.88 53.26 133.14 159.77 Soybean - R$ / bag – December 28, 2020 (CBOT) 106.67 80.00 53.34 133.34 160.01 Soybean - R$ / bag – February 19, 2021 (CBOT) 106.09 79.57 53.05 132.61 159.14 Soybean - R$ / bag – June 25, 2021 (CBOT) 106.67 80.00 53.34 133.34 160.01 Corn - R$ / bag – July 15, 2020 (CBOT) 48.10 36.08 24.05 60.13 72.15 Corn - R$ / bag – July 16, 2020 (CBOT) 46.26 34.70 23.13 57.83 69.39 Corn - R$ / bag – September 15, 2020 (CBOT) 46.26 34.70 23.13 57.83 69.39 Corn - R$ / bag – September 16, 2020 (CBOT) 46.26 34.70 23.13 57.83 69.39 Corn - R$ / bag – August 27, 2021 (CBOT) 47.44 35.58 23.72 59.30 71.16 Fed Cattle - R$ / arroba – October 30, 2020 (BM&F) 215.85 161.89 107.93 269.81 323.78 Cotton - R$ / arroba – November 13, 2020(CBOT) 110.25 82.69 55.13 137.81 165.38 Cotton - R$ / arroba – December 8, 2020(CBOT) 110.25 82.69 55.13 137.81 165.38 Cotton - R$ / arroba – November 12, 2021(CBOT) 109.16 81.87 54.58 136.45 163.74 USD – August 31, 2020 5.45 4.09 2.73 6.81 8.18 USD – November 30, 2020 5.46 4.10 2.73 6.83 8.19 USD – June 28, 2021 5.50 4.13 2.75 6.88 8.25 USD – June 29, 2021 5.50 4.13 2.75 6.88 8.25 USD – June 30, 2021 5.50 4.13 2.75 6.88 8.25 USD – July 15, 2021 5.51 4.13 2.76 6.89 8.27 USD – November 16, 2021 5.56 4.17 2.78 6.95 8.34 USD – November 17, 2021 5.56 4.17 2.78 6.95 8.34 Interest (rate%) – August 15, 2023 4.67 % 3.50 % 2.34 % 5.84 % 7.01 %
Schedule of a summary of possible scenarios of loans and receivables	Scenario I – Scenario I - Possible Scenario II - Remote Scenario I - Possible Scenario II - Remote (*) annual average rates At June 30, 2020 Probable Decrease -25% Decrease -50% Increase 25% Increase 50% Operation Risk Balance (R$) Notional Rate Balance (R$) Rate(*) Balance (R$) Rate Balance (R$) Rate Balance (R$) Rate Balance (R$) Rate Short-term investments CDI 141,095 - 2.15 % (310 ) 2.37 % (832 ) 1.78 % (1,679 ) 1.19 % 832 2.96 % 1,679 3.56 % Marketable securities CDI 5,044 - 2.15 % (11 ) 2.37 % (30 ) 1.78 % (60 ) 1.19 % 30 2.96 % 60 3.56 % Cash - USD USD 27,688 5,056 5.48 (126 ) 5.50 (6,954 ) 4.13 (13,907 ) 2.75 6,954 6.88 13,907 8.25 Total cash, cash equivalents 173,827 5,056 (447 ) (7,816 ) (15,646 ) 7,816 15,646 Financing in Paraguay - Palmeiras USD (8,590 ) (1,569 ) 5.48 (216 ) 5.50 11,814 4.13 23,628 2.75 (11,814 ) 6.88 (23,628 ) 8.25 Debentures CDI (148,432 ) - 2.15 % (327 ) 2.37 % 876 1.78 % 1,766 1.19 % (876 ) 2.96 % (1,766 ) 3.56 % Financing for agricultural costs CDI (40,568 ) - 2.15 % (89 ) 2.37 % 243 1.78 % 483 1.19 % (243 ) 2.96 % (483 ) 3.56 % Financing for working capital CDI (77,516 ) - 4.94 % - 4.94 % 961 3.71 % 1,915 2.47 % (961 ) 6.18 % (1,915 ) 7.41 % Total financing (b) (275,106 ) (1,569 ) (632 ) 13,894 27,792 (13,894 ) (27,792 ) Araucária III Soybean bags 3,336 39,254 88.20 - 88.20 (834 ) 66.15 (1,668 ) 44.10 834 110.25 1,668 132.30 Araucária IV Soybean bags 7,258 84,929 88.02 - 88.02 (1,815 ) 66.01 (3,629 ) 44.01 1,815 110.02 3,629 132.02 Araucária V Soybean bags 37,504 450,000 92.50 - 92.50 (9,376 ) 69.38 (18,752 ) 46.25 9,376 115.63 18,752 138.75 Jatobá I Soybean bags 2,569 30,000 87.40 - 87.40 (642 ) 65.55 (1,285 ) 43.70 642 109.25 1,285 131.10 Jatobá II Soybean bags 129,741 1,571,397 97.76 - 97.76 (32,435 ) 73.32 (64,871 ) 48.88 32,435 122.20 64,871 146.64 Jatobá III Soybean bags 47,384 563,844 97.81 - 97.81 (11,846 ) 73.36 (23,692 ) 48.91 11,846 122.27 23,692 146.72 Jatobá IV Soybean bags 15,481 184,000 93.10 - 93.10 (3,870 ) 69.83 (7,741 ) 46.55 3,870 116.38 7,741 139.66 Jatobá V Soybean bags 33,029 397,368 95.73 - 95.73 (8,257 ) 71.80 (16,515 ) 47.86 8,257 119.66 16,515 143.59 Alto Taquari I Soybean bags 3,545 45,312 86.24 - 86.24 (886 ) 64.68 (1,773 ) 43.12 886 107.80 1,773 129.36 Alto Taquari II Soybean bags 3,554 42,900 88.55 - 88.55 (889 ) 66.41 (1,777 ) 44.27 889 110.68 1,777 132.82 Alto Taquari III Soybean bags 7,946 93,478 88.55 - 88.55 (1,987 ) 66.41 (3,973 ) 44.27 1,987 110.68 3,973 132.82 Total receivables from farms 291,347 3,502,482 - (72,837 ) (145,676 ) 72,837 145,676 Operations with derivatives, net Grains (3,785 ) (1,815,489 ) (a) (3,984 ) (a) 29,285 (a) 62,554 (a) (37,252 ) (a) (70,521 ) (a) Operations with derivatives, net USD (12,007 ) (38,020 ) (a) (12,007 ) (a) 39,271 (a) 90,548 (a) (63,285 ) (a) (114,563 ) (a) Operations with derivatives, net Cattle - (54,450 ) (a) - (a) 3,711 (a) 8,065 (a) (4,999 ) (a) (9,354 ) (a) Operations with derivatives, net Cotton 651 (1,518 ) (a) 647 (a) 3,985 (a) 7,322 (a) (2,690 ) (a) (6,027 ) (a) Operations with derivatives, net Ethanol - (750 ) (a) - (a) 336 (a) 672 (a) (336 ) (a) (672 ) (a) Operations with derivatives, net Swap 1,257 11,847 (a) 1,554 (a) 1,733 (a) 1,919 (a) 1,378 (a) 1,207 (a) Margin - LFT Socopa SELIC 3,015 - 2.15 % (7 ) 2.37 % (18 ) 1.78 % (36 ) 1.19 % 18 2.96 % 36 3.56 % Total derivatives (a) (10,869 ) (13,797 ) 78,303 171,044 (107,166 ) (199,894 ) Cresca, net USD (1,724 ) (315 ) 5.48 (9 ) 5.50 433 4.13 866 2.75 (433 ) 6.88 (866 ) 8.25 Helmir, net USD 314 57 5.48 - 5.50 (78 ) 4.13 (157 ) 2.75 78 6.88 157 8.25 Total related parties (1,410 ) (258 ) (9 ) 355 709 (355 ) (709 ) Serra Grande Farm Soybean bags (14,263 ) 162,000 91.29 - 91.29 3,566 68.47 7,132 45.64 (3,566 ) 114.11 (7,132 ) 136.93 Total Acquisitions payable (14,263 ) 162,000 - 3,566 7,132 (3,566 ) (7,132 ) (*) SOURCE Risks: Bloomberg (a) For sensitivity analysis of derivative positions, forward rates and prices at each maturity date of the operation were used, according to the table above. (b) The sensitivity analyses do not consider financing transactions with fixed rate.
Schedule of financial liabilities by maturity	Note Less than From one From Above five Total At June 30, 2020 Trade payable 15.1 55,603 - - - 55,603 Derivative financial instruments 6 18,333 1,462 - - 19,795 Loans, financing and debentures 16 217,274 198,793 82,037 16,009 514,113 Leases payable 14 25,849 26,200 45,330 54,984 152,363 Transactions with related parties 29 2,849 - - - 2,849 Other liabilities 18 5,017 29,777 4,597 - 39,391 At June 30, 2019 Trade payable 15.1 37,710 - - - 37,710 Derivative financial instruments 6 11,055 - - - 11,055 Loans, financing and debentures 16 76,608 78,326 124,191 6,728 285,853 Leases payable 14 26,503 - - 20,943 47,446 Transactions with related parties 29 2,405 - - - 2,405
Schedule of net debt of loans, acquisitions payable and trade accounts payables	2020 2019 Loans, financing and debentures (Note 16) 514,113 285,853 Total acquisitions payable (Note 18) 39,391 - Total derivative financial instruments (Note 6) 10,869 4,136 564,373 289,989 Less: cash and cash equivalents (Note 5.1) (171,045 ) (106,627 ) Less: marketable securities (Notes 5.2) (5,044 ) (13,152 ) (176,089 ) (119,779 ) Net debt 388,284 170,210 Total equity 1,121,569 880,533 Financial leverage ratio 34.62 % 19.33 %
Schedule of main assets and liabilities that are measured at fair value, as well as the level of hierarchy	June 30, 2020 Consolidated - R$ thousand Note Book value Fair value Quoted prices in Significant Significant Financial assets measured at amortized cost Current Trade accounts receivable, net 7.1 72,014 72,014 - 72,014 - Transactions with related parties 29 701 701 - 701 - Non-current Transactions with related parties 29 1,511 1,511 - 1,511 - Financial assets measured at fair value through profit and loss Current Cash equivalents 5.1 141,095 141,095 141,095 - - Marketable securities 5.2 - - - - - Receivables from sales of farms, net (c) 7.1 73,678 73,678 - - 73,678 Derivative financial instruments (b) 6 7,180 7,180 6,121 1,059 - Noncurrent Marketable securities 5.2 5,044 5,044 5,044 - - Receivables from sales of farms, net (c) 7.1 240,074 240,074 - - 240,074 Derivative financial instruments (b) 6 1,746 1,746 305 1,441 - Non-financial assets measured at fair value Current Biological assets 9 115,553 115,553 - 9,037 106,516 Noncurrent Biological assets 9 25,444 25,444 - 25,444 - Non-financial assets measured at cost Noncurrent Investment properties 10 814,398 1,872,701 - - 1,872,701 Financial liabilities measured at amortized cost Current Trade payables 15.1 55,603 55,603 - 55,603 - Loans, financing and debentures (a) 16 217,274 217,274 - 217,274 - Transactions with related parties 29 2,849 2,849 - 2,849 - Noncurrent Loans, financing and debentures (a) 16 296,839 296,839 - 296,839 - Financial liabilities measured at fair value through profit and loss Current Leases payable 14 25,849 25,849 - 25,849 - Derivative financial instruments (b) 6 18,333 18,333 5,900 12,433 - Accounts payable for acquisition of Serra Grande Farm 18 5,017 5,017 - - 5,017 Noncurrent Leases payable 14 126,514 126,514 - 126,514 - Derivative financial instruments (b) 6 1,462 1,462 645 817 - Restricted shares 18 13,490 13,490 13,490 - - Agrifirma warrants 18 10,860 10,860 - 10,860 - Agrifirma warrant dividends 18 778 778 - - 778 Accounts payable for acquisition of Serra Grande Farm 18 9,246 9,246 - - 9,246 June 30, 2019 Consolidated - R$ thousand Note Book value Fair value Quoted prices in Significant Significant Financial assets measured at amortized cost Current Trade accounts receivable, net 7.1 71,295 71,295 - 71,295 - Transactions with related parties 29 1,987 1,987 - 1,987 - Financial assets measured at fair value through profit and loss Current Cash equivalents 5.1 81,013 81,013 81,013 - - Marketable securities 5.2 4,038 4,038 4,038 - - Receivables from sales of farms, net (c) 7.1 41,351 41,351 - - 41,351 Derivative financial instruments (b) 6 5,906 5,906 3,084 2,822 - Noncurrent Marketable securities 5.2 9,114 9,114 9,114 - - Receivables from sales of farms, net (c) 7.1 180,597 180,597 - - 180,597 Derivative financial instruments (b) 6 1,013 1,013 27 986 - Non-financial assets measured at fair value Current Biological assets 9 99,881 99,881 - 13,887 85,994 Noncurrent Biological assets 9 23,235 23,235 - 23,235 - Non-financial assets measured at cost Noncurrent Investment properties 10 526,956 1,471,248 - - 1,471,248 Financial liabilities measured at amortized cost Current Trade payables 15.1 37,710 37,710 - 37,710 - Loans, financing and debentures (a) 16 76,608 76,608 - 76,608 - Transactions with related parties 29 2,405 2,405 - 2,405 - Noncurrent Loans, financing and debentures (a) 16 209,245 209,245 - 209,245 - Financial liabilities measured at fair value through profit and loss Current Leases payable 14 26,503 26,503 - 26,503 - Derivative financial instruments (b) 6 11,055 11,055 9,127 1,928 - Noncurrent Leases payable 14 20,943 20,943 - 20,943 - (a) The book value of loans, financing and debentures presented in the financial statements approximates the fair value, since the rates of these instruments are substantially subsidized and there is no intention of early settlement; (b) The derivative transactions negotiated at active market are measured at fair value at Level 1, over-the-counter transactions are measured at Level 2, as presented in the table above (c) Due to market volatility, one of the non-observable inputs became significant and the receivables from sales of farms were reclassified from Level 2 to Level 3. The Company's policy is to recognize transfers from and to Level 3 on the date of the event or change in the circumstances that caused the transfer.
Schedule of fair value of the credits from the sale of the farm	Description Evaluation method Significant non-observable inputs Variation of non-observable inputs Sensitivity of inputs to fair value Receivables from sales of farms Discounted cash flow Premium (or Basis) (0.18) - 0.02 USD/bu The increase or decrease of 0.20 USD/bu in the premium (or basis) paid for the soybean would result in an impact of R$7,061. An increase or decrease of 2,4% in the receivables from the farm. Payables due to acquisition of Serra Grande Farm Discounted cash flow Premium (or Basis) (0.38) -0.02 USD/bu The increase or decrease of 0.20 USD/bu in the premium (or basis) paid for the soybean would result in an impact of R$380.185. An increase or decrease of 2.7% in payables for the farm.

Cash and cash equivalents and_2

Cash and cash equivalents and marketable securities (Tables)	12 Months Ended
	Jun. 30, 2020
Cash and Cash Equivalents and Marketable Securities [Abstract]
Schedule of cash and cash equivalents	CDI* 2020 2019 Cash and banks - 29,950 25,614 Repurchase agreements (a) 62 % 15,446 12,632 Bank deposit certificates 99.3% to 101 % 125,649 46,262 Brazilian treasury bonds 101 to 102 % - 22,119 171,045 106,627 * Interbank Deposit Certificates (a) The Company uses this type of investment for funds that will be redeemed in less than 30 days, according to the projected cash flow and also in case of need to invest funds that were received after banking hours.
Schedule of Marketable securities	CDI* 2020 2019 Bank deposit certificates (a) 98 % - 3,983 Treasury financial bills (c) - 55 Total current - 4,038 Banco do Nordeste (BNB) (a) / (b) 99 % 5,044 9,114 Total noncurrent 5,044 9,114 Marketable securities 5,044 13,152 (a) Indexed to rates from 98% to 99% of the CDI – Interbank Deposit Certificate. (b) The securities in BNB consist of CDBs provided as collateral for financing from the Bank and must be held up to the end of the contract. (c) Treasury bonds indexed to the Selic rate.

Derivative financial instrume_2

Derivative financial instruments (Tables)	12 Months Ended
	Jun. 30, 2020
Derivative Financial Instruments [Abstract]
Schedule of derivative financial instruments	2020 Volume / Position Risk Maturity Outstanding derivative instruments Counterparty Receivable Payable Total Notional ('000) Short (long) position Unit Currency US$ August-20 NDF Rabobank 141 - 141 (4,600 ) - US$ Currency US$ November-20 NDF Rabobank - (221 ) (221 ) (1,500 ) - US$ Currency US$ November -20 NDF Itaú BBA - (8,958 ) (8,958 ) (14,000 ) - US$ Currency US$ June-21 NDF Rabobank - (1,426 ) (1,426 ) (4,930 ) - US$ Currency US$ June -21 NDF Banco do Brasil - (1,828 ) (1,828 ) (6,500 ) - US$ Currency US$ June -21 NDF OLAM 733 - 733 (1,500 ) - US$ Currency US$ June -21 NDF Banco do Brasil 185 - 185 (1,300 ) - US$ Currency US$ July-21 NDF Banco do Brasil 106 (311 ) (205 ) (1,450 ) - US$ Currency US$ July -21 NDF Rabobank - (367 ) (367 ) (1,440 ) - US$ Currency US$ November -21 NDF Rabobank - (139 ) (139 ) (520 ) - US$ Currency US$ November -21 NDF Macquarie 78 - 78 (280 ) - US$ Current 1,059 (12,433 ) (11,374 ) (34,330 ) - US$ Non-current 184 (817 ) (633 ) (3,690 ) - US$ Total currency risk 1,243 (13,250 ) (12,007 ) (38,020 ) - US$ Soybean CBOT July -20 Soybean options Trading Companies/Banks/CBOT - (1 ) (1 ) - (83,344 ) bags Soybean CBOT February-21 Soybean options Trading Companies/ Banks /CBOT 252 (774 ) (522 ) - (199,571 ) bags Soybean CBOT June-21 Soybean options Trading Companies/ Banks /CBOT 1,718 (1,916 ) (198 ) - (301,625 ) bags Soybean CBOT November-20 Soybean futures Trading Companies/ Banks /CBOT - (16 ) (16 ) - (77,107 ) bags Soybean CBOT December-20 Accrual Trading Companies/ Banks /CBOT 47 (40 ) 7 - (83,911 ) bags Corn BM&F July -20 Corn options Itaú BBA - (55 ) (55 ) - (16,650 ) bags Corn BM&F September-20 Corn futures Macquarie - (529 ) (529 ) - (83,250 ) bags Corn BM&F September -20 Corn options BM&F - (1,431 ) (1,431 ) - (253,350 ) bags Corn BM&F September -20 Corn options Itaú BBA - (682 ) (682 ) - (166,500 ) bags Corn CBOT August-21 Corn options FC Stone 178 (130 ) 48 - (84,670 ) bags Corn CBOT September -20 Corn futures Trading Companies/ Banks /CBOT 51 (200 ) (149 ) - (211,500 ) bags Corn CBOT August-21 Corn futures Trading Companies/ Banks /CBOT - (257 ) (257 ) - (254,011 ) bags Fed Cattle BM&F October-20 Fed cattle futures BM&F - - - - (54,450 ) arroba Cotton November -20 Cotton options Trading Companies/ Banks /CBOT - (256 ) (256 ) - (625 ) ton. Cotton November -21 Cotton options Trading Companies/ Banks /CBOT 127 (258 ) (131 ) - - ton. Cotton December-20 Cotton futures Trading Companies/ Banks /CBOT 1,038 - 1,038 - (893 ) ton. Ethanol BM&F August-20 Ethanol futures BM&F - - - - (150 ) m³ Ethanol BM&F September -20 Ethanol futures BM&F - - - - (450 ) m³ Ethanol BM&F October-20 Ethanol futures BM&F - - - - (150 ) m³ Current (bags) 2,068 (5,644 ) (3,576 ) - (1,476,808 ) bags Current (arrobas) - - - - (54,450 ) arrobas Current (tons) 1,038 (256 ) 782 - (1,518 ) tons Current (cubic meters) - - - - (750 ) cubic meters Non-current (bags) 178 (387 ) (209 ) - (338,681 ) bags Non-current (tons) 127 (258 ) (131 ) - - tons Total risk with commodities 3,411 (6,545 ) (3,134 ) - (1,872,207 ) Interest R$ August-23 SWAP Pre-DI Bradesco 1,257 - 1,257 11,847 - BRL Non-current 1,257 - 1,257 11,847 - BRL Total risk with interest 1,257 - 1,257 11,847 - BRL Total risks 5,911 (19,795 ) (13,884 ) (26,173 ) (1,872,207 ) Margin deposit 3,015 - 3,015 Current 7,180 (18,333 ) Non-current 1,746 (1,462 ) Result on June 30, 2020 (Note 25) 206,199 (254,367 ) 2019 Volume / Position Risk Maturity Outstanding Counterparty Receivable Payable Total Notional ('000) Short (long) position Unit Currency US$ August-19 Options FC Stone 396 (182 ) 214 (4,000 ) - US$ Currency US$ August-19 Options Olam 42 - 42 (500 ) - US$ Currency US$ March-20 Options Itaú BBA 2,220 (1,536 ) 684 (14,000 ) - US$ Currency US$ July-19 NDF Santander 7 - 7 (450 ) - US$ Currency US$ July-19 NDF ABC 57 - 57 (370 ) - US$ Currency US$ July-19 NDF Rabobank - (79 ) (79 ) (5,659 ) - US$ Currency US$ July-19 NDF Itaú BBA 2 - 2 (250 ) - US$ Currency US$ July-19 NDF Olam - (131 ) (131 ) (4,160 ) - US$ Currency US$ November-19 NDF Itaú BBA 77 - 77 (10,000 ) - US$ Currency US$ November-19 NDF Banco Safra 21 - 21 (2,500 ) - US$ Current 2,822 (1,928 ) 894 (41,889 ) - US$ Total currency risk 2,822 (1,928 ) 894 (41,889 ) - US$ Soybean CBOT December-19 Soybean futures and accrual Trading Companies/Banks/CBOT 428 (1,482 ) (1,054 ) - (763,206 ) bags Soybean CBOT June-20 Soybean futures and accrual Trading Companies/Banks/CBOT - (1,165 ) (1,165 ) - (182,029 ) bags Soybean CBOT June-20 Soybean futures Trading Companies/Banks/CBOT 76 - 76 - (12,891 ) bags Soybean CBOT February-20 Soybean options fs Trading Companies/Banks/CBOT - (4,091 ) (4,091 ) - (861,786 ) bags - Corn CBOT August-19 Corn options RJO Brien - (428 ) (428 ) - (99,484 ) bags Corn BM&F September-19 Corn options Itaú BBA - (246 ) (246 ) - (83,250 ) bags Corn BM&F September-19 Corn options BM&F - (659 ) (659 ) - (249,750 ) bags Corn CBOT September-19 Corn futures Trading Companies/Banks/CBOT - (457 ) (457 ) - (84,667 ) bags Corn CBOT December-19 Corn futures and accrual Trading Companies/Banks/CBOT 40 (426 ) (386 ) - (217,361 ) bags Corn CBOT August-20 Corn futures and accrual Trading Companies/Banks/CBOT 27 - 27 - (33,970 ) bags Fed Cattle BM&F July-19 Fed cattle futures BM&F - - - (3,630 ) arroba Fed Cattle BM&F September-19 Fed cattle futures BM&F - - - - (3,300 ) arroba Fed Cattle BM&F October-19 Fed cattle options BM&F - (51 ) (51 ) - (9,900 ) arroba Fed Cattle BM&F November-19 Fed cattle options Itaú BBA - (38 ) (38 ) - (6,600 ) arroba Cotton July-19 Cotton options Trading Companies/Banks/CBOT - (84 ) (84 ) - (1,473 ) ton. Cotton November-19 Cotton futures and accrual Trading Companies/ Banks /CBOT 106 - 106 - (89 ) ton. Cotton December-19 Cotton futures Trading Companies/ Banks/CBOT 142 - 142 - (112 ) ton. Ethanol BM&F July-19 Ethanol futures BM&F - - - - (600 ) m³ Ethanol BM&F August-19 Ethanol futures BM&F - - - - (600 ) m³ Ethanol BM&F September-19 Ethanol futures BM&F - - - - (300 ) m³ Current (bags) 544 (8,954 ) (8,410 ) - (2,554,424 ) bags Current (arrobas) - (89 ) (89 ) - (23,430 ) arrobas Current (tons) 248 (84 ) 164 - (1,674 ) tons Current (cubic meters) - (1,500 ) cubic meters Noncurrent (bags) 27 - 27 - (33,970 ) bags Total risk with commodities 819 (9,127 ) (8,308 ) - (2,614,998 ) Interest R$ August-23 SWAP Pre-DI Bradesco 986 - 986 14,810 BRL Current - - - - - BRL Noncurrent 986 - 986 14,810 - BRL Total risk with interest 986 - 986 14,810 - BRL Total risks 4,627 (11,055 ) (6,428 ) (27,079 ) (2,614,998 ) Margin deposit 2,292 - 2,292 Current 5,906 (11,055 ) Noncurrent 1,013 - Result on June 30, 2019 (Note 23) 114,300 (98,617 )

Accounts receivable and others

Accounts receivable and others (Tables)	12 Months Ended
	Jun. 30, 2020
Accounts Receivable and Others [Abstract]
Schedule of accounts receivable and others	Note 2020 2019 Trade accounts receivable 7.1 145,692 112,646 Recoverable taxes 7.2 9,305 5,950 Advances to suppliers 20,609 5,790 Other receivables 7,744 934 Total current 183,350 125,320 Trade accounts receivable 7.1 240,407 180,597 Recoverable taxes 7.2 20,274 21,269 Judicial deposits 27 1,706 1,667 Total noncurrent 262,387 203,533
Schedule of trade accounts receivable	2020 2019 Sale of sugarcane 30,031 27,623 Sale of grains 36,777 36,546 Sale of beef cattle 636 1,210 Leases of land 4,868 6,954 Sale of machinery 918 121 Sale of farms 73,678 41,351 146,908 113,805 Allowance for expected credit losses (1,216 ) (1,159 ) Total current 145,692 112,646 Sale of machinery 333 - Sale of farms 240,074 180,597 Total noncurrent 240,407 180,597 At June 30, 2018 866 Accrual of provision 397 Write-off or reversal (104 ) At June 30, 2019 1,159 Set-up of provision 213 Accrual of provision 3,782 Write-off or reversal (3,938 ) At June 30, 2020 1,216 2020 2019 Falling due: Up to 30 days 57,188 49,885 31 to 90 days 44,424 24,456 91 to 180 days 8,748 12,000 181 to 360 days 34,954 20,555 Over 360 days 240,407 180,597 Past due: Up to 30 days 378 5,642 31 to 90 days - 108 181 to 360 days - 308 Over 360 days 1,216 851 387,315 294,402
Schedule of total amounts sold, collected and receivables from sale of farms	Araucária III Araucária IV Araucária V Jatobá I Jatobá II Jatobá III Jatobá IV Jatobá V Alto Taquari I Alto Taquari II Alto Taquari III Bananal IX Total At June 30, 2018 8,527 9,017 50,594 8,657 - - - - - - - - 76,795 Sales - - - - 123,335 47,016 - - 6,871 - - - 177,222 Receipts (2,980 ) (1,525 ) (10,115 ) (2,513 ) (21,000 ) (5,000 ) - - (2,927 ) - - - (46,060 ) Fair value adjustment (325 ) (254 ) (2,396 ) 38 16,488 115 - - 325 - - - 13,991 At June 30, 2019 5,222 7,238 38,083 6,182 118,823 42,131 - - 4,269 - - - 221,948 Sales (a) - - - - - - 18,974 37,919 - 3,576 11,037 - 71,506 Receipts (4,547 ) - (8,980 ) (4,680 ) (18,359 ) (5,008 ) (6,731 ) (5,000 ) (1,659 ) (2,046 ) (1,761 ) - (58,771 ) Acquisition of Agrifirma - - - - - - - - - - - 21,272 21,272 Fair value adjustment 2,661 20 8,401 1,067 29,277 10,261 3,238 110 935 2,024 (1,330 ) 1,133 57,797 At June 30, 2020 3,336 7,258 37,504 2,569 129,741 47,384 15,481 33,029 3,545 3,554 7,946 22,405 313,752 Current 3,131 4,728 10,596 2,569 22,690 8,140 3,325 8,541 930 1,200 614 7,214 73,678 Noncurrent 205 2,530 26,908 - 107,051 39,244 12,156 24,488 2,615 2,354 7,332 15,191 240,074 (a) Information on sales and the amounts received in the fiscal year ended June 30, 2020 is presented in Notes 1.2 and 21.b.
Schedule of breakdown of credits with the variable consideration	Jatobá II Jatobá III Jatobá IV Jatobá V Alto Taquari I 2020 June 30, 2020 129,741 47,384 15,481 33,029 3,545 229,180 Variable consideration (2.3%) 3,054 1,115 364 778 83 5,394 132,795 48,499 15,845 33,807 3,628 234,574
Schedule of recoverable taxes	2020 2019 Withholding income tax (IRRF) on financial investments to be offset 3,508 3,276 Income tax losses and social contribution carryforwards 3,155 - Other recoverable taxes and contributions 977 601 Tax on value added - IVA – (Paraguay) 1,665 2,073 Total current 9,305 5,950 ICMS recoverable 9,786 9,792 ICMS recoverable on property, plant and equipment 83 194 Non-cumulative PIS and COFINS to be offset 1,486 4,804 IRRF on financial investments to be offset 454 2,409 Tax on value added - IVA – (Paraguay) 8,465 4,070 Total noncurrent 20,274 21,269

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Jun. 30, 2020
Inventories [Abstract]
Schedule of inventories	2020 2019 Soybean 68,975 54,581 Corn 37,223 11,116 Bean 3,279 - Cotton 3,500 4,349 Other harvests 340 255 Agricultural products 113,317 70,301 Raw materials 25,461 26,767 138,778 97,068
Schedule of adjustment to recoverable value of inventories of agricultural products	At June 30, 2018 (4 ) Adjustment to recoverable value of agricultural products, net (2,040 ) Realization as cost of sales 1,773 At June 30, 2019 (271 ) Adjustment to recoverable value of agricultural products, net (4,153 ) Realization as cost of sales 1,763 At June 30, 2020 (2,661 )

Biological assets (Tables)

Biological assets (Tables)	12 Months Ended
	Jun. 30, 2020
Biological Assets [Abstract]
Schedule of biological assets	2020 2019 Food cattle 9,037 13,887 Production cattle 25,444 23,235 Grain plantation 20,749 12,860 Cotton plantation 13,724 8,606 Sugarcane plantation 72,043 64,528 Total 140,997 123,116 Current 115,553 99,881 Noncurrent 25,444 23,235
Schedule of area (hectares) to be harvested	Planted area (Hectares) 2020 2019 Grains 9,836 8,766 Cotton 1,404 976 Sugarcane (i) 26,959 27,843 38,199 37,585 (i) For sugarcane the area considered above refers to the total to be harvested in all the future cuts, considered in the cash flow for calculation of fair value of biological assets. This area includes the hectares leased from Brenco and Partnership IV, according to contracts executed on May 8, 2015 and February 7, 2017, respectively.
Schedule of changes in agricultural activity	Grains Cotton Sugarcane At June 30, 2018 2,203 - 59,790 Expenditures with plantation 173,367 13,323 - Expenditures with tilling - - 123,230 Fair value variation 18,062 2,619 34,511 Harvest of agricultural produce (181,411 ) (7,336 ) (153,003 ) Effect of conversion 639 - - At June 30, 2019 12,860 8,606 64,528 Expenditures with plantation 208,934 13,702 - Biological assets due to the acquisition of Agrifirma (Note 1.1) 4,883 - - Expenditures with tilling - - 144,177 Fair value variation 84,435 1,373 75,861 Harvest of agricultural produce (291,798 ) (9,957 ) (212,523 ) Effect of conversion 1,435 - - At June 30, 2020 20,749 13,724 72,043
Schedule of changes in cattle raising activity	Heads Cattle for At June 30, 2018 20,993 34,053 Acquisition/birth costs 8,981 7,917 Handling costs - 11,955 Sales (8,750 ) (17,668 ) Deaths (357 ) (581 ) Consumption (2 ) (5 ) Effect of conversion - (75 ) Change in fair value - 1,526 At June 30, 2019 20,865 37,122 Acquisition/birth costs 9,767 9,964 Handling costs - 18,158 Sales (15,159 ) (33,230 ) Deaths (409 ) (685 ) Effect of conversion - 4,450 Change in fair value - (1,298 ) At June 30, 2020 15,064 34,481
Schedule of quantitative data about cattle raising activity	Consumable Production At June 30, 2019 4,896 15,969 At June 30, 2020 2,624 12,440
Schedule of fair value hierarchy	Amount Fair value Sugarcane 72,043 Level 3 Cattle 34,481 Level 2 Grains 20,749 Level 3 Cotton 13,724 Level 3
Schedule of fair value hierarchy, along with an analysis of quantitative sensitivity	Description Evaluation Significant Variation of non- Increase in inputs Sensitivity of inputs to fair value Sugarcane Discounted cash flow - Yield Yield: 45,0 to 118,5 tons per hectare. An increase in yield generates a positive result in the fair value of biological assets. A decrease in yield generates a negative result in the fair value of biological assets. - TRS (Kg of sugar per ton of sugarcane) Total recoverable sugar: (TRS) 137 to 143 per ton of cane An increase in TRS generates a positive result in the fair value of biological assets. A decrease in TRS generates a negative result in the fair value of biological assets. Corn Discounted cash flow - Yield Yield: 60 to 115 tons per hectare. An increase in yield generates a positive result in the fair value of biological assets. A decrease in yield generates a negative result in the fair value of biological assets. Cotton Discounted cash flow - Yield Yield: 4,2 tons per hectare. An increase in yield generates a positive result in the fair value of biological assets. A decrease in yield generates a negative result in the fair value of biological assets.
Schedule of fair value in the statement of income	2020 2019 2018 Grains 84,435 18,062 54,892 Cotton 1,373 2,619 - Sugarcane 75,861 34,511 43,952 Cattle (1,298 ) 1,526 239 160,371 56,718 99,083

Investment properties (Tables)

Investment properties (Tables)	12 Months Ended
	Jun. 30, 2020
Investment Properties [Abstract]
Schedule of investment properties	Land – Farms Buildings and improvements Opening of area Total in operation Construction in progress 2019 Opening balance 425,079 32,252 49,474 506,805 50,347 557,152 Acquisitions 718 92 408 1,218 26,993 28,211 Disposals (14,416 ) (2,098 ) (10,662 ) (27,176 ) (765 ) (27,941 ) Transfers - 10,641 45,726 56,367 (56,297 ) 70 (-) Depreciation / amortization - (1,268 ) (6,373 ) (7,641 ) - (7,641 ) Effect of conversion (820 ) 39 259 (522 ) (612 ) (1,134 ) Net book balance 410,561 39,658 78,832 529,051 19,666 548,717 At June 30, 2019 Total cost 410,561 48,599 181,128 640,288 19,666 659,954 Accumulated depreciation - (8,941 ) (102,296 ) (111,237 ) - (111,237 ) Net book balance 410,561 39,658 78,832 529,051 19,666 548,717 Annual depreciation rates (weighted average) - % 4-20 10-20 Land – Farms Buildings and improvements Opening of area Total in operation Construction in progress 2020 Opening balance 410,561 39,658 78,832 529,051 19,666 548,717 Acquisitions 24,861 197 445 25,503 16,029 41,532 Acquisitions – business combinations 197,710 7,906 - 205,616 - 205,616 Disposals (4,199 ) (301 ) (1,559 ) (6,059 ) - (6,059 ) Transfers - 6,469 12,528 18,997 (18,997 ) - (-) Depreciation / amortization - (1,830 ) (8,257 ) (10,087 ) - (10,087 ) Effect of conversion 57,118 4,896 22,544 84,558 (6,016 ) 78,542 Net book balance 686,051 56,995 104,533 847,579 10,682 858,261 At June 30, 2020 Total cost 686,051 69,276 177,255 932,582 10,682 943,264 Accumulated depreciation - (12,281 ) (72,722 ) (85,003 ) - (85,003 ) Net book balance 686,051 56,995 104,533 847,579 10,682 858,261 Annual depreciation rates (weighted average) - % 4-20 05-20
Schedule of fair values of the investment properties	Hectares Fair value* Cost value** Farm State 2020 2019 Real estate Acquisition 2020 2019 2020 2019 Jatobá Bahia 14,930 18,073 Jaborandi Ltda Mar-07 242,504 231,646 28,352 33,930 Alto Taquari Mato Grosso 5,103 5,291 Mogno Ltda Aug-07 194,504 174,580 33,259 35,247 Araucária Goiás 5,534 5,534 Araucária Ltda Apr-07 190,276 163,008 45,488 44,672 Chaparral Bahia 37,182 37,182 Cajueiro Ltda Nov-07 417,660 373,014 89,558 87,909 Nova Buriti Minas Gerais 24,212 24,212 Flamboyant Ltda Dec-07 35,313 35,822 23,454 23,466 Preferência Bahia 17,799 17,799 Cajueiro Ltda Sep-08 68,160 65,172 27,067 27,385 São José Maranhão 17,566 17,566 Ceibo Ltda Feb-17 247,572 211,988 110,443 110,157 Moroti Boqueron Paraguay 59,585 59,490 Agropecuaria Moroti S/A Feb-18 235,270 216,018 232,976 164,190 Arrojadinho Farm Bahia 16,642 - Agrifirma Agro Ltda. Jan-20 88,482 - 84,825 - Rio do Meio Farm Bahia 12,288 - Agrifirma Agro Ltda. Jan-20 122,687 - 120,791 - Serra Grande Farm Piaui 4,489 - Imobiliaria Cremaq May-20 30,273 - 26,091 - 215,330 185,147 1,872,701 1,471,248 822,304 526,956 (*) The fair value of the investment property on June 30, 2020 was R$1,872,701 (R$1,471,248 June 30, 2019). The fair value was determined based on a comparative market approach and was prepared by the Company's specialists. The comparable sales value of investment properties is adjusted considering the specific aspects of each property, where the price per hectare is the most relevant assumption. The fair value presented is considered as level 3 in the fair value hierarchy and there were no reclassifications among levels in the year. (**) At June 30, 2020 the cost value of R$822,304 (R$526,956 at June 30, 2019) is not comparable to that disclosed in the "Investment properties" note, since the note contemplates investments made in certain partnerships (leased farms), which are not an integral part of the Company's portfolio of owned farms.

Investments (Tables)

Investments (Tables)	12 Months Ended
	Jun. 30, 2020
Investments [Abstract]
Schedule of changes in investments	Equity pickup Effect from conversion 2020 Cresca 1,256 - (150 ) 509 1,615 Agrofy - 4,127 - - 4,127 1,256 4,127 (150 ) 509 5,742 2018 Capital increase (reduction) Equity pickup Effect from conversion 2019 Cresca 86 49 1,102 19 1,256 86 49 1,102 19 1,256
Schedule of reconciliation with the book value of the investment	2020 2019 Assets 3,489 2,876 Current 3,447 2,865 Cash and cash equivalents 175 349 Accounts receivable, inventories and other receivables 3,272 2,516 Noncurrent 42 11 Other noncurrent 42 11 Liabilities 260 365 Current 260 365 Trade payables, taxes and loans 260 365 Total net assets 3,229 2,511 Company's interest – 50% 50 % 50 % Company's interest in net assets at estimated fair value 1,615 1,256 2020 2019 Revenue - 3 Cost of products sold - (6 ) Gross revenue (expenses) - (3 ) Selling expenses - (43 ) Administrative expenses (28 ) (235 ) Other profit/expenses - (72 ) Finance costs (272 ) (101 ) Loss before tax (300 ) (454 ) Income and social contribution taxes - 2,658 Loss for the year (300 ) 2,204 Company's interest – 50% (150 ) 1,102 Equity method (150 ) 1,102

Property, plant and equipment (

Property, plant and equipment (Tables)	12 Months Ended
	Jun. 30, 2020
Property, plant and equipment [abstract]
Schedule of property, plant and equipment	Buildings and improvements Equipment and facilities Agricultural vehicles and machinery Furniture and fixtures Total in operation Construction in progress Sugarcane Total property, plant and equipment At July 1, 2017 Opening balance 192 2,211 7,736 505 10,644 59 44,042 54,745 Acquisitions 10 5,458 4,634 318 10,420 52 32,385 42,857 Disposals - 215 74 55 344 - - 344 Transfers - (55 ) (235 ) (6 ) (296 ) - (137 ) (433 ) Depreciation (5 ) (856 ) (1,214 ) (110 ) (2,185 ) - (10,498 ) (12,683 ) Accounting balance, net 197 6,973 10,995 762 18,927 111 65,792 84,830 At July 1, 2018 Total cost 931 11,091 25,225 1,621 38,868 111 97,907 136,886 Accumulated depreciation (734 ) (4,118 ) (14,230 ) (859 ) (19,941 ) - (32,115 ) (52,056 ) Accounting balance, net 197 6,973 10,995 762 18,927 111 65,792 84,830 At June 30, 2019 Opening balance 197 6,973 10,995 762 18,927 111 65,792 84,830 Acquisitions 2 7,835 1,850 453 10,140 289 32,609 43,038 Disposals - (94 ) (322 ) (17 ) (433 ) - - (433 ) Transfers - 330 - - 330 (400 ) - (70 ) Depreciation (88 ) (1,270 ) (1,480 ) (154 ) (2,992 ) - (16,500 ) (19,492 ) Translation gains/losses - - (21 ) - (21 ) - - (21 ) Accounting balance, net 111 13,774 11,022 1,044 25,951 - 81,901 107,852 At June 30, 2019 Total cost 933 19,162 26,732 2,057 48,884 - 130,516 179,400 Accumulated depreciation (822 ) (5,388 ) (15,710 ) (1,013 ) (22,933 ) - (48,615 ) (71,548 ) Accounting balance, net 111 13,774 11,022 1,044 25,951 - 81,901 107,852 Annual depreciation rates (weighted average) - % 2-20 10 13-20 10 16-27

Right-of-use of assets (Tables)

Right-of-use of assets (Tables)	12 Months Ended
	Jun. 30, 2020
Right-of-use Of Assets
Schedule of Right-of-use asset	Land – Farms Buildings and improvements Vehicles and Agricultural Machinery Total Right-of-use of assets At June 30, 2020 First-time adoption 87,209 538 5,047 92,794 New contracts 28,365 - 601 28,966 Adjustments 6,873 331 (2,511 ) 4,693 (-) Depreciation / Amortization (23,335 ) (580 ) (1,723 ) (25,638 ) Excgange rate variation 251 3 24 278 Ending balance, net 99,363 292 1,438 101,093 At June 30, 2020 Total cost 122,698 872 3,161 126,731 Cumulative depreciation (23,335 ) (580 ) (1,723 ) (25,638 ) Ending balance, net 99,363 292 1,438 101,093 Annual depreciation rates (weighted average) - % 10-25 50 50

Leases payable (Tables)

Leases payable (Tables)	12 Months Ended
	Jun. 30, 2020
Leases Payable Tables Abstract
Schedule of financial lease assets	Nature 2020 2019 Current Financial lease sugarcane fields Parceria III 287 254 Operating leases - 26,249 Operating leases - IFRS 16 25,562 - 25,849 26,503 Non-current Financial lease sugarcane fields Parceria IV 34,011 20,943 Operating leases - IFRS 16 - 92,503 - 126,514 20,943 152,363 47,446
Schedule of changes in financial leases	2019 (a) First-time adoption - IFRS 16 Exchange rate variation Unwind of present value adjustment Payments New contracts 2020 Financial lease sugarcane fields - Parceria III 254 - - 33 - - 287 Financial lease sugarcane fields - Parceria IV 20,943 - - 13,068 - - 34,011 Operating leases 7,156 - - - (13,006 ) 5,850 - Operating leases - IFRS 16 19,093 92,794 307 13,912 (37,007 ) 28,966 118,065 47,446 92,794 307 27,013 (50,013 ) 34,816 152,363 (a) As reclassified according to note 2.1
Schedule of subsidiaries held for lease agreements	Description Location Currency 2020 Parceria II Ribeiro Gonçalves - PI R$ 14,390 Parceria III Alto Taquari - MT R$ 35,167 Parceria III – Sugarcane plantation lease Alto Taquari R$ 287 Parceria IV - Sugarcane plantation lease São Raimundo de Mangabeira R$ 34,011 Parceria V São Félix do Xingu - MT R$ 36,492 Araucária Mineiros - GO R$ 2,271 Parceria VII Baixa Grande do Ribeiro - PI R$ 26,697 Headquarters São Paulo - SP R$ 181 Vehicle lease N.A. R$ 549 Services with identified assets N.A. R$ 1,840 Lease of vehicles and office in Paraguay Assunção - Paraguai R$ 478 R$ 152,363
Schedule of future minimum lease payments	1 year 25,849 2 years 26,200 3 years 17,674 4 years 16,381 5 years 11,275 Above 5 years 54,984 152,363

Trade accounts payable and ot_2

Trade accounts payable and others (Tables)	12 Months Ended
	Jun. 30, 2020
Trade Accounts Payable and Others [Abstract]
Schedule of trade accounts payable and others	Note 2020 2019 Trade accounts payable 15.1 55,603 37,710 Taxes payable 12,396 7,443 Dividends payable 28,394 42,060 Advances to customers 10,249 5,707 Other liabilities 4,528 34 Total current 111,170 92,954 Taxes payable 25,770 19,451 2,232 - Total noncurrent 28,002 19,451
Schedule of balance of trade accounts payable	2020 2019 Raw materials and services 55,603 37,710 55,603 37,710

Loans, financing and debentur_2

Loans, financing and debentures (Tables)	12 Months Ended
	Jun. 30, 2020
Loans Financing and Debentures [Abstract]
Schedule of loans and financing	Annual interest rates and charges - % Index 2020 2019 2020 2019 Financing for agricultural costs Fixed rate + CDI 1.80% + 100% - 40,568 - Fixed rate - 7.00 % - 6,293 Fixed rate 3.90% - 9,072 - Fixed rate 6.30% - 108,057 - Fixed rate 6.34% - 3,251 - Fixed rate - 6.14 % - 32,295 Fixed rate 7.64% - 9,076 - 170,024 38,588 Financing for agricultural costs (USD) Fixed rate 7.00% - 2,787 - Fixed rate 8.50% - 5,573 - 8,360 - Financing for agricultural costs (PYG) Fixed rate 8.00% - 7,940 - Fixed rate 8.25% 8.25 % 19,749 18,364 27,689 18,364 Bahia Project Financing Fixed rate 3.50% 3.50 % 10,023 9,612 Fixed rate - 4.00 % - 2,668 Fixed rate 6.50% 6.50 % 66 198 Fixed rate 7.50% 7.50 % 165 497 Fixed rate - 9.00 % - 15,559 10,254 28,534 Financing of working capital Fixed rate + CDI 2% + 100% - 77,516 - 77,516 - Financing of Machinery and Equipment – FINAME Fixed rate 7.22% 7.22 % 230 321 Fixed rate + TJLP - 3.73 % - 1,285 Fixed rate - 8.50 % - 2,204 Fixed rate - 10.50 % - 1,732 230 5,542 Financing of sugarcane Fixed rate 6.76% 6.76 % 2,447 2,863 Fixed rate 6.14% - 40,857 27,580 Fixed rate 6.34% - 29,986 - Fixed rate + TJLP - 3.80 % - 10,948 Fixed rate - 10.00 % - 2,091 73,290 43,482 Debentures CDI 106.50% 106.50 % 88,884 91,518 CDI 110.00% 110.00 % 59,548 61,371 148,432 152,889 (-) Transaction costs (1,682 ) (1,546 ) 514,113 285,853 Current 217,274 76,608 Non-current 296,839 209,245
Schedule of breakdown of debt by index	2020 2019 Fixed rate 247,597 120,731 CDI 266,516 152,889 TJLP - 12,233 514,113 285,853
Schedule of maturities of short and long term loans	2020 2019 1 year 217,274 76,608 2 years 198,793 78,326 3 years 51,670 51,283 4 years 22,098 50,909 5 years 8,269 21,999 Above 5 years 16,009 6,728 514,113 285,853
Schedule of changes in loans and financing	2018 Acquisition Contracting Payment of principal Payment Interest Appropriation of interest Foreign exchange variation 2019 Agricultural Cost Financing (Reais) 31,847 - 37,523 (32,148 ) - 1,366 - 38,588 Agricultural Cost Financing (PYG) 11,486 - 22,838 (15,046 ) (1,297 ) 1,365 (982 ) 18,364 Bahia Project Financing (*) 30,277 - - (3,018 ) (318 ) 1,593 - 28,534 Financing of Machinery and Equipment – FINAME 6,041 - - (479 ) (560 ) 538 2 5,542 Sugarcane Financing 34,512 - 30,233 (22,487 ) (1,862 ) 3,086 - 43,482 Debentures 143,108 - - - - 9,781 - 152,889 Transaction costs (1,467 ) - - - - (79 ) (1,546 ) 255,804 - 90,594 (73,178 ) (4,037 ) 17,650 (980 ) 285,853 2019 Acquisition Agrifirma Contracting Payment of principal Payment Interest Appropriation of interest Foreign exchange variation 2020 Agricultural Cost Financing (Reais) 38,588 - 166,346 (38,185 ) (1,848 ) 5,123 - 170,024 Agricultural Cost Financing (PYG) 18,364 - 14,181 (4,017 ) (1,020 ) 2,007 6,534 36,049 Bahia Project Financing (*) 28,534 - - (16,953 ) (2,864 ) 1,537 - 10,254 Working Capital Financing - 123,862 77,000 (63,777 ) (65,980 ) 3,369 3,042 77,516 Financing of Machinery and Equipment – FINAME 5,542 - - (5,346 ) (481 ) 433 82 230 Sugarcane Financing 43,482 - 43,482 (15,689 ) (2,194 ) 4,208 1 73,290 Debentures 152,889 - - - (11,626 ) 7,169 - 148,432 Transaction costs (1,546 ) - - - - (136 ) - (1,682 ) 285,853 123,862 301,009 (143,967 ) (86,013 ) 23,710 9,659 514,113 (*) Financing to raise funds for opening of areas and improvements in Jatobá and Chaparral farms.

Income and social contributio_2

Income and social contribution taxes (Tables)	12 Months Ended
	Jun. 30, 2020
Income and Social Contribution Taxes [Abstract]
Schedule of changes in deferred income tax and social contribution tax assets and liabilities	2020 2019 Assets Noncurrent Tax loss carryforwards (NOL) 63,066 54,555 Biological assets 1,389 6,275 Financial lease 13,886 3,443 Contingency, bonuses and fair value 4,794 9,374 Derivative financial instruments 4,720 2,185 Allowance for expected credit losses 890 488 Difference in cost of farms 170 170 Provision of other accounts payable and receivable 2,550 2,468 Subscription warrant 358 - 91,823 78,958 Liabilities Noncurrent Biological assets 27,735 11,546 Finance lease - 58 Surplus on investment 1,733 1,733 Costs of transactions 570 526 Provision of residual value and useful life of PPE assets 981 1,880 Accelerated depreciation of assets for rural activity 44,606 42,705 Deferred taxes on surplus value of PPE and investment property – Acquisition of Agrifirma 26,947 - 102,572 58,448 Deferred assets, net 23,282 20,510 Deferred liabilities, net (34,031 ) - Net balance (10,749 ) 20,510
Schedule of net change in deferred income tax	At June 30, 2018 32,742 Tax losses 11,113 Adjustments in biological assets and agricultural products 2,173 Financial lease 1,830 Provisions for contingency and fair value 1,823 Derivative financial instruments 1,821 Costs of transactions (27 ) Allowance for doubtful accounts (180 ) Provision for other accounts payable and receivable 674 Accelerated depreciation of assets for rural activity (31,459 ) At June 30, 2019 20,510 Tax losses 8,511 Adjustments in biological assets and agricultural products (21,075 ) Financial lease 10,501 Provisions for contingency and fair value (4,580 ) Derivative financial instruments 2,535 Costs of transactions (44 ) Allowance for doubtful accounts 402 Provision for other accounts payable and receivable 82 Accelerated depreciation of assets for rural activity (1,002 ) Subscription warrant 358 Deferred taxes on surplus value of PPE and investment property – Acquisition of Agrifirma (Note 1.1) (27,731 ) Realization of deferred taxes on surplus value of PPE and investment property – Acquisition of Agrifirma 784 At June 30, 2020 (10,749 )
Schedule of estimated years of realization of deferred tax assets	2020 2021 44,890 2022 9,333 2023 4,188 2024 4,255 2025 to 2030 29,157 91,823
Schedule of income and social contribution tax expenses	2020 2019 2018 Income before income and social contribution taxes 133,529 199,798 152,257 Combined nominal rate of income tax and social contribution taxes – % 34 % 34 % 34 % (45,400 ) (67,931 ) (51,767 ) Share of loss in a Joint Venture (51 ) 375 4,988 Management bonus (2,411 ) (2,827 ) (2,331 ) Share-based incentive plan - ILPA 126 (232 ) (208 ) Nondeductible expenses - (126 ) (135 ) Profit or loss of joint venture abroad (1,070 ) (2,618 ) - Net effect of subsidiaries taxed whose profit is computed as a percentage of gross revenue (*) 35,999 51,126 19,121 Net effect of re-distribution of the assets and liabilitiesof joint venture abroad (Note 1.6) - - 4,778 Other permanent addition (1,168 ) (486 ) (365 ) Income and social contribution taxes for the year (13,975 ) (22,719 ) (25,919 ) Current (10,447 ) (10,487 ) (4,875 ) Deferred (3,528 ) (12,232 ) (21,044 ) (13,975 ) (22,719 ) (25,919 ) Effective tax rate -10 % -11 % -17 % (*) For some of our real estate subsidiaries, profit tax is measured based on the regime whereby profit is computed as a percentage of gross revenue, i.e., income tax is determined on a simplified base to calculate the taxable profit (32% for lease revenues, 8% for sale of farms and 100% for other earnings). This results effectively in taxing the profit of subsidiaries at a rate lower than if taxable income were based on accounting records.

Other Liabilities (Tables)

Other Liabilities (Tables)	12 Months Ended
	Jun. 30, 2020
Other Operating Income (Expenses), Net [Abstarct]
Schedule of other liabilities	2020 2019 2018 Loss on sale of PPE (151 ) (64 ) (380 ) Provision for legal claims (601 ) 383 387 Surplus gain from re-distribution of the assets and liabilities (a) - - 5,098 Write-off of effect of conversion of joint venture due to re-distribution of the assets and liabilities (a) - - 30,616 Agricultural insurance claims 6,315 - - Expenses with acquisition of Agrifirma (2,530 ) - - Warrants and restricted shares (b) (1,053 ) - - Other (c) (749 ) (1,383 ) (289 ) 1,231 (1,064 ) 35,432 (a) On February 9, 2018, the Company concluded the re-distribution of the assets and liabilities of Cresca, with the portion of assets and liabilities transferred to the wholly-owned subsidiary Agropecuária Moroti S.A. Since the investment was recorded as R$115,478 and the fair value assessed was R$120,576, the Company recorded a gain of R$5,098 in statement of income. Furthermore, R$30,616 held in other comprehensive income that included the effects on the conversion of investment abroad was written off from the statement of income for the year. (b) In the acquisition of Agrifirma, BrasilAgro issued warrants as part of the consideration paid, which correspond to rights that entitle the selling shareholders to acquire 601,302 shares for R$0.01. The obligation was recognized as financial liabilities and continues to be measured at fair value due to compliance with certain conditions that could change the number of shares to be transferred (Note 1.1). (c) In 2019, the Company made donations to institutions in the amount of R$545.
Schedule of maturities of accounts payable due to acquisition	2020 1 year 5,017 2 years 4,649 3 years 4,597 14,263

Equity (Tables)

Equity (Tables)	12 Months Ended
	Jun. 30, 2020
Equity
Schedule of capital (number of shares)	Shareholder 2020 2019 Cresud S.A.C.I.F.Y.A. 19,910,800 23,291,500 Board of Directors 192,800 8,462,700 Executive Board 263,453 131,267 Officers 456,253 8,593,967 Treasury 2,761,820 3,086,748 Other 38,975,428 21,916,701 Total shares of paid-up capital 62,104,301 56,888,916 Total free float shares 38,975,428 21,916,701 Free float shares as percentage of total shares (%) 63 39
Schedule of capital increase and equity increase	Number of Amount Unrestricted shares 4,402,404 97,569 Restricted shares(*) 812,981 18,018 Shares issued in the initial exchange ratio / Capital increase 5,215,385 115,587 Unrestricted shares (final exchange ratio) 4,044,654 82,021 Additional paid in capital (33,566 ) (*) Shares with restrictions on sale do not meet the definition of equity instruments and are registered as financial liabilities.
Schedule of dividends	2020 2019 Profit for the year 119,554 177,079 (-) Constitution of legal reserve (5% of net profit) (5,978 ) (8,854 ) Adjusted profit for the year 113,576 168,225 (-) Mandatory minimum dividends - 25% of adjusted net profit (28,394 ) (42,056 ) (-) Additional dividends proposed (13,606 ) (7,944 ) Proposed dividends (42,000 ) (50,000 ) Constitution of reserve for investments and expansion 71,576 118,225 Total shares of paid up capital (per thousand shares) 62,104 56,889 (-) Treasury shares (per thousand shares) (2,762 ) (3,087 ) (=) Outstanding shares (per thousand shares) 59,342 53,802 Dividend per share (R$) 0.71 0.93
Schedule of changes in treasury shares	Treasury shares Number of shares Amount (R$) At June 30, 2018 3,086,748 35,208 At June 30, 2019 3,086,748 35,208 Transfers (Note 23.a) (324,928 ) (3,707 ) At June 30, 2020 2,761,820 31,501
Schedule of subscription warrants	Second issue BrasilAgro 2020 2019 Price of share - R$ 20.96 16.60 Maturity (years) 15 15 Maturity (day/month/year) 4/27/2021 27/04/2021 Exercise price at year end - R$/share 20.66 20.23 Number of existing shares 62,104,301 56,888,916 Percentage of capital available for conversion (shares) - % 20 20 Number of outstanding shares and stock purchase warrants 256,000 256,000

Segment information (Tables)

Segment information (Tables)	12 Months Ended
	Jun. 30, 2020
Segment Information [Abstract]
Schedule of selected P&L, assets & liabilities information by segment	2020 Agricultural activity Total Real estate Grains Cotton Sugarcane Cattle raising Other Corporate Net revenue 487,568 14,680 233,413 13,052 192,942 32,674 807 - Gain from sale of farm 61,420 61,420 - - - - - - Gain (loss) on fair value of biological assets and agricultural products (Note 9) 160,371 - 86,373 1,373 75,861 (1,298 ) (1,938 ) - Reversal of provision for agricultural products after harvest (4,153 ) - (4,153 ) - - - - - Cost of sales (483,813 ) (4,876 ) (245,805 ) (13,529 ) (184,811 ) (32,436 ) (2,356 ) - Gross profit 221,393 71,224 69,828 896 83,992 (1,060 ) (3,487 ) - Operating income (expenses) Selling expenses (14,300 ) 3,731 (16,247 ) (282 ) (1,136 ) (366 ) - - General and administrative expenses (43,890 ) - - - - - - (43,890 ) Other operating income 1,231 - - - - - - 1,231 Equity pickup (150 ) - - - - - - (150 ) Operating income (loss) 164,284 74,955 53,581 614 82,856 (1,426 ) (3,487 ) (42,809 ) Net financial income Financial income 375,413 146,161 11,325 886 - - 23,053 193,988 Financial expenses (406,168 ) (133,795 ) (39,362 ) (3,651 ) (4,828 ) (1,532 ) (43,175 ) (179,825 ) Net income (loss) before taxes 133,529 87,321 25,544 (2,151 ) 78,028 (2,958 ) (23,609 ) (28,646 ) Income and social contribution taxes (13,975 ) (6,722 ) (8,685 ) 731 (26,530 ) 1,006 8,027 18,198 Net income (loss) for the year 119,554 80,599 16,859 (1,420 ) 51,498 (1,952 ) (15,582 ) (10,448 ) Total assets 2,044,368 1,171,762 226,733 17,224 161,706 35,905 26,678 404,360 Total liabilities 922,799 161,609 220,751 - 73,290 - - 467,149 2019 Agricultural activity Total Real estate Grains Cotton Sugarcane Cattle raising Other Corporate Net revenue 357,910 8,520 171,735 - 160,476 16,795 384 - Gain from sale of farm 142,812 142,812 - - - - - - Gain (loss) on fair value of biological assets and agricultural products (Note 9) 56,718 - 18,714 2,619 34,511 1,526 (652 ) - Reversal of provision for agricultural products after harvest (2,040 ) - (2,040 ) - - - - - Cost of sales (319,214 ) (1,788 ) (156,656 ) - (142,303 ) (17,118 ) (1,349 ) - Gross profit 236,186 149,544 31,753 2,619 52,684 1,203 (1,617 ) - Operating income (expenses) Selling expenses (10,536 ) (35 ) (10,885 ) - - (201 ) 585 - General and administrative expenses (38,812 ) - - - - - - (38,812 ) Other operating income (1,064 ) - - - - - - (1,064 ) Equity pickup 1,102 - - - - - - 1,102 Operating income (loss) 186,876 149,509 20,868 2,619 52,684 1,002 (1,032 ) (38,774 ) Net financial income Financial income 310,538 93,460 13,699 - 79,232 - 11,549 112,598 Financial expenses (297,616 ) (116,502 ) (9,566 ) - (44,948 ) - - (126,600 ) Net income (loss) before taxes 199,798 126,467 25,001 2,619 86,968 1,002 10,517 (52,776 ) Income and social contribution taxes (22,719 ) (7,724 ) (8,500 ) - (29,569 ) (341 ) (3,576 ) 26,991 Net income (loss) for the year 177,079 118,743 16,501 2,619 57,399 661 6,941 (25,785 ) Total assets 1,357,614 777,664 156,420 12,955 157,920 39,135 26,733 186,787 Total liabilities 477,081 - 85,486 - 43,482 - - 348,113
Schedule of non current asets and revenue	Brazil Paraguay 2020 2019 2020 2019 Net income 464.998 329,071 22,570 28,839 Non-current 853,957 516,768 275,957 188,785

Revenues (Tables)

Revenues (Tables)	12 Months Ended
	Jun. 30, 2020
Revenues [Abstract]
Schedule of operating sales	2020 2019 2018 Sales of grains 237,904 175,000 99,875 Sales of cotton 13,104 - - Sales of sugarcane 192,943 163,114 142,037 Sales of beef cattle 33,609 16,974 4,115 Lease 18,127 9,598 6,592 Other revenues 1,658 1,086 132 Gross operating revenue 497,345 365,772 252,751 Sales deductions Taxes on sales (9,777 ) (7,862 ) (8,473 ) Net revenue 487,568 357,910 244,278
Schedule of sale of farms	2020 2019 2018 Sale of farm 83,179 238,414 66,224 Adjustment to present value (11,687 ) (61,192 ) (13,818 ) Gross revenue from sale of farm 71,492 177,222 52,406 Sales taxes (2,610 ) (6,469 ) (1,913 ) Cost of sale of farm (7,462 ) (27,941 ) (10,676 ) Gain from sale of farm 61,420 142,812 39,817 Selling expenses - (35 ) - Income tax and social contribution (2,201 ) (5,459 ) (1,614 ) Net profit from sale of farm 59,219 137,318 38,203

Expenses by nature (Tables)

Expenses by nature (Tables)	12 Months Ended
	Jun. 30, 2020
Expenses by Nature [Abstract]
Schedule of expenses by nature	Cost of products sold Selling expenses General and administrative Total Depreciation and amortization 58,737 - 1,512 60,249 Personnel expenses 25,115 2,290 30,681 58,086 Expenses with service provider 143,808 - 5,593 149,401 Leasing 13,462 - 175 13,637 Cost of agricultural products 134,972 - - 134,972 Fair value of cost of agricultural products 96,689 - - 96,689 Freight and storage - 14,450 - 14,450 Allowance for doubtful accounts - (2,440 ) - (2,440 ) Maintenance, travel expenses and others 11,030 - 5,929 16,959 At June 30, 2020 483,813 14,300 43,890 542,003 Depreciation and amortization 22,494 - 584 23,078 Personnel expenses 18,660 1,423 28,679 48,762 Expenses with service provider 108,147 - 3,449 111,596 Leasing 20,512 - 803 21,315 Cost of agricultural products 98,561 - - 98,561 Fair value of cost of agricultural products 39,163 - - 39,163 Freight and storage - 9,608 - 9,608 Allowance for doubtful accounts - (530 ) - (530 ) Sale of farms - 35 - 35 Maintenance, travel expenses and others 11,677 - 5,297 16,974 At June 30, 2019 319,214 10,536 38,812 368,562 Depreciation and amortization 22,406 - 816 23,222 Personnel expenses 4,265 2,223 24,133 30,621 Expenses with service provider 53,014 - 4,279 57,293 Leasing 7,799 - 689 8,488 Cost of agricultural products 130,188 - - 130,188 Freight and storage - 7,731 - 7,731 Allowance for doubtful accounts - 133 - 133 Maintenance, travel expenses and others 10,647 - 5,028 15,675 At June 30, 2018 228,319 10,087 34,945 273,351

Management compensation and s_2

Management compensation and share based payments (Tables)	12 Months Ended
	Jun. 30, 2020
Management Compensation and Share Based Payments [Abstract]
Schedule of expenses with management compensation	2020 2019 2018 Board of directors and executive board compensation 3,789 2,869 2,491 Bonuses 7,093 8,315 6,856 Overall compensation 10,882 11,184 9,347 Share 1,117 741 646 Total compensation 11,999 11,925 9,993

Other operating income (expen_2

Other operating income (expenses), net (Tables)	12 Months Ended
	Jun. 30, 2020
Other Operating Income (Expenses), Net [Abstarct]
Schedule of other operating income (expenses), net	2020 2019 2018 Loss on sale of PPE (151 ) (64 ) (380 ) Provision for legal claims (601 ) 383 387 Surplus gain from re-distribution of the assets and liabilities (a) - - 5,098 Write-off of effect of conversion of joint venture due to re-distribution of the assets and liabilities (a) - - 30,616 Agricultural insurance claims 6,315 - - Expenses with acquisition of Agrifirma (2,530 ) - - Warrants and restricted shares (b) (1,053 ) - - Other (c) (749 ) (1,383 ) (289 ) 1,231 (1,064 ) 35,432 (a) On February 9, 2018, the Company concluded the re-distribution of the assets and liabilities of Cresca, with the portion of assets and liabilities transferred to the wholly-owned subsidiary Agropecuária Moroti S.A. Since the investment was recorded as R$115,478 and the fair value assessed was R$120,576, the Company recorded a gain of R$5,098 in statement of income. Furthermore, R$30,616 held in other comprehensive income that included the effects on the conversion of investment abroad was written off from the statement of income for the year. (b) In the acquisition of Agrifirma, BrasilAgro issued warrants as part of the consideration paid, which correspond to rights that entitle the selling shareholders to acquire 601,302 shares for R$0.01. The obligation was recognized as financial liabilities and continues to be measured at fair value due to compliance with certain conditions that could change the number of shares to be transferred (Note 1.1). (c) In 2019, the Company made donations to institutions in the amount of R$545.

Financial income and expenses (

Financial income and expenses (Tables)	12 Months Ended
	Jun. 30, 2020
Financial Income and Expenses [Abstract]
Schedule of financial income and expenses	Notes 2020 2019 2018 Financial income Interest on marketable securities 5,396 5,507 4,341 Interest on receivable 3,619 622 10,462 Monetary variations (i) - - 160 Foreign exchange variation (i) 14,038 17,110 12,058 Gain on remeasurement of leases (iii) 15,246 16,843 - Gain on remeasurement of receivables from sale of farms (iv) 130,915 156,156 39,337 Realized profit from derivative transactions (v) 6 50,484 55,611 16,861 Unrealized profit from derivative transactions (vi) 6 155,715 58,689 46,104 375,413 310,538 129,323 Financial expenses Marketable securities charges (1,456 ) (294 ) (1,372 ) Bank charges (706 ) (1,334 ) (685 ) Interest accrued (25,248 ) (18,171 ) (28,768 ) Monetary variation (i) - - (346 ) Foreign exchange variation (ii) (15,765 ) (17,724 ) (11,792 ) Gain on remeasurement of leases (iii) (36,091 ) (19,309 ) - Loss on remeasurement of receivables from sale of farms (iv) (72,535 ) (142,167 ) (26,616 ) Realized loss from derivative financial transactions (v) 6 (91,196 ) (35,453 ) (23,968 ) Unrealized loss from derivative financial transactions (vi) 6 (163,171 ) (63,164 ) (44,332 ) (406,168 ) (297,616 ) (137,879 ) Financial income (expense), net (30,755 ) 12,922 (8,556 )
Schedule of net balances	2020 2019 2018 Monetary variations (i) - - (186) Foreign exchange difference (ii) (1,727 ) (614 ) 266 Net on remeasurement of leases (iii) (20,845 ) (2,466 ) - Net on remeasurement of receivables from sale of farms (iv) 58,380 13,989 12,721 Realized profit (loss) from derivative financial instruments (v) (40,712 ) 20,158 (7,107 ) Unrealized (loss) profit from Derivative financial instruments (vi) (7,456 ) (4,475 ) 1,772

Earnings per share (Tables)

Earnings per share (Tables)	12 Months Ended
	Jun. 30, 2020
Earnings per share [abstract]
Schedule of earnings per share	2020 2019 2018 Profit attributed to controlling shareholders 119,554 177,079 126,338 Weighted average number of common shares issued (thousands) 56,681 53,802 53,750 Effect from dilution – shares 420 306 64 Weighted average number of common shares issued adjusted by the dilution effect 57,101 54,108 53,813 Basic earnings per share 2.1092 3.2913 2.3505 Diluted earnings per share 2.0937 3.2727 2.3477

Provision for legal claims (Tab

Provision for legal claims (Tables)	12 Months Ended
	Jun. 30, 2020
Provision for Legal Claims [Abstract]
Schedule of probable likelihood of loss	Labor Administrative Tax Civil Total At June 30, 2018 990 - 195 22 1,207 Additions 278 - - 25 303 Monetary restatement 114 - - - 114 Reversal/payments (580 ) - (195 ) (25 ) (800 ) At June 30, 2019 802 - - 22 824 Additions 418 65 - 378 861 Monetary restatement 103 2 - - 105 Reversal/payments (365 ) - - - (365 ) Acquisition Agrifirma 60 - - 60 At June 30, 2020 1,018 67 - 400 1,485
Schedule of contingencies	2020 2019 Civil 9,532 9,190 Tax 4,511 4,062 Labor 3,389 825 Environmental 193 279 17,625 14,356
Schedule of judicial deposits	2020 2019 Labor 378 389 Tax 1,178 1,143 Civil 150 135 (Note 7) 1,706 1,667

Commitments (Tables)

Commitments (Tables)	12 Months Ended
	Jun. 30, 2020
Commitments [Abstract]
Schedule of gross sugarcane sales	2020 2019 2018 Number (tons) Amount Number (tons) Amount Number (tons) Amount Net revenue from sugarcane 840,625 82,763 761,996 73,480 842,960 81,375
Schedule of gross sugarcane sales to Partnership IV	2020 2019 2018 Quantity (Tons) Amount Quantity (Tons) Amount Quantity (Tons) Amount Gross sugarcane sales Partnership IV 1,221,728 110,179 1.019.232 86.996 838,501 56,848

Transactions with related par_2

Transactions with related parties (Tables)	12 Months Ended
	Jun. 30, 2020
Transactions with Related Parties [Abstract]
Schedule of transactions with related parties	2020 2019 Current assets Hemir (a) 314 301 Cresud (a) 176 116 Other (c) 211 1,570 701 1,987 Non-current assets Other (c) 1,511 - 1,511 - Current liabilities – trade accounts payable Trade accounts payable (b) 1,724 1,358 Cresud (a) 814 556 Irsa (a) - 51 Ombu - 273 Other 311 167 2,849 2,405 a) Expenses and revenue related to Due Diligence of new acquisitions and implementation of the budget and controls system and reimbursement of general expenses; b) Acquisition of biological assets and other items related to the Palmeiras operation; c) The amounts substantially refer to the total shares exercised under the Second and Third Programs, as detailed in Note 23.

Non-current Assets Held For S_2

Non-current Assets Held For Sale (Tables)	12 Months Ended
	Jun. 30, 2020
Non-current assets or disposal groups classified as held for sale or as held for distribution to owners [abstract]
Schedule of non-current assets held for sale and discontinued operations	2020 Book value 28,851 Measurement at fair value (2,994 ) Fair value minus selling expenses (a) 25,857 (a) Measured at nominal sales value, less brokerage expenses and discounting to present value. The variation in fair value registered between January 27, 2020 (Acquisition of Agrifirma) and this reporting date was R$2,015, registered under financial result.

Insurance (Tables)

Insurance (Tables)	12 Months Ended
	Jun. 30, 2020
Insurance [Abstract]
Schedule of liabilities covered by insurance	Insurance type Coverage - R$ Civil liability (D&O) 20,000 Civil, professional and general liability 10,476 Machinery 22,296 Fire/lightning/explosion/electrical damage (office) 7,072 Storage silo (Chaparral Farm) 36,760 96,604

Operations (Details)

Operations (Details) - shares		Jun. 30, 2020	Jun. 18, 2020	Apr. 01, 2020		Jun. 30, 2019
Disclosure of subsidiaries [line items]
Unrestricted shares		4,044,654
Initial Exchange Ratio [Member]
Disclosure of subsidiaries [line items]
Unrestricted shares				4,402,404		4,402,404
Shares with sale restriction				812,981		812,981
Shares issued and delivered	[1]					5,215,385
Total shares	[2]			5,215,385
Warrants				654,487		654,487	[3]
Exchange ratio shares				5,869,872		5,869,872
Adjustment by Exchange Ratio [Member]
Disclosure of subsidiaries [line items]
Unrestricted shares				(357,750)
Shares with sale restriction				(66,065)
Total shares	[2]			(423,815)
Warrants				(53,185)
Exchange ratio shares				(477,000)
Final Exchange Ratio [Member]
Disclosure of subsidiaries [line items]
Unrestricted shares			4,044,654	4,044,654
Shares with sale restriction			746,916	746,916
Total shares			4,791,570	4,791,570	[2]
Warrants			601,302	601,302
Exchange ratio shares			5,392,872	5,392,872
Adjustments For Indemnifications [Member]
Disclosure of subsidiaries [line items]
Unrestricted shares
Shares with sale restriction			(109,291)
Total shares			(109,291)
Warrants			(87,985)
Exchange ratio shares			(197,276)
Final Exchange Ratio Adjusted By Indemnifications [Member]
Disclosure of subsidiaries [line items]
Unrestricted shares			4,044,654
Shares with sale restriction			637,625
Total shares			4,682,279
Warrants			513,317
Exchange ratio shares			5,195,596
[1]	Based on preliminary book values as of June 30, 2019 of Agrifirma, the capital stock of BrasilAgro was increased by R$115,587, from R$584,224 to R$699,811, with the issuance of 5,215,385 new common shares of the Company, which were subscribed for and paid up by the shareholders of Agrifirma, and
[2]	The adjustment in the exchange ratio determines that the selling shareholders, the holders of the 5,215,385 shares previously calculated in the preliminary exchange ratio, must return 423,815 shares, in accordance with the final exchange ratio. The share return process is in progress and should be completed up to October 2020.
[3]	Issuance of the Agrifirma Warrants on behalf of one of the selling shareholders, entitling them to subscribe, anytime until January 22, 2022, to up to 654,487 new common shares of the Company, with exercise price of R$0.01 per share (Note 18.b).

Operations (Details 1)

Operations (Details 1) - BRL (R$) R$ in Thousands		Jun. 30, 2020	Jan. 27, 2020	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Assets
Cash and cash equivalents		R$ 171045		R$ 106627	R$ 104314	R$ 43798
Trade accounts receivable		183,350		125,320
Inventories		138,778		97,068
Biological assets		115,553		99,881
Non-current assets held for sale		25,857
Total current assets		616,607		440,827
Investment properties		858,261		548,717	557,152
Property, plant and equipment		115,925		107,852	R$ 84830
Total assets		2,044,368		1,357,614
Liabilities
Trade accounts payables		111,170		92,954
Loans and financing		217,274		76,608
Total current liabilities		400,092		226,618
Other accounts payable		28,002		19,451
Deferred tax liabilities		R$ 34031
Agrifirma [Member]
Assets
Cash and cash equivalents			R$ 1071
Trade accounts receivable			3,313
Inventories			1,461
Biological assets			4,883
Recoverable taxes and contributions			3,012
Non-current assets held for sale			23,842
Related parties			36
Other credits			6,025
Total current assets			43,643
Other credits			15,986
Investment properties			197,711
Property, plant and equipment			23,541
Total non-current assets			237,238
Total assets			280,881
Liabilities
Trade accounts payables			792
Loans and financing			123,862
Payable income tax and social contribution			19
Taxes payable			646
Labor charges			2,894
Other accounts payable			15,590
Total current liabilities			143,803
Provision for contingencies			60
Other accounts payable			3,206
Deferred tax liabilities			27,763
Total liabilities			31,029
Total net assets at fair value			106,049
Goodwill (a)	[1]		47
Total consideration			R$ 106096
[1]	Goodwill is attributed to the profitability expected from synergy gains and economies of scale in the agricultural operations and from the creation of real estate value in undeveloped areas. It is not expected that goodwill will be dedcuctible for tax purposes.

Operations (Details 2)

Operations (Details 2) - Brasil Agro [Member] - BRL (R$) R$ in Thousands	5 Months Ended	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2020
Statement Line Items [Line Items]
Net revenue	R$ 19194	R$ 27949
Net income for the period	R$ 1
Loss for the year		R$ 64305

Operations (Details 3)

Operations (Details 3) - BRL (R$)		Jun. 30, 2020	Jan. 27, 2020
Number of shares issued / to be issued
Unrestricted shares		4,044,654
Capital reserve (Note 19.b)	[1]
Unrestricted shares		4,044,654
Shares with sale restriction		637,625
Agrifirma Warrants (a)	[2]	513,317
Agrifirma Warrant Dividends (b)	[1]
Estimated consideration at fair value		5,195,596
Brasilagro's share market price
Unrestricted shares
Capital reserve (Note 19.b)	[1]
Unrestricted shares			20.28
Shares with sale restriction			20.28
Agrifirma Warrants (a)	[2]		20.27
Agrifirma Warrant Dividends (b)	[1]
Estimated consideration at fair value
Total consideration transferred
Unrestricted shares		115,587
Capital reserve (Note 19.b)	[1]	(33,566)
Unrestricted shares		82,021
Shares with sale restriction		12,930
Agrifirma Warrants (a)	[2]	10,405
Agrifirma Warrant Dividends (b)	[1]	740
Estimated consideration at fair value		106,096
[1]	Agrifirma Warrants: are measured based on Brasilagro quoted share market price on the B3 as of January 27, 2020, deducting the exercise price of the warrants of R$0.01.
[2]	Unrestricted and restricted shares: to estimate the fair value of the restricted and unrestricted shares, the number of shares based on the Final Exchange Ratio adjusted by Adjustments due to Indemnifications, was calculated considering Brasilagro's quoted market share price on the B3 (Agro3) as of January 27, 2020.

Operations (Details 4)

Operations (Details 4) - Agropecuaria Moroti S.A. [Member] R$ in Thousands	Feb. 09, 2018BRL (R$)
Book value [Member]
Assets
Accounts receivable, inventories and other receivables	R$ 4616
Recoverable taxes	13
Investment properties	129,750
Other property and equipment other than land	67
Assets	134,446
Liabilities
Trade payables, taxes and other liabilities	254
Loans	18,714
Liabilities	18,968
Total	115,478
Effect of fair value measurement [Member]
Assets
Accounts receivable, inventories and other receivables	36
Recoverable taxes	(13)
Investment properties	11,202
Other property and equipment other than land	277
Assets	11,502
Liabilities
Trade payables, taxes and other liabilities	6,322
Loans	82
Liabilities	6,404
Total	5,098
Fair value [Member]
Assets
Accounts receivable, inventories and other receivables	4,652
Recoverable taxes
Investment properties	140,952
Other property and equipment other than land	344
Assets	145,948
Liabilities
Trade payables, taxes and other liabilities	6,576
Loans	18,796
Liabilities	25,372
Total	R$ 120576

Operations (Details Textual)

Operations (Details Textual) R$ / shares in Units, R$ in Thousands, $ in Thousands

Sep. 02, 2019

Jul. 11, 2019

Jun. 13, 2018

May 03, 2018

Feb. 09, 2018BRL (R$)

Dec. 16, 2016

Oct. 05, 2016

Jun. 18, 2020shares

May 29, 2020

Apr. 20, 2020

Nov. 22, 2019

Oct. 29, 2019

Sep. 23, 2019BRL (R$)

Jul. 31, 2019

Jun. 28, 2019

Jun. 27, 2019BRL (R$)

Jun. 27, 2019USD ($)

Nov. 21, 2018

Oct. 19, 2018

Aug. 28, 2018a

Jul. 31, 2018

Jun. 30, 2020BRL (R$)aR$ / sharesshares

Jun. 30, 2019

Jun. 30, 2018

Operations (Textual)

Area of own lands | a

215,330

Area of leased lands | a

53,735

Minimum shares transferred | shares

5,392,872

Acquisition date

Jan. 27, 2020

Exchange adjustment, descriptioin

The adjustment in the exchange ratio determines that the selling shareholders, the holders of the 5,215,385 shares previously calculated in the preliminary exchange ratio, must return 423,815 shares, in accordance with the final exchange ratio. The share return process is in progress and should be completed up to October 2020.

Capital Reserve

R$ 30566

Other Operating income

R$ 30616

Board of Directors [Member]

Operations (Textual)

Investment amount

R$ 4127

Interest rate, percentage

1.80%

1.80%

Board of Directors [Member] | Us [Member]

Operations (Textual)

Investment amount | $

$ 1,000

Sale of Jatoba' IV Farm [Member]

Operations (Textual)

Description of sale of farm

The buyer met the contractual conditions to take possession of the Jatobá IV farm upon the down payment of R$2,698. As a result, revenue was recognized in the statement of income (see Note 21.b) and the remaining balance corresponding to 232,000 soybean bags is recorded in accounts receivable from sales of farms, to be received in six annual installments ending in 2025 (Note 7.1.e – Jatobá IV).

The Company signed a purchase and sale agreement for a total area of 1,134 hectares (893 agricultural hectares) of the Jatobá Farm, a rural property located in the city of Jaborandi, state of Bahia, for an amount corresponding to 302 bags of soybean per agricultural hectare, totaling R$23,183 as of September 2, 2019.

Sale of Alto Taquari II Farm [Member]

Operations (Textual)

Description of sale of farm

The Company entered into a purchase and sale agreement for a total area of 85 hectares (65 agricultural hectares) of the Alto Taquari Farm, a rural property located in the City of Alto Taquari, State of Mato Grosso, for an amount corresponding to 1,100 bags of soybean per useful hectare, totaling R$5,513 as of October 29,2019. On the same date, the buyer met the contractual conditions to take possession of the Alto Taquari II farm upon the down payment of R$1,044. As a result, revenue was recognized in the statement of income (see Note 21.b) and the remaining balance corresponding to 57,200 soybean bags is recorded in accounts receivable from sales of farms, to be received in four annual installments ending in 2023 (Note 7.1.e – Alto Taquari II).

Sale of Alto Taquari III Farm [Member]

Operations (Textual)

Description of sale of farm

The Company entered into a purchase and sale agreement for a total area of 105 hectares (105 agricultural hectares) of the Alto Taquari Farm, a rural property located in the city of Alto Taquari, state of Mato Grosso, for 1,100 bags of soybean per useful hectare, totaling R$11,037 as of May 29, 2020.On the same date, the buyer met the contractual conditions to take possession of the Alto Taquari III farm upon the down payment of R$1,763. As a result, revenue was recognized in the statement of income (see Note 21.b) and the remaining balance corresponding to 93,478 soybean bags is recorded in accounts receivable from sales of farms, to be received in five annual installments ending in 2025 (Note 7.1.e – Alto Taquari III).

Sale of Jatoba V Farm [Member]

Operations (Textual)

Description of sale of farm

The Company entered into a purchase and sale agreement for a total area of 1,875 hectares (1,500 agricultural hectares) of the Jatobá Farm, a rural property located in the city of Jaborandi, state of Bahia, for 300 bags of soybean per useful hectare, totaling R$45,015 as of June 30, 2019.On the same date, the buyer met the contractual conditions to take possession of the Jatobá V farm upon the down payment of R$5,000. As a result, revenue was recognized in the statement of income (see Note 21.b) and the remaining balance corresponding to 397,368 soybean bags is recorded in accounts receivable from sales of farms, to be received in seven annual installments ending in 2026 (Note 7.1.e – Jatobá V).

Sale of Jatoba II Farm [Member]

Operations (Textual)

Description of sale of farm

The Company signed a purchase and sale agreement for a total area of 9,784 hectares (7,485 agricultural hectares) of the Jatobá Farm, a rural property located in the city of Jaborandi, state of Bahia, for an amount corresponding to 285 bags of soybean per usable hectare or R$123,335 as of July 31, 2018.

The buyer met the contractual conditions to take possession of the Jatobá II farm upon the down payment of R$21,000. As a result, revenue was recognized in the statement of income (see Note 21.b) and the remaining balance corresponding to 2,133,296 soybean bags is recorded in accounts receivable from sales of farms, to be received in seven annual installments ending in 2025 (Note 7.1.e – Alto Taquari I).

Sale of Alto Taquari I Farm [Member]

Operations (Textual)

Description of sale of farm

The Company signed a purchase and sale agreement for a total area of 103 hectares of arable land in the Alto Taquari Farm, for the value of 1,100 bags per useful hectare, totaling R$6,871 as of November 19, 2018.

The buyer met the contractual conditions to take possession of the Alto Taquari I farm upon the down payment of R$1,491. As a result, revenue was recognized in the statement of income (see Note 21.b) and the remaining balance corresponding to 90,624 soybean bags is recorded in accounts receivable from sales of farms, to be received in four semi-annual installments ending in 2022 (Note 7.1.e – Alto Taquari I).

Sale of Jatoba III Farm [Member]

Operations (Textual)

Description of sale of farm

The buyer met the contractual conditions to take possession of the Jatobá III farm upon the two down payment of R$5,000 each, totaling R$10,000. As a result, revenue was recognized in the statement of income (see Note 21.b) and the remaining balance corresponding to 563,844 soybean bags is recorded in accounts receivable from sales of farms, to be received in six annual installments ending in 2025 (Note 7.1.e – Jatobá III).

The Company signed a purchase and sale agreement for a total area of 3,125 hectares (2,473 agricultural hectares) of the Jatobá Farm, a rural property located in the City of Jaborandi, State of Bahia, for 285 bags of soybean per useful hectare, which corresponded to R$47,016 as of June 28, 2019.

Sale of Jatoba III Farm One [Member]

Operations (Textual)

Description of sale of farm

The buyer met the contractual conditions to take possession of the Jatobá III farm upon the two down payment of R$5,000 each, totaling R$10,000. As a result, revenue was recognized in the statement of income (see Note 21.b) and the remaining balance corresponding to 563,844 soybean bags is recorded in accounts receivable from sales of farms, to be received in six annual installments ending in 2025 (Note 7.1.e – Jatobá III).

Sale of Araucaria V [Member]

Operations (Textual)

Description of sale of farm

The Company disclosed the sale of a 956 hectares area (660 agricultural hectares) of the Araucária Farm. The area was sold for 1,208 soybean bags per usable hectare or R$66,224. The transaction determined a down payment of 79,200 soybean bags in the amount of R$5,267, a second installment corresponding to the same number of soybean bags to be received on September 1, 2018. As a result, revenue was recognized in the statement of income (see Note 21.b) and the remaining balance corresponding to 717,840 soybean bags is recorded in accounts receivable from sales of farms, to be received in six annual installments ending in 2024 (Note 7.1.e – Araucária V).

The Company acquired a total area of 4,489 hectares (2,904 agricultural hectares) of the Serra Grande Farm, a rural property located in the city of Baixa Grande do Ribeiro, state of Piauí, in the amount of R$25,047, corresponding to 282,884 soybean bags per agricultural hectares.On the same date, BrasilAgro met the contractual conditions to take possession of the land upon the down payment of R$8,047. As of June 30, 2020, the remaining balance in the amount of R$14,263 (Note 18), corresponding to 162,000 soybean bags, will be paid in three annual installments upon delivery of 54,000 soybean bags each. The Company maintains its liability measured at fair value through profit or loss, as required by IFRS 13.

Lease of Jatoba Farm [Member]

Operations (Textual)

Lease agreement, description

Under the same commitment for the purchase and sale of the Jatobá Farm, as described in Note 1.2, the Company leased another area of the farm, with useful area of 7,468 hectares, for a period of 5 years and with annual payments of 6 bags per hectare or 17% of total production, whichever is greater.

Lease of Parceria V [Member]

Operations (Textual)

Area of leased lands | a

23,500

Lease term

10 years

warrants [Member]

Operations (Textual)

Number of shares | shares

654,487

BrasilAgro [Member]

Operations (Textual)

Percentage of ownership interest in subsidiary

99.00%

100.00%

Interest rate, percentage

50.00%

Number of shares | shares

5,392,872

5,392,872

Preliminary book,description

Based on preliminary book values as of June 30, 2019 of Agrifirma, the capital stock of BrasilAgro was increased by R$115,587, from R$584,224 to R$699,811, with the issuance of 5,215,385 new common shares of the Company, which were subscribed for and paid up by the shareholders of Agrifirma, and Issuance of the Agrifirma Warrants on behalf of one of the selling shareholders, entitling them to subscribe, anytime until January 22, 2022, to up to 654,487 new common shares of the Company, with exercise price of R$0.01 per share (Note 18.b).

Exchange adjustment, descriptioin

The parties also agreed that given the resolution of a contingency by the date of the Settlement Agreement, the selling shareholders agreed to return the amount of R$3,500,000 in restricted shares and Agrifirma Warrants, as described below, which number was calculated using the market price of Brasilagro's average share price 90 days before January 27, 2022.

Warrants excercise price | R$ / shares

R$ 0.01

Remaining balance amount

R$ 2087

Agrifirma [Member]

Operations (Textual)

Interest rate, percentage

99.99%

Number of shares | shares

5,215,385

Jaborandi Agrícola Ltda. [Member]

Operations (Textual)

Percentage of ownership interest in subsidiary

1.00%

99.99%

99.99%

99.99%

Agropecuaria Moroti S.A. [Member]

Operations (Textual)

Waive the payment of interest

R$ 32962

Investment amount

R$ 16563

R$ 115478

Carrying value of the interest

5,098

Fair value of the assets and liabilities transferred

R$ 120576

Cresca S.A. [Member]

Operations (Textual)

Ownership interest in share capital

50.00%

Basis of preparation and pres_4

Basis of preparation and presentation (Details) - BRL (R$) R$ in Thousands		Jun. 30, 2020	Jun. 30, 2019
Disclosure of subsidiaries [line items]
Leases payable (Note 14)		R$ 25849	R$ 26503
Trade accounts payable and others		R$ 111170	92,954
As previously stated [Member]
Disclosure of subsidiaries [line items]
Leases payable (Note 14)	[1]
Trade accounts payable and others	[1]		138,654
Financial lease	[1]		21,197
Reclassifications [Member]
Disclosure of subsidiaries [line items]
Leases payable (Note 14)	[1]		47,446
Trade accounts payable and others	[1]		(26,249)
Financial lease	[1]		(21,197)
Reclassified [Member]
Disclosure of subsidiaries [line items]
Leases payable (Note 14)	[1]		47,446
Trade accounts payable and others	[1]		112,405
Financial lease	[1]
[1]	In order to improve presentation of leases payable in the statement of financial position starting fiscal year ended June 30, 2020, all lease payables are presented in the line item Leases payable. For comparability purposes, leases payable that were presented in Trade accounts payable and others and in finance leases as of June 30, 2019, were also reclassified to the Leases payable line item. (Note 14);

Basis of preparation and pres_5

Basis of preparation and presentation (Details 1) - BRL (R$) R$ in Thousands		12 Months Ended
		Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Changes in working capital
Trade accounts payable		R$ 35698	R$ 10005	R$ 1708
Leases payable		(42,688)	3,590	9,470
Adjustments to reconcile profit for the year
Unrealized foreign exchange loss (gain), monetary variation and financial charges, net		(42,276)	(15,416)	(16,054)
Gain on remeasurement of receivable from sale of farms, net		R$ 57327	13,989	16,584
As previously stated [Member]
Changes in working capital
Trade accounts payable	[1]		13,595	11,178
Leases payable	[1]
Adjustments to reconcile profit for the year
Unrealized foreign exchange loss (gain), monetary variation and financial charges, net	[2]		12,950	12,191
Gain on remeasurement of receivable from sale of farms, net	[2]		(11,523)	(12,721)
Reclassifications [Member]
Changes in working capital
Trade accounts payable	[1]		(3,590)	(9,470)
Leases payable	[1]		3,590	9,470
Adjustments to reconcile profit for the year
Unrealized foreign exchange loss (gain), monetary variation and financial charges, net	[2]		2,466	3,863
Gain on remeasurement of receivable from sale of farms, net	[2]		(2,466)	(3,863)
Reclassified [Member]
Changes in working capital
Trade accounts payable	[1]		10,005	1,708
Leases payable	[1]		3,590	9,470
Adjustments to reconcile profit for the year
Unrealized foreign exchange loss (gain), monetary variation and financial charges, net	[2]		15,416	16,054
Gain on remeasurement of receivable from sale of farms, net	[2]		R$ 13989	R$ 16584
[1]	In order to improve presentation of leases payable in the statement of financial position starting fiscal year ended June 30, 2020, all lease payables are presented in the line item Leases payable. For comparability purposes, leases payable that were presented in Trade accounts payable and others and in finance leases as of June 30, 2019, were also reclassified to the Leases payable line item. (Note 14);
[2]	Additionally, the Company reclassified the cash flow effects to reconcile the profit for the year within the cash flows from operating activities related to the fair value on remeasurement of receivables from sales of farms for the years ended June 30, 2019 and June 30, 2018 to improve presentation in the statement of cash flows and to ensure comparability with the current year.

Basis of preparation and pres_6

Basis of preparation and presentation (Details 2)		Dec. 16, 2016	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Jaborandi Agricola Ltda [Member]
Disclosure of subsidiaries [line items]
Ownership interest in subsidiaries		1.00%	99.99%	99.99%	99.99%
Imobiliaria Jaborandi [Member]
Disclosure of subsidiaries [line items]
Ownership interest in subsidiaries			99.99%	99.99%	99.99%
Cremaq [Member]
Disclosure of subsidiaries [line items]
Ownership interest in subsidiaries			99.99%	99.99%	99.99%
Engenho de Maracaju [Member]
Disclosure of subsidiaries [line items]
Ownership interest in subsidiaries			99.99%	99.99%	99.99%
Araucaria [Member]
Disclosure of subsidiaries [line items]
Ownership interest in subsidiaries			99.99%	99.99%	99.99%
Mogno [Member]
Disclosure of subsidiaries [line items]
Ownership interest in subsidiaries			99.99%	99.99%	99.99%
Cajueiro [Member]
Disclosure of subsidiaries [line items]
Ownership interest in subsidiaries			99.99%	99.99%	99.99%
Ceibo [Member]
Disclosure of subsidiaries [line items]
Ownership interest in subsidiaries			99.99%	99.99%	99.99%
Flamboyant [Member]
Disclosure of subsidiaries [line items]
Ownership interest in subsidiaries			99.99%	99.99%	99.99%
Palmeiras [Member]
Disclosure of subsidiaries [line items]
Ownership interest in subsidiaries			99.99%	99.99%	99.99%
Moroti [Member]
Disclosure of subsidiaries [line items]
Ownership interest in subsidiaries	[1]		99.99%	99.99%	99.99%
Agrifirma [Member]
Disclosure of subsidiaries [line items]
Ownership interest in subsidiaries			99.99%
Agrifirma Bahia [Member]
Disclosure of subsidiaries [line items]
Ownership interest in subsidiaries	[2]		99.99%
I.A. Agro [Member]
Disclosure of subsidiaries [line items]
Ownership interest in subsidiaries	[2]		99.99%
GL [Member]
Disclosure of subsidiaries [line items]
Ownership interest in subsidiaries	[2]		99.99%
Delaware [Member]
Disclosure of subsidiaries [line items]
Ownership interest in joint venture	[2]		100.00%
[1]	Subsidiary incorporated during the re-distribution of the assets and liabilities of the Cresca on February 9, 2018.
[2]	Subsidiaries of Agrifirma - indirect control.

Basis of preparation and pres_7

Basis of preparation and presentation (Details 3)	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Buildings and improvements [Member] | Bottom of range [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Annual depreciation rates %	2.00%	2.00%	2.00%
Buildings and improvements [Member] | Top of range [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Annual depreciation rates %	25.00%	25.00%	20.00%
Equipment and facilities [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Annual depreciation rates %	10.00%		10.00%
Equipment and facilities [Member] | Bottom of range [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Annual depreciation rates %		5.00%
Equipment and facilities [Member] | Top of range [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Annual depreciation rates %		10.00%
Vehicles and agricultural machinery [Member] | Bottom of range [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Annual depreciation rates %	13.00%	13.00%	13.00%
Vehicles and agricultural machinery [Member] | Top of range [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Annual depreciation rates %	20.00%	20.00%	20.00%
Furniture and fixtures [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Annual depreciation rates %	10.00%	10.00%	10.00%
Opening of areas [Member] | Bottom of range [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Annual depreciation rates %	5.00%	5.00%	10.00%
Opening of areas [Member] | Top of range [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Annual depreciation rates %	20.00%	20.00%	20.00%
Permanent cultures [Member] | Bottom of range [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Annual depreciation rates %	16.00%	16.00%	16.00%
Permanent cultures [Member] | Top of range [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Annual depreciation rates %	27.00%	27.00%	27.00%

Basis of preparation and pres_8

Basis of preparation and presentation (Details 4) - BRL (R$) R$ in Thousands	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Assets
Total	R$ 2044368	R$ 1357614
Liabilities and shareholders' equity
Other liabilities	39,391
Total	1,121,569	R$ 880533	R$ 755864	R$ 667468
As previously stated [Member]
Assets
Right-of-use of assets (Note 13)
Other assets	1,357,614
Total	1,357,614
Liabilities and shareholders' equity
Leases payable (Note 14)
Trade accounts payable and others	138,654
Finance leases	21,197
Related-party transactions	2,405
Other liabilities	314,825
Shareholders' Equity	880,533
Total	1,357,614
Reclassifications [Member]
Assets
Right-of-use of assets (Note 13)
Other assets
Total
Liabilities and shareholders' equity
Leases payable (Note 14)	47,446
Trade accounts payable and others	(26,249)
Finance leases	(21,197)
Related-party transactions
Other liabilities
Shareholders' Equity
Total
Reclassified [Member]
Assets
Right-of-use of assets (Note 13)
Other assets	1,357,614
Total	1,357,614
Liabilities and shareholders' equity
Leases payable (Note 14)	47,446
Trade accounts payable and others	112,405
Finance leases
Related-party transactions	2,405
Other liabilities	314,825
Shareholders' Equity	880,533
Total	1,357,614
Impacts - IFRS 16 [Member]
Assets
Right-of-use of assets (Note 13)	92,794
Other assets
Total	92,794
Liabilities and shareholders' equity
Leases payable (Note 14)	92,794
Trade accounts payable and others
Finance leases
Related-party transactions
Other liabilities
Shareholders' Equity
Total	92,794
After Adoption Of IFRS-16 [Member]
Assets
Right-of-use of assets (Note 13)	92,794
Other assets	1,357,614
Total	1,450,408
Liabilities and shareholders' equity
Leases payable (Note 14)	140,240
Trade accounts payable and others	112,405
Finance leases
Related-party transactions	2,405
Other liabilities	314,825
Shareholders' Equity	880,533
Total	R$ 1450408

Basis of preparation and pres_9

Basis of preparation and presentation (Details 5) - BRL (R$) R$ in Thousands	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Disclosure of detailed information about property, plant and equipment [line items]
Trade accounts payable	R$ 55603	R$ 37710
Loans and financing	R$ 514113	R$ 285853
Consolidated [member] | Amortized cost [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Trade accounts receivable			R$ 57185
Transactions with Related Parties			1,660
Trade accounts payable			48,518
Loans and financing			R$ 255805

Basis of preparation and pre_10

Basis of preparation and presentation (Details Textual)	12 Months Ended
	Jun. 30, 2020
Basis of preparation and presentation (Textual)
Intangible assets, estimated useful life	5 years
Current income tax	8.00%
Social contribution tax	12.00%
Deferred income tax rate	25.00%
Deferred social contribution tax rate	9.00%

Significant accounting estima_2

Significant accounting estimates and judgments (Details Textual) R$ in Thousands	12 Months Ended
	Jun. 30, 2020BRL (R$)
Bottom of range [Member]
Significant accounting estimates and judgments (Textual)
Nominal discount rate	4.82%
Top of range [Member]
Significant accounting estimates and judgments (Textual)
Nominal discount rate	6.91%
Sugarcane and grains/cotton [Member]
Significant accounting estimates and judgments (Textual)
Increase or decrease of expected productivity, percentage	1.00%
Increase or decrease in biological asset	R$ 1544
Increase or decrease in price, percentage	1.00%
Increase or decrease in biological asset, price	R$ 2203
Soybean [Member] | West Region - Bahia [Member]
Significant accounting estimates and judgments (Textual)
Average amounts arbitrated by real estate market	85.86
Soybean [Member] | Balsas Region - Maranhao [Member]
Significant accounting estimates and judgments (Textual)
Average amounts arbitrated by real estate market	86.76
Soybean [Member] | Alto Taquari Region - Mato Grosso [Member]
Significant accounting estimates and judgments (Textual)
Average amounts arbitrated by real estate market	84.05
Soybean [Member] | Mineiros Region - Goias [Member]
Significant accounting estimates and judgments (Textual)
Average amounts arbitrated by real estate market	84.05

Financial risk management (Deta

Financial risk management (Details)	Jun. 30, 2020
Interest (rate%) - August 15, 2023 [Member]
Statement Line Items [Line Items]
Probable scenario	0.0467
Devaluation in scenario I at 25%	0.035
Devaluation in scenario II at 50%	0.0234
Appreciation in scenario III at 25%	0.0584
Appreciation in scenario IV at 50%	0.0701
USD - August 31, 2020 [Member]
Statement Line Items [Line Items]
Probable scenario	0.0545
Devaluation in scenario I at 25%	0.0409
Devaluation in scenario II at 50%	0.0273
Appreciation in scenario III at 25%	0.0681
Appreciation in scenario IV at 50%	0.0818
USD - November 30, 2020 [Member]
Statement Line Items [Line Items]
Probable scenario	0.0546
Devaluation in scenario I at 25%	0.041
Devaluation in scenario II at 50%	0.0273
Appreciation in scenario III at 25%	0.0683
Appreciation in scenario IV at 50%	0.0819
USD - June 28, 2021 [Member]
Statement Line Items [Line Items]
Probable scenario	0.055
Devaluation in scenario I at 25%	0.0413
Devaluation in scenario II at 50%	0.0275
Appreciation in scenario III at 25%	0.0688
Appreciation in scenario IV at 50%	0.0825
USD - June 29, 2021 [Member]
Statement Line Items [Line Items]
Probable scenario	0.055
Devaluation in scenario I at 25%	0.0413
Devaluation in scenario II at 50%	0.0275
Appreciation in scenario III at 25%	0.0688
Appreciation in scenario IV at 50%	0.0825
USD - June 30, 2021 [Member]
Statement Line Items [Line Items]
Probable scenario	0.055
Devaluation in scenario I at 25%	0.0413
Devaluation in scenario II at 50%	0.0275
Appreciation in scenario III at 25%	0.0688
Appreciation in scenario IV at 50%	0.0825
USD - July 15, 2021 [Member]
Statement Line Items [Line Items]
Probable scenario	0.0551
Devaluation in scenario I at 25%	0.0413
Devaluation in scenario II at 50%	0.0276
Appreciation in scenario III at 25%	0.0689
Appreciation in scenario IV at 50%	0.0827
USD - November 16, 2021 [Member]
Statement Line Items [Line Items]
Probable scenario	0.0556
Devaluation in scenario I at 25%	0.0417
Devaluation in scenario II at 50%	0.0278
Appreciation in scenario III at 25%	0.0695
Appreciation in scenario IV at 50%	0.0834
USD - November 17, 2021 [Member]
Statement Line Items [Line Items]
Probable scenario	0.0556
Devaluation in scenario I at 25%	0.0417
Devaluation in scenario II at 50%	0.0278
Appreciation in scenario III at 25%	0.0695
Appreciation in scenario IV at 50%	0.0834
Soybean - R$ / bag - July 3, 2020 (CBOT) [Member]
Statement Line Items [Line Items]
Probable scenario	1.0676
Devaluation in scenario I at 25%	0.8007
Devaluation in scenario II at 50%	0.5338
Appreciation in scenario III at 25%	1.3345
Appreciation in scenario IV at 50%	1.6014
Soybean - R$ / bag - November 13, 2020 (CBOT) [Member]
Statement Line Items [Line Items]
Probable scenario	1.0651
Devaluation in scenario I at 25%	0.7988
Devaluation in scenario II at 50%	0.5326
Appreciation in scenario III at 25%	1.3314
Appreciation in scenario IV at 50%	1.5977
Soybean - R$ / bag - December 28, 2020 (CBOT) [Member]
Statement Line Items [Line Items]
Probable scenario	1.0667
Devaluation in scenario I at 25%	0.80
Devaluation in scenario II at 50%	0.5334
Appreciation in scenario III at 25%	1.3334
Appreciation in scenario IV at 50%	1.6001
Soybean - R$ / bag - February 19, 2021 (CBOT) [Member]
Statement Line Items [Line Items]
Probable scenario	1.0609
Devaluation in scenario I at 25%	0.7957
Devaluation in scenario II at 50%	0.5305
Appreciation in scenario III at 25%	1.3261
Appreciation in scenario IV at 50%	1.5914
Soybean - R$ / bag - June 25, 2021 (CBOT) [Member]
Statement Line Items [Line Items]
Probable scenario	1.0667
Devaluation in scenario I at 25%	0.80
Devaluation in scenario II at 50%	0.5334
Appreciation in scenario III at 25%	1.3334
Appreciation in scenario IV at 50%	1.6001
Corn - R$ / bag - July 15, 2020 (CBOT) [Member]
Statement Line Items [Line Items]
Probable scenario	0.481
Devaluation in scenario I at 25%	0.3608
Devaluation in scenario II at 50%	0.2405
Appreciation in scenario III at 25%	0.6013
Appreciation in scenario IV at 50%	0.7215
Corn - R$ / bag - July 16, 2020 (CBOT) [Member]
Statement Line Items [Line Items]
Probable scenario	0.4626
Devaluation in scenario I at 25%	0.347
Devaluation in scenario II at 50%	0.2313
Appreciation in scenario III at 25%	0.5783
Appreciation in scenario IV at 50%	0.6939
Corn - R$ / bag - September 15, 2020 (CBOT) [Member]
Statement Line Items [Line Items]
Probable scenario	0.4626
Devaluation in scenario I at 25%	0.347
Devaluation in scenario II at 50%	0.2313
Appreciation in scenario III at 25%	0.5783
Appreciation in scenario IV at 50%	0.6939
Corn - R$ / bag - September 16, 2020 (CBOT) [Member]
Statement Line Items [Line Items]
Probable scenario	0.4626
Devaluation in scenario I at 25%	0.347
Devaluation in scenario II at 50%	0.2313
Appreciation in scenario III at 25%	0.5783
Appreciation in scenario IV at 50%	0.6939
Corn - R$ / bag - August 27, 2021 (CBOT) [Member]
Statement Line Items [Line Items]
Probable scenario	0.4744
Devaluation in scenario I at 25%	0.3558
Devaluation in scenario II at 50%	0.2372
Appreciation in scenario III at 25%	0.593
Appreciation in scenario IV at 50%	0.7116
Fed Cattle - R$ / arroba - October 30, 2020 (BM&F) [Member]
Statement Line Items [Line Items]
Probable scenario	2.1585
Devaluation in scenario I at 25%	1.6189
Devaluation in scenario II at 50%	1.0793
Appreciation in scenario III at 25%	2.6981
Appreciation in scenario IV at 50%	3.2378
Cotton - R$ / arroba - November 13, 2020(CBOT) [Member]
Statement Line Items [Line Items]
Probable scenario	1.1025
Devaluation in scenario I at 25%	0.8269
Devaluation in scenario II at 50%	0.5513
Appreciation in scenario III at 25%	1.3781
Appreciation in scenario IV at 50%	1.6538
Cotton - R$ / arroba - December 8, 2020(CBOT) [Member]
Statement Line Items [Line Items]
Probable scenario	1.1025
Devaluation in scenario I at 25%	0.8269
Devaluation in scenario II at 50%	0.5513
Appreciation in scenario III at 25%	1.3781
Appreciation in scenario IV at 50%	1.6538
Cotton - R$ / arroba - November 12, 2021(CBOT) [Member]
Statement Line Items [Line Items]
Probable scenario	1.0916
Devaluation in scenario I at 25%	0.8187
Devaluation in scenario II at 50%	0.5458
Appreciation in scenario III at 25%	1.3645
Appreciation in scenario IV at 50%	1.6374

Financial risk management (De_2

Financial risk management (Details 1) R$ in Thousands	Jun. 30, 2020BRL (R$)
Short-term investments [Member] | CDI [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 141095	[1]
Notional amount of financial instruments
Rate of financial instruments	2.15%	[1]
Scenario I - Probable	R$ 310	[1]
Rate of scenario I - Probable	2.37%	[1]
Devaluation in scenario I at 25% possible	R$ 832	[1]
Rate of devaluation in scenario I at 25% possible	1.78%	[1]
Devaluation in scenario II at 50% remote	R$ 1679	[1]
Rate of devaluation in scenario II at 50% remote	1.19%	[1]
Appreciation in scenario I at 25% possible	R$ 832	[1]
Rate of appreciation in scenario I at 25% possible	2.96%	[1]
Appreciation in scenario II at 50% remote	R$ 1679	[1]
Rate of appreciation in scenario II at 50% remote	3.56%	[1]
Marketable securities [Member] | CDI [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 5044	[1]
Notional amount of financial instruments
Rate of financial instruments	2.15%	[1]
Scenario I - Probable	R$ 11	[1]
Rate of scenario I - Probable	2.37%	[1]
Devaluation in scenario I at 25% possible	R$ 30	[1]
Rate of devaluation in scenario I at 25% possible	1.78%	[1]
Devaluation in scenario II at 50% remote	R$ 60	[1]
Rate of devaluation in scenario II at 50% remote	1.19%	[1]
Appreciation in scenario I at 25% possible	R$ 30	[1]
Rate of appreciation in scenario I at 25% possible	2.96%	[1]
Appreciation in scenario II at 50% remote	R$ 60	[1]
Rate of appreciation in scenario II at 50% remote	3.56%	[1]
Cash - USD [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 27688	[1]
Notional amount of financial instruments	R$ 5056
Rate of financial instruments	5.48%	[1]
Scenario I - Probable	R$ 126	[1]
Rate of scenario I - Probable	5.50%	[1]
Devaluation in scenario I at 25% possible	R$ 6954	[1]
Rate of devaluation in scenario I at 25% possible	4.13%	[1]
Devaluation in scenario II at 50% remote	R$ 13907	[1]
Rate of devaluation in scenario II at 50% remote	2.75%	[1]
Appreciation in scenario I at 25% possible	R$ 6954	[1]
Rate of appreciation in scenario I at 25% possible	6.88%	[1]
Appreciation in scenario II at 50% remote	R$ 13907	[1]
Rate of appreciation in scenario II at 50% remote	8.25%	[1]
Total cash, cash equivalents [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 173827	[1]
Notional amount of financial instruments	5,056
Scenario I - Probable	(447)	[1]
Devaluation in scenario I at 25% possible	(7,816)	[1]
Devaluation in scenario II at 50% remote	(15,646)	[1]
Appreciation in scenario I at 25% possible	7,816	[1]
Appreciation in scenario II at 50% remote	15,646	[1]
Financing in Paraguay - Palmeiras [Member] | USD [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	(8,590)	[1]
Notional amount of financial instruments	R$ 1569
Rate of financial instruments	5.48%	[1]
Scenario I - Probable	R$ 216	[1]
Rate of scenario I - Probable	5.50%	[1]
Devaluation in scenario I at 25% possible	R$ 11814	[1]
Rate of devaluation in scenario I at 25% possible	4.13%	[1]
Devaluation in scenario II at 50% remote	R$ 23628	[1]
Rate of devaluation in scenario II at 50% remote	2.75%	[1]
Appreciation in scenario I at 25% possible	R$ 11814	[1]
Rate of appreciation in scenario I at 25% possible	6.88%	[1]
Appreciation in scenario II at 50% remote	R$ 23628	[1]
Rate of appreciation in scenario II at 50% remote	8.25%	[1]
Debentures [Member] | CDI [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 148432	[1]
Notional amount of financial instruments
Rate of financial instruments	2.15%	[1]
Scenario I - Probable	R$ 327	[1]
Rate of scenario I - Probable	2.37%	[1]
Devaluation in scenario I at 25% possible	R$ 876	[1]
Rate of devaluation in scenario I at 25% possible	1.78%	[1]
Devaluation in scenario II at 50% remote	R$ 1766	[1]
Rate of devaluation in scenario II at 50% remote	1.19%	[1]
Appreciation in scenario I at 25% possible	R$ 876	[1]
Rate of appreciation in scenario I at 25% possible	2.96%	[1]
Appreciation in scenario II at 50% remote	R$ 1766	[1]
Rate of appreciation in scenario II at 50% remote	3.56%	[1]
Financing for agricultural costs [Member] | CDI [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 40568	[1]
Notional amount of financial instruments
Rate of financial instruments	2.15%	[1]
Scenario I - Probable	R$ 89	[1]
Rate of scenario I - Probable	2.37%	[1]
Devaluation in scenario I at 25% possible	R$ 243	[1]
Rate of devaluation in scenario I at 25% possible	1.78%	[1]
Devaluation in scenario II at 50% remote	R$ 483	[1]
Rate of devaluation in scenario II at 50% remote	1.19%	[1]
Appreciation in scenario I at 25% possible	R$ 243	[1]
Rate of appreciation in scenario I at 25% possible	2.96%	[1]
Appreciation in scenario II at 50% remote	R$ 483	[1]
Rate of appreciation in scenario II at 50% remote	3.56%	[1]
Financing for working capital [Member] | CDI [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 77516	[1]
Notional amount of financial instruments
Rate of financial instruments	4.94%	[1]
Scenario I - Probable		[1]
Rate of scenario I - Probable	4.94%	[1]
Devaluation in scenario I at 25% possible	R$ 961	[1]
Rate of devaluation in scenario I at 25% possible	3.71%	[1]
Devaluation in scenario II at 50% remote	R$ 1915	[1]
Rate of devaluation in scenario II at 50% remote	2.47%	[1]
Appreciation in scenario I at 25% possible	R$ 961	[1]
Rate of appreciation in scenario I at 25% possible	6.18%	[1]
Appreciation in scenario II at 50% remote	R$ 1915	[1]
Rate of appreciation in scenario II at 50% remote	7.41%	[1]
Total Financing [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 275106	[1],[2]
Notional amount of financial instruments	(1,569)
Scenario I - Probable	(632)	[1],[2]
Devaluation in scenario I at 25% possible	13,894	[1],[2]
Devaluation in scenario II at 50% remote	27,792	[1],[2]
Appreciation in scenario I at 25% possible	(13,894)	[1],[2]
Appreciation in scenario II at 50% remote	(27,792)	[1],[2]
Araucária III [Member] | Soybean Bags [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	3,336	[1]
Notional amount of financial instruments	R$ 39254
Rate of financial instruments	88.20%	[1]
Scenario I - Probable		[1]
Rate of scenario I - Probable	88.20%	[1]
Devaluation in scenario I at 25% possible	R$ 834	[1]
Rate of devaluation in scenario I at 25% possible	66.15%	[1]
Devaluation in scenario II at 50% remote	R$ 1668	[1]
Rate of devaluation in scenario II at 50% remote	44.10%	[1]
Appreciation in scenario I at 25% possible	R$ 834	[1]
Rate of appreciation in scenario I at 25% possible	110.25%	[1]
Appreciation in scenario II at 50% remote	R$ 1668	[1]
Rate of appreciation in scenario II at 50% remote	132.30%	[1]
Araucaria IV [Member] | Soybean Bags [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 7258	[1]
Notional amount of financial instruments	R$ 84929
Rate of financial instruments	88.20%	[1]
Scenario I - Probable		[1]
Rate of scenario I - Probable	88.20%	[1]
Devaluation in scenario I at 25% possible	R$ 1815	[1]
Rate of devaluation in scenario I at 25% possible	66.01%	[1]
Devaluation in scenario II at 50% remote	R$ 3629	[1]
Rate of devaluation in scenario II at 50% remote	44.01%	[1]
Appreciation in scenario I at 25% possible	R$ 1815	[1]
Rate of appreciation in scenario I at 25% possible	110.02%	[1]
Appreciation in scenario II at 50% remote	R$ 3629	[1]
Rate of appreciation in scenario II at 50% remote	132.02%	[1]
Araucaria V [Member] | Soybean Bags [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 37504	[1]
Notional amount of financial instruments	R$ 450000
Rate of financial instruments	92.50%	[1]
Scenario I - Probable		[1]
Rate of scenario I - Probable	92.50%	[1]
Devaluation in scenario I at 25% possible	R$ 9376	[1]
Rate of devaluation in scenario I at 25% possible	69.38%	[1]
Devaluation in scenario II at 50% remote	R$ 18752	[1]
Rate of devaluation in scenario II at 50% remote	46.25%	[1]
Appreciation in scenario I at 25% possible	R$ 9376	[1]
Rate of appreciation in scenario I at 25% possible	115.63%	[1]
Appreciation in scenario II at 50% remote	R$ 18752	[1]
Rate of appreciation in scenario II at 50% remote	138.75%	[1]
Jatoba I [Member] | Soybean Bags [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 2569	[1]
Notional amount of financial instruments	R$ 30000
Rate of financial instruments	87.40%	[1]
Scenario I - Probable		[1]
Rate of scenario I - Probable	87.40%	[1]
Devaluation in scenario I at 25% possible	R$ 642	[1]
Rate of devaluation in scenario I at 25% possible	65.55%	[1]
Devaluation in scenario II at 50% remote	R$ 1285	[1]
Rate of devaluation in scenario II at 50% remote	43.70%	[1]
Appreciation in scenario I at 25% possible	R$ 642	[1]
Rate of appreciation in scenario I at 25% possible	109.25%	[1]
Appreciation in scenario II at 50% remote	R$ 1285	[1]
Rate of appreciation in scenario II at 50% remote	131.10%	[1]
Jatobá II [Member] | Soybean Bags [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 129741	[1]
Notional amount of financial instruments	R$ 1571397
Rate of financial instruments	97.76%	[1]
Scenario I - Probable		[1]
Rate of scenario I - Probable	97.76%	[1]
Devaluation in scenario I at 25% possible	R$ 32435	[1]
Rate of devaluation in scenario I at 25% possible	73.32%	[1]
Devaluation in scenario II at 50% remote	R$ 64871	[1]
Rate of devaluation in scenario II at 50% remote	48.88%	[1]
Appreciation in scenario I at 25% possible	R$ 32435	[1]
Rate of appreciation in scenario I at 25% possible	122.20%	[1]
Appreciation in scenario II at 50% remote	R$ 64871	[1]
Rate of appreciation in scenario II at 50% remote	146.64%	[1]
Jatoba III [Member] | Soybean Bags [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 47384	[1]
Notional amount of financial instruments	R$ 563844
Rate of financial instruments	97.81%	[1]
Scenario I - Probable		[1]
Rate of scenario I - Probable	97.81%	[1]
Devaluation in scenario I at 25% possible	R$ 11846	[1]
Rate of devaluation in scenario I at 25% possible	73.36%	[1]
Devaluation in scenario II at 50% remote	R$ 23692	[1]
Rate of devaluation in scenario II at 50% remote	48.91%	[1]
Appreciation in scenario I at 25% possible	R$ 11846	[1]
Rate of appreciation in scenario I at 25% possible	122.27%	[1]
Appreciation in scenario II at 50% remote	R$ 23692	[1]
Rate of appreciation in scenario II at 50% remote	146.72%	[1]
Jatoba IV [Member] | Soybean Bags [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 15481	[1]
Notional amount of financial instruments	R$ 184000
Rate of financial instruments	93.10%	[1]
Scenario I - Probable		[1]
Rate of scenario I - Probable	93.10%	[1]
Devaluation in scenario I at 25% possible	R$ 3870	[1]
Rate of devaluation in scenario I at 25% possible	69.83%	[1]
Devaluation in scenario II at 50% remote	R$ 7741	[1]
Rate of devaluation in scenario II at 50% remote	46.55%	[1]
Appreciation in scenario I at 25% possible	R$ 3870	[1]
Rate of appreciation in scenario I at 25% possible	116.38%	[1]
Appreciation in scenario II at 50% remote	R$ 7741	[1]
Rate of appreciation in scenario II at 50% remote	139.66%	[1]
Jatoba V [Member] | Soybean Bags [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 33029	[1]
Notional amount of financial instruments	R$ 397368
Rate of financial instruments	95.73%	[1]
Scenario I - Probable		[1]
Rate of scenario I - Probable	95.73%	[1]
Devaluation in scenario I at 25% possible	R$ 8257	[1]
Rate of devaluation in scenario I at 25% possible	71.80%	[1]
Devaluation in scenario II at 50% remote	R$ 16515	[1]
Rate of devaluation in scenario II at 50% remote	47.86%	[1]
Appreciation in scenario I at 25% possible	R$ 8257	[1]
Rate of appreciation in scenario I at 25% possible	119.66%	[1]
Appreciation in scenario II at 50% remote	R$ 16515	[1]
Rate of appreciation in scenario II at 50% remote	143.59%	[1]
Alto Taquari I [Member] | Soybean Bags [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 3545	[1]
Notional amount of financial instruments	R$ 45312
Rate of financial instruments	86.24%	[1]
Scenario I - Probable		[1]
Rate of scenario I - Probable	86.24%	[1]
Devaluation in scenario I at 25% possible	R$ 886	[1]
Rate of devaluation in scenario I at 25% possible	64.68%	[1]
Devaluation in scenario II at 50% remote	R$ 1773	[1]
Rate of devaluation in scenario II at 50% remote	43.12%	[1]
Appreciation in scenario I at 25% possible	R$ 886	[1]
Rate of appreciation in scenario I at 25% possible	107.80%	[1]
Appreciation in scenario II at 50% remote	R$ 1773	[1]
Rate of appreciation in scenario II at 50% remote	129.36%	[1]
Alto Taquari II [Member] | Soybean Bags [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 3554	[1]
Notional amount of financial instruments	R$ 42900
Rate of financial instruments	88.55%	[1]
Scenario I - Probable		[1]
Rate of scenario I - Probable	88.55%	[1]
Devaluation in scenario I at 25% possible	R$ 889	[1]
Rate of devaluation in scenario I at 25% possible	66.41%	[1]
Devaluation in scenario II at 50% remote	R$ 1777	[1]
Rate of devaluation in scenario II at 50% remote	44.27%	[1]
Appreciation in scenario I at 25% possible	R$ 889	[1]
Rate of appreciation in scenario I at 25% possible	110.68%	[1]
Appreciation in scenario II at 50% remote	R$ 1777	[1]
Rate of appreciation in scenario II at 50% remote	132.82%	[1]
Alto Taquari III [Member] | Soybean Bags [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 7946	[1]
Notional amount of financial instruments	R$ 93478
Rate of financial instruments	88.55%	[1]
Scenario I - Probable		[1]
Rate of scenario I - Probable	88.55%	[1]
Devaluation in scenario I at 25% possible	R$ 1987	[1]
Rate of devaluation in scenario I at 25% possible	66.41%	[1]
Devaluation in scenario II at 50% remote	R$ 3973	[1]
Rate of devaluation in scenario II at 50% remote	44.27%	[1]
Appreciation in scenario I at 25% possible	R$ 1987	[1]
Rate of appreciation in scenario I at 25% possible	110.68%	[1]
Appreciation in scenario II at 50% remote	R$ 3973	[1]
Rate of appreciation in scenario II at 50% remote	132.82%	[1]
Total receivables from farms [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 291347	[1]
Notional amount of financial instruments	3,502,482
Scenario I - Probable		[1]
Devaluation in scenario I at 25% possible	(72,837)	[1]
Devaluation in scenario II at 50% remote	(145,676)	[1]
Appreciation in scenario I at 25% possible	72,837	[1]
Appreciation in scenario II at 50% remote	145,676	[1]
Operations With Derivatives [Member] | Cattle [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments		[1]
Notional amount of financial instruments	R$ 54450
Rate of financial instruments		[1],[3]
Scenario I - Probable		[1]
Rate of scenario I - Probable		[1]
Devaluation in scenario I at 25% possible	R$ 3711	[1]
Rate of devaluation in scenario I at 25% possible		[1]
Devaluation in scenario II at 50% remote	R$ 8065	[1]
Rate of devaluation in scenario II at 50% remote		[1]
Appreciation in scenario I at 25% possible	R$ 4999	[1]
Rate of appreciation in scenario I at 25% possible		[1]
Appreciation in scenario II at 50% remote	R$ 9354	[1]
Rate of appreciation in scenario II at 50% remote		[1]
Operations With Derivatives [Member] | USD [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 12007	[1]
Notional amount of financial instruments	R$ 38020
Rate of financial instruments		[1],[3]
Scenario I - Probable	R$ 12007	[1]
Rate of scenario I - Probable		[1]
Devaluation in scenario I at 25% possible	R$ 39271	[1]
Rate of devaluation in scenario I at 25% possible		[1]
Devaluation in scenario II at 50% remote	R$ 90548	[1]
Rate of devaluation in scenario II at 50% remote		[1]
Appreciation in scenario I at 25% possible	R$ 63285	[1]
Rate of appreciation in scenario I at 25% possible		[1]
Appreciation in scenario II at 50% remote	R$ 114563	[1]
Rate of appreciation in scenario II at 50% remote		[1]
Operations With Derivatives [Member] | Grains [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 3785	[1]
Notional amount of financial instruments	R$ 1815489
Rate of financial instruments		[1],[3]
Scenario I - Probable	R$ 3984	[1]
Rate of scenario I - Probable		[1]
Devaluation in scenario I at 25% possible	R$ 29285	[1]
Rate of devaluation in scenario I at 25% possible		[1]
Devaluation in scenario II at 50% remote	R$ 62554	[1]
Rate of devaluation in scenario II at 50% remote		[1]
Appreciation in scenario I at 25% possible	R$ 37252	[1]
Rate of appreciation in scenario I at 25% possible		[1]
Appreciation in scenario II at 50% remote	R$ 70521	[1]
Rate of appreciation in scenario II at 50% remote		[1]
Operations With Derivatives [Member] | Cotton [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 651	[1]
Notional amount of financial instruments	R$ 1518
Rate of financial instruments		[1],[3]
Scenario I - Probable	R$ 647	[1]
Rate of scenario I - Probable		[1]
Devaluation in scenario I at 25% possible	R$ 3985	[1]
Rate of devaluation in scenario I at 25% possible		[1]
Devaluation in scenario II at 50% remote	R$ 7322	[1]
Rate of devaluation in scenario II at 50% remote		[1]
Appreciation in scenario I at 25% possible	R$ 2690	[1]
Rate of appreciation in scenario I at 25% possible		[1]
Appreciation in scenario II at 50% remote	R$ 6027	[1]
Rate of appreciation in scenario II at 50% remote		[1]
Operations With Derivatives [Member] | Ethanol [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments		[1]
Notional amount of financial instruments	R$ 750
Rate of financial instruments		[1],[3]
Scenario I - Probable		[1]
Rate of scenario I - Probable		[1],[3]
Devaluation in scenario I at 25% possible	R$ 336	[1]
Rate of devaluation in scenario I at 25% possible		[1],[3]
Devaluation in scenario II at 50% remote	R$ 672	[1]
Rate of devaluation in scenario II at 50% remote		[1],[3]
Appreciation in scenario I at 25% possible	R$ 336	[1]
Rate of appreciation in scenario I at 25% possible		[1],[3]
Appreciation in scenario II at 50% remote	R$ 672	[1]
Rate of appreciation in scenario II at 50% remote		[1],[3]
Operations With Derivatives [Member] | Swap [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 1257	[1]
Notional amount of financial instruments	R$ 11847
Rate of financial instruments		[1],[3]
Scenario I - Probable	R$ 1554	[1]
Rate of scenario I - Probable		[1]
Devaluation in scenario I at 25% possible	R$ 1733	[1]
Rate of devaluation in scenario I at 25% possible		[1]
Devaluation in scenario II at 50% remote	R$ 1919	[1]
Rate of devaluation in scenario II at 50% remote		[1]
Appreciation in scenario I at 25% possible	R$ 1378	[1]
Rate of appreciation in scenario I at 25% possible		[1]
Appreciation in scenario II at 50% remote	R$ 1207	[1]
Rate of appreciation in scenario II at 50% remote		[1]
Margin - LFT Socopa [Member] | SELIC [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 3015	[1]
Notional amount of financial instruments
Rate of financial instruments	2.15%	[1]
Scenario I - Probable	R$ 7	[1]
Rate of scenario I - Probable	2.37%	[1]
Devaluation in scenario I at 25% possible	R$ 18	[1]
Rate of devaluation in scenario I at 25% possible	1.78%	[1]
Devaluation in scenario II at 50% remote	R$ 36	[1]
Rate of devaluation in scenario II at 50% remote	1.19%	[1]
Appreciation in scenario I at 25% possible	R$ 18	[1]
Rate of appreciation in scenario I at 25% possible	2.96%	[1]
Appreciation in scenario II at 50% remote	R$ 36	[1]
Rate of appreciation in scenario II at 50% remote	3.56%	[1]
Total Derivatives [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 10869	[1],[3]
Scenario I - Probable	(13,797)	[1],[3]
Devaluation in scenario I at 25% possible	78,303	[1],[3]
Devaluation in scenario II at 50% remote	171,044	[1],[3]
Appreciation in scenario I at 25% possible	(107,166)	[1],[3]
Appreciation in scenario II at 50% remote	(199,894)	[1],[3]
Cresca [Member] | USD [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	(1,724)	[1]
Notional amount of financial instruments	R$ 315
Rate of financial instruments	5.48%	[1]
Scenario I - Probable	R$ 9	[1]
Rate of scenario I - Probable	5.50%	[1]
Devaluation in scenario I at 25% possible	R$ 433	[1]
Rate of devaluation in scenario I at 25% possible	4.13%	[1]
Devaluation in scenario II at 50% remote	R$ 866	[1]
Rate of devaluation in scenario II at 50% remote	2.75%	[1]
Appreciation in scenario I at 25% possible	R$ 433	[1]
Rate of appreciation in scenario I at 25% possible	6.88%	[1]
Appreciation in scenario II at 50% remote	R$ 866	[1]
Rate of appreciation in scenario II at 50% remote	8.25%	[1]
Cresud [Member] | USD [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 314	[1]
Notional amount of financial instruments	R$ 57
Rate of financial instruments	5.48%	[1]
Scenario I - Probable		[1]
Rate of scenario I - Probable	5.50%	[1]
Devaluation in scenario I at 25% possible	R$ 78	[1]
Rate of devaluation in scenario I at 25% possible	4.13%	[1]
Devaluation in scenario II at 50% remote	R$ 157	[1]
Rate of devaluation in scenario II at 50% remote	2.75%	[1]
Appreciation in scenario I at 25% possible	R$ 78	[1]
Rate of appreciation in scenario I at 25% possible	6.88%	[1]
Appreciation in scenario II at 50% remote	R$ 157	[1]
Rate of appreciation in scenario II at 50% remote	8.25%	[1]
Total Related Parties [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 1410	[1]
Notional amount of financial instruments	(258)
Scenario I - Probable	(9)	[1]
Devaluation in scenario I at 25% possible	355	[1]
Devaluation in scenario II at 50% remote	709	[1]
Appreciation in scenario I at 25% possible	(355)	[1]
Appreciation in scenario II at 50% remote	(709)	[1]
Serra Grande Farm [Member] | Soybean Bags [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	(14,263)	[1]
Notional amount of financial instruments	R$ 162000
Rate of financial instruments	91.29%	[1]
Scenario I - Probable		[1]
Rate of scenario I - Probable	91.29%	[1]
Devaluation in scenario I at 25% possible	R$ 3566	[1]
Rate of devaluation in scenario I at 25% possible	68.47%	[1]
Devaluation in scenario II at 50% remote	R$ 7132	[1]
Rate of devaluation in scenario II at 50% remote	45.64%	[1]
Appreciation in scenario I at 25% possible	R$ 3566	[1]
Rate of appreciation in scenario I at 25% possible	114.11%	[1]
Appreciation in scenario II at 50% remote	R$ 7132	[1]
Rate of appreciation in scenario II at 50% remote	136.93%	[1]
Total Acquisitions payable [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Financial instruments	R$ 14263	[1]
Notional amount of financial instruments	162,000
Scenario I - Probable		[1]
Devaluation in scenario I at 25% possible	3,566	[1]
Devaluation in scenario II at 50% remote	7,132	[1]
Appreciation in scenario I at 25% possible	(3,566)	[1]
Appreciation in scenario II at 50% remote	R$ 7132	[1]
[1]	SOURCE Risks: Bloomberg
[2]	The sensitivity analyses do not consider financing transactions with fixed rate.
[3]	For sensitivity analysis of derivative positions, forward rates and prices at each maturity date of the operation were used, according to the table above.

Financial risk management (De_3

Financial risk management (Details 2) - BRL (R$) R$ in Thousands	Jun. 30, 2020	Jun. 30, 2019
Disclosure of amounts to be recovered or settled after twelve months for classes of assets and liabilities that contain amounts to be recovered or settled both no more and more than twelve months after reporting date [line items]
Trade payable	R$ 55603	R$ 37710
Derivative financial instruments	19,795	11,055
Loans, financing and debentures	514,113	285,853
Leases payable	152,363	47,446
Transactions with related parties	2,849	2,405
Other liabilities	39,391
Less than one year [Member]
Disclosure of amounts to be recovered or settled after twelve months for classes of assets and liabilities that contain amounts to be recovered or settled both no more and more than twelve months after reporting date [line items]
Trade payable	55,603	37,710
Derivative financial instruments	18,333	11,055
Loans, financing and debentures	217,274	76,608
Leases payable	25,849	26,503
Transactions with related parties	2,849	2,405
Other liabilities	5,017
From one to two years [member]
Disclosure of amounts to be recovered or settled after twelve months for classes of assets and liabilities that contain amounts to be recovered or settled both no more and more than twelve months after reporting date [line items]
Trade payable
Derivative financial instruments	1,462
Loans, financing and debentures	198,793	78,326
Leases payable	26,200
Transactions with related parties
Other liabilities	29,777
From three to five years [Member]
Disclosure of amounts to be recovered or settled after twelve months for classes of assets and liabilities that contain amounts to be recovered or settled both no more and more than twelve months after reporting date [line items]
Trade payable
Derivative financial instruments
Loans, financing and debentures	82,037	124,191
Leases payable	45,330
Transactions with related parties
Other liabilities	4,597
Above five years [Member]
Disclosure of amounts to be recovered or settled after twelve months for classes of assets and liabilities that contain amounts to be recovered or settled both no more and more than twelve months after reporting date [line items]
Trade payable
Derivative financial instruments
Loans, financing and debentures	16,009	6,728
Leases payable	54,984	20,943
Transactions with related parties
Other liabilities

Financial risk management (De_4

Financial risk management (Details 3) - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Financial Risk Management [Abstract]
Loans, financing and debentures (Note 16)	R$ 514113	R$ 285853
Total acquisitions payable (Note 18)	39,391
Total derivative financial instruments (Note 6)	10,869	4,136
Liabilities	564,373	289,989
Less: cash and cash equivalents (Note 5.1)	(171,045)	(106,627)
Less: marketable securities (Notes 5.2)	(5,044)	(13,152)
Total Securities	(176,089)	(119,779)
Net debt	388,284	170,210
Total equity	R$ 1121569	R$ 880533	R$ 755864	R$ 667468
Financial leverage ratio	34.62%	19.33%

Financial risk management (De_5

Financial risk management (Details 4) - BRL (R$) R$ in Thousands		Jun. 30, 2020		Jun. 30, 2019		Jun. 30, 2018
Current
Trade accounts receivable, net		R$ 145692		R$ 112646
Derivative operations		7,180		5,906
Biological assets		115,553		99,881
Noncurrent
Trade accounts receivable, net		240,407		180,597
Derivative financial instruments		1,746		1,013
Biological assets		25,444		23,235
Investment properties		858,261		548,717		R$ 557152
Related-party transactions		1,511
Current
Derivative financial instruments		18,333		11,055
Noncurrent
Derivative financial instruments		1,462
Financial liabilities measured at amortized cost [Member]
Current
Trade payables		55,603		37,710
Loans, financing and debentures	[1]	217,274		76,608
Transactions with related parties		2,849		2,405
Noncurrent
Loans, financing and debentures	[1]	296,839		209,245
Fair value [Member] | Financial liabilities measured at amortized cost [Member]
Current
Trade payables		55,603		37,710
Loans, financing and debentures	[1]	217,274		76,608
Transactions with related parties		2,849		2,405
Noncurrent
Loans, financing and debentures	[1]	296,839		209,245
Financial assets measured at amortized cost [Member]
Current
Trade accounts receivable, net		72,014	[2]	71,295
Transactions with related parties		701		1,987
Noncurrent
Related-party transactions		1,511
Financial assets measured at amortized cost [Member] | Fair value [Member]
Current
Trade accounts receivable, net		72,014	[2]	71,295
Transactions with related parties		701		1,987
Noncurrent
Related-party transactions		1,511
Financial assets measured at fair value through profit and loss [Member]
Current
Cash equivalents		141,095		81,013
Marketable securities				4,038
Receivables from sales of farms, net	[2]	73,678		41,351
Derivative operations	[3]	7,180		5,906
Noncurrent
Marketable securities		5,044		9,114
Receivables from sales of farms, net		240,074		180,597	[2]
Derivative financial instruments	[3]	1,746		1,013
Financial assets measured at fair value through profit and loss [Member] | Fair value [Member]
Current
Cash equivalents		141,095		81,013
Marketable securities				4,038
Receivables from sales of farms, net	[2]	73,678		41,351
Derivative operations	[3]	7,180		5,906
Noncurrent
Marketable securities		5,044		9,114
Receivables from sales of farms, net		240,074		180,597	[2]
Derivative financial instruments	[3]	1,746	[2]	1,013
Non-financial assets measured at fair value [Member]
Current
Biological assets		115,553		99,881
Noncurrent
Biological assets		25,444		23,235
Non-financial assets measured at fair value [Member] | Fair value [Member]
Current
Biological assets		115,553		99,881
Noncurrent
Biological assets		25,444		23,235
Non-financial assets measured at cost [Member]
Noncurrent
Investment properties		814,398		526,956
Non-financial assets measured at cost [Member] | Fair value [Member]
Noncurrent
Investment properties		1,872,701		1,471,248
Financial liabilities measured at fair value through profit and loss [Member]
Current
Leases payable		25,849		26,503
Derivative financial instruments	[3]	18,333		11,055
Accounts payable for acquisition of Serra Grande Farm		5,017
Noncurrent
Leases payable		126,514		20,943
Derivative financial instruments	[3]	1,462
Restricted shares		13,490
Agrifirma warrants		10,860
Agrifirma warrant dividends		778
Accounts payable for acquisition of Serra Grande Farm		9,246
Financial liabilities measured at fair value through profit and loss [Member] | Fair value [Member]
Current
Leases payable		25,849		26,503
Derivative financial instruments	[3]	18,333		11,055
Accounts payable for acquisition of Serra Grande Farm		5,017
Noncurrent
Leases payable		126,514		20,943
Derivative financial instruments	[3]	1,462
Restricted shares		13,490
Agrifirma warrants		10,860
Agrifirma warrant dividends		778
Accounts payable for acquisition of Serra Grande Farm		9,246
Quoted prices in active markets (Level 1) [Member] | Financial liabilities measured at amortized cost [Member]
Current
Trade payables
Loans, financing and debentures	[1]
Transactions with related parties
Noncurrent
Loans, financing and debentures	[1]
Quoted prices in active markets (Level 1) [Member] | Financial assets measured at amortized cost [Member]
Current
Trade accounts receivable, net			[2]
Transactions with related parties
Noncurrent
Related-party transactions
Quoted prices in active markets (Level 1) [Member] | Financial assets measured at fair value through profit and loss [Member]
Current
Cash equivalents		141,095		81,013
Marketable securities				4,038
Receivables from sales of farms, net	[2]
Derivative operations	[3]	6,121		3,084
Noncurrent
Marketable securities		5,044		9,114
Receivables from sales of farms, net					[2]
Derivative financial instruments	[3]	305	[2]	27
Quoted prices in active markets (Level 1) [Member] | Non-financial assets measured at fair value [Member]
Current
Biological assets
Noncurrent
Biological assets
Quoted prices in active markets (Level 1) [Member] | Non-financial assets measured at cost [Member]
Noncurrent
Investment properties
Quoted prices in active markets (Level 1) [Member] | Financial liabilities measured at fair value through profit and loss [Member]
Current
Trade payables
Loans, financing and debentures	[1]
Leases payable
Derivative financial instruments	[3]	5,900		9,127
Accounts payable for acquisition of Serra Grande Farm
Transactions with related parties
Noncurrent
Loans, financing and debentures	[1]
Leases payable
Derivative financial instruments	[3]	645
Restricted shares		13,490
Agrifirma warrants
Agrifirma warrant dividends
Accounts payable for acquisition of Serra Grande Farm
Significant observable data (Level 2) [Member] | Financial liabilities measured at amortized cost [Member]
Current
Trade payables		55,603		37,710
Loans, financing and debentures	[1]	217,274		76,608
Transactions with related parties		2,849		2,405
Noncurrent
Loans, financing and debentures	[1]	296,839		209,245
Significant observable data (Level 2) [Member] | Financial assets measured at amortized cost [Member]
Current
Trade accounts receivable, net		72,014	[2]	71,295
Transactions with related parties		701		1,987
Noncurrent
Related-party transactions		1,511
Significant observable data (Level 2) [Member] | Financial assets measured at fair value through profit and loss [Member]
Current
Cash equivalents
Marketable securities
Receivables from sales of farms, net	[2]
Derivative operations	[3]	1,059		2,822
Noncurrent
Marketable securities
Receivables from sales of farms, net					[2]
Derivative financial instruments	[3]	1,441	[2]	986
Significant observable data (Level 2) [Member] | Non-financial assets measured at fair value [Member]
Current
Biological assets		9,037		13,887
Noncurrent
Biological assets		25,444		23,235
Significant observable data (Level 2) [Member] | Non-financial assets measured at cost [Member]
Noncurrent
Investment properties
Significant observable data (Level 2) [Member] | Financial liabilities measured at fair value through profit and loss [Member]
Current
Leases payable		25,849		26,503
Derivative financial instruments	[3]	12,433		1,928
Accounts payable for acquisition of Serra Grande Farm
Noncurrent
Leases payable		126,514		20,943
Derivative financial instruments	[3]	817
Restricted shares
Agrifirma warrants		10,860
Agrifirma warrant dividends
Accounts payable for acquisition of Serra Grande Farm
Significant non-observable data (Level 3) [Member] | Financial liabilities measured at amortized cost [Member]
Current
Trade payables
Loans, financing and debentures	[1]
Transactions with related parties
Noncurrent
Loans, financing and debentures	[1]
Significant non-observable data (Level 3) [Member] | Financial assets measured at amortized cost [Member]
Current
Trade accounts receivable, net			[2]
Transactions with related parties
Noncurrent
Related-party transactions
Significant non-observable data (Level 3) [Member] | Financial assets measured at fair value through profit and loss [Member]
Current
Cash equivalents
Marketable securities
Receivables from sales of farms, net	[2]	73,678		41,351
Derivative operations	[3]
Noncurrent
Marketable securities
Receivables from sales of farms, net		240,074		180,597	[2]
Derivative financial instruments	[3]		[2]
Significant non-observable data (Level 3) [Member] | Non-financial assets measured at fair value [Member]
Current
Biological assets		106,516		85,994
Noncurrent
Biological assets
Significant non-observable data (Level 3) [Member] | Non-financial assets measured at cost [Member]
Noncurrent
Investment properties		1,872,701		1,471,248
Significant non-observable data (Level 3) [Member] | Financial liabilities measured at fair value through profit and loss [Member]
Current
Leases payable
Derivative financial instruments	[3]
Accounts payable for acquisition of Serra Grande Farm		5,017
Noncurrent
Leases payable
Derivative financial instruments	[3]
Restricted shares
Agrifirma warrants
Agrifirma warrant dividends		778
Accounts payable for acquisition of Serra Grande Farm		R$ 9246
[1]	The book value of loans, financing and debentures presented in the financial statements approximates the fair value, since the rates of these instruments are substantially subsidized and there is no intention of early settlement;
[2]	Due to market volatility, one of the non-observable inputs became significant and the receivables from sales of farms were reclassified from Level 2 to Level 3. The Company's policy is to recognize transfers from and to Level 3 on the date of the event or change in the circumstances that caused the transfer.
[3]	The derivative transactions negotiated at active market are measured at fair value at Level 1, over-the-counter transactions are measured at Level 2, as presented in the table above

Financial risk management (De_6

Financial risk management (Details 5)	12 Months Ended
	Jun. 30, 2020
Statement Line Items [Line Items]
Description	Receivables from sales of farms
Evaluation method	Discounted cash flow
Significant non-observable inputs	Premium (or Basis)
Variation of non-observable inputs	(0.18) - 0.02 USD/bu
Sensitivity of inputs to fair value	The increase or decrease of 0.20 USD/bu in the premium (or basis) paid for the soybean would result in an impact of R$7,061. An increase or decrease of 2,4% in the receivables from the farm.
Level 3 [Member]
Statement Line Items [Line Items]
Description	Payables due to acquisition of Serra Grande Farm
Evaluation method	Discounted cash flow
Significant non-observable inputs	Premium (or Basis)
Variation of non-observable inputs	(0.38) -0.02 USD/bu
Sensitivity of inputs to fair value	The increase or decrease of 0.20 USD/bu in the premium (or basis) paid for the soybean would result in an impact of R$380.185. An increase or decrease of 2.7% in payables for the farm.

Cash and cash equivalents and_3

Cash and cash equivalents and marketable securities (Details) - BRL (R$) R$ in Thousands		12 Months Ended
		Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Disclosure of detailed information about borrowings [line items]
Total		R$ 171045	R$ 106627	R$ 104314	R$ 43798
Cash and banks [Member]
Disclosure of detailed information about borrowings [line items]
CDI	[1]
Total		R$ 29950	25,614
Repurchase agreements [Member]
Disclosure of detailed information about borrowings [line items]
CDI	[1],[2]	62.00%
Total	[2]	R$ 15446	12,632
Bank deposit certificates [Member]
Disclosure of detailed information about borrowings [line items]
CDI		98.00%
Total		R$ 125649	46,262
Bank deposit certificates [Member] | Bottom of range [Member]
Disclosure of detailed information about borrowings [line items]
CDI	[1]	99.30%
Bank deposit certificates [Member] | Top of range [Member]
Disclosure of detailed information about borrowings [line items]
CDI	[1]	101.00%
Letter of Mercantile Lease [member] | Bottom of range [Member]
Disclosure of detailed information about borrowings [line items]
CDI	[1]	101.00%
Letter of Mercantile Lease [member] | Top of range [Member]
Disclosure of detailed information about borrowings [line items]
CDI	[1]	102.00%
Brazilian treasury bonds [Member]
Disclosure of detailed information about borrowings [line items]
Total			R$ 22119
[1]	Interbank Deposit Certificates
[2]	The Company uses this type of investment for funds that will be redeemed in less than 30 days, according to the projected cash flow and also in case of need to invest funds that were received after banking hours.

Cash and cash equivalents and_4

Cash and cash equivalents and marketable securities (Details 1) - BRL (R$) R$ in Thousands		12 Months Ended
		Jun. 30, 2020	Jun. 30, 2019
Statement Line Items [Line Items]
Total current			R$ 4038
Total noncurrent		5,044	9,114
Marketable securities		5,044	R$ 13152
Banco do Nordeste (BNB) [Member]
Statement Line Items [Line Items]
CDI			99.00%
Total noncurrent	[1],[2]	R$ 5044	R$ 9114
Bank Deposit Certificates [member]
Statement Line Items [Line Items]
CDI		98.00%
Total current	[1]		3,983
Treasury Financial Bills [Member]
Statement Line Items [Line Items]
Total current	[3]		R$ 55
[1]	Indexed to rates from 98% to 99% of the CDI - Interbank Deposit Certificate.
[2]	The securities in BNB consist of CDBs provided as collateral for financing from the Bank and must be held up to the end of the contract.
[3]	Treasury bonds indexed to the Selic rate.

Cash and cash equivalents and_5

Cash and cash equivalents and marketable securities (Details Textual) - BRL (R$) R$ in Thousands	Jun. 30, 2020	Jun. 30, 2019
Cash and Cash Equivalents and Marketable Securities [Abstract]
Denominated balance	R$ 27688	R$ 21390

Derivative financial instrume_3

Derivative financial instruments (Details) - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Soybean CBOT [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Soybean CBOT	Soybean CBOT
Maturity	July -20	December-19
Outstanding derivative instruments	Soybean options	Soybean futures and accrual
Counterparty	Trading Companies/Banks/CBOT	Trading Companies/Banks/CBOT
Receivable		R$ 428
Payable	(1)	(1,482)
Total Net balance	(1)	(1,054)
Notional ('000)
Short (long) position	R$ 83344	R$ 763206
Unit	bags	bags
Soybean CBOT [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Soybean CBOT	Soybean CBOT
Maturity	February-21	June-20
Outstanding derivative instruments	Soybean options	Soybean futures and accrual
Counterparty	Trading Companies/Banks/CBOT	Trading Companies/Banks/CBOT
Receivable	R$ 252
Payable	(774)	(1,165)
Total Net balance	(522)	(1,165)
Notional ('000)
Short (long) position	R$ 199571	R$ 182029
Unit	bags	bags
Soybean CBOT [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Soybean CBOT	Soybean CBOT
Maturity	June-21	June-20
Outstanding derivative instruments	Soybean options	Soybean futures
Counterparty	Trading Companies/Banks/CBOT	Trading Companies/Banks/CBOT
Receivable	R$ 1718	R$ 76
Payable	(1,916)
Total Net balance	(198)	76
Notional ('000)
Short (long) position	R$ 301625	R$ 12891
Unit	bags	bags
Soybean CBOT [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Soybean CBOT	Soybean CBOT
Maturity	November-20	February-20
Outstanding derivative instruments	Soybean futures	Soybean options fs
Counterparty	Trading Companies/Banks/CBOT	Trading Companies/Banks/CBOT
Receivable
Payable	(16)	(4,091)
Total Net balance	(16)	(4,091)
Notional ('000)
Short (long) position	R$ 77107	R$ 861786
Unit	bags	bags
Corn CBOT [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk		Corn CBOT
Maturity		August-19
Outstanding derivative instruments		Corn options
Counterparty		RJO Brien
Receivable
Payable		(428)
Total Net balance		(428)
Notional ('000)
Short (long) position		R$ 99484
Unit		bags
Corn BM&F [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Corn BM&F	Corn BM&F
Maturity	July -20	September-19
Outstanding derivative instruments	Corn options	Corn options
Counterparty	Itau BBA	Itaú BBA
Receivable
Payable	(55)	(246)
Total Net balance	(55)	(246)
Notional ('000)
Short (long) position	R$ 16650	R$ 83250
Unit	bags	bags
Corn BM&F [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Corn BM&F	Corn BM&F
Maturity	September-20	September-19
Outstanding derivative instruments	Corn futures	Corn options
Counterparty	Macquarie	BM&F
Receivable
Payable	(529)	(659)
Total Net balance	(529)	(659)
Notional ('000)
Short (long) position	R$ 83250	R$ 249750
Unit	bags	bags
Corn CBOT [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Corn CBOT	Corn CBOT
Maturity	August-21	September-19
Outstanding derivative instruments	Corn options	Corn futures
Counterparty	FC Stone	Trading Companies/Banks/CBOT
Receivable	R$ 178
Payable	(130)	(457)
Total Net balance	48	(457)
Notional ('000)
Short (long) position	R$ 84670	R$ 84667
Unit	bags	bags
Corn CBOT [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Corn CBOT	Corn CBOT
Maturity	September -20	December-19
Outstanding derivative instruments	Corn futures	Corn futures and accrual
Counterparty	Trading Companies/ Banks /CBOT	Trading Companies/Banks/CBOT
Receivable	R$ 51	R$ 40
Payable	(200)	(426)
Total Net balance	(149)	(386)
Notional ('000)
Short (long) position	R$ 211500	R$ 217361
Unit	bags	bags
Corn CBOT [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Corn CBOT	Corn CBOT
Maturity	August-21	August-20
Outstanding derivative instruments	Corn futures	Corn futures and accrual
Counterparty	Trading Companies/ Banks /CBOT	Trading Companies/Banks/CBOT
Receivable		R$ 27
Payable	(257)
Total Net balance	(257)	27
Notional ('000)
Short (long) position	R$ 254011	R$ 33970
Unit	bags	bags
Fed Cattle BM&F [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Fed Cattle BM&F	Fed Cattle BM&F
Maturity	October-20	July-19
Outstanding derivative instruments	Fed cattle futures	Fed cattle futures
Counterparty	BM&F	BM&F
Receivable
Payable
Total Net balance
Notional ('000)
Short (long) position	R$ 54450	R$ 3630
Unit	arroba	arroba
Fed Cattle BM&F [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk		Fed Cattle BM&F
Maturity		September-19
Outstanding derivative instruments		Fed cattle futures
Counterparty		BM&F
Receivable
Payable
Total Net balance
Notional ('000)
Short (long) position		R$ 3300
Unit		arroba
Fed Cattle BM&F [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk		Fed Cattle BM&F
Maturity		October-19
Outstanding derivative instruments		Fed cattle futures
Counterparty		BM&F
Receivable
Payable		(51)
Total Net balance		(51)
Notional ('000)
Short (long) position		R$ 9900
Unit		arroba
Fed Cattle BM&F [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk		Fed Cattle BM&F
Maturity		November-19
Outstanding derivative instruments		Fed cattle futures
Counterparty		Itaú BBA
Receivable
Payable		(38)
Total Net balance		(38)
Notional ('000)
Short (long) position		R$ 6600
Unit		arroba
Cotton 1 [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Cotton	Cotton
Maturity	November -20	July-19
Outstanding derivative instruments	Cotton options	Cotton options
Counterparty	Trading Companies/ Banks /CBOT	Trading Companies/ Banks /CBOT
Receivable
Payable	(256)	(84)
Total Net balance	(256)	(84)
Notional ('000)
Short (long) position	R$ 625	R$ 1473
Unit	ton.	ton.
Cotton 2 [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Cotton	Cotton
Maturity	November -21	November-19
Outstanding derivative instruments	Cotton options	Cotton futures and accrual
Counterparty	Trading Companies/ Banks /CBOT	Trading Companies/ Banks /CBOT
Receivable	R$ 127	R$ 106
Payable	(258)
Total Net balance	(131)	106
Notional ('000)
Short (long) position		R$ 89
Unit	ton.	ton.
Cotton 3 [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Cotton	Cotton
Maturity	December-20	December-19
Outstanding derivative instruments	Cotton futures	Cotton futures
Counterparty	Trading Companies/ Banks /CBOT	Trading Companies/Banks/CBOT
Receivable	R$ 1038	R$ 142
Payable
Total Net balance	1,038	142
Notional ('000)
Short (long) position	R$ 893	R$ 112
Unit	ton.	ton.
Ethanol BM&F [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Ethanol BM&F	Ethanol BM&F
Maturity	August-20	July-19
Outstanding derivative instruments	Ethanol futures	Ethanol futures
Counterparty	BM&F	BM&F
Receivable
Payable
Total Net balance
Notional ('000)		R$ 600
Short (long) position	R$ 150
Unit	m³	m³
Ethanol BM&F [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Ethanol BM&F	Ethanol BM&F
Maturity	September -20	August-19
Outstanding derivative instruments	Ethanol futures	Ethanol futures
Counterparty	BM&F	BM&F
Receivable
Payable
Total Net balance
Notional ('000)		R$ 600
Short (long) position	R$ 450
Unit	m³	m³
Ethanol BM&F [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Ethanol BM&F	Ethanol BM&F
Maturity	October-20	September-19
Outstanding derivative instruments	Ethanol futures	Ethanol futures
Counterparty	BM&F	BM&F
Receivable
Payable
Total Net balance
Notional ('000)		R$ 300
Short (long) position	R$ 150
Unit	m³	m³
Interest R$ [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Interest R$	Interest R$
Maturity	August-23	August-23
Outstanding derivative instruments	SWAP Pre-DI	SWAP Pre-DI
Counterparty	Bradesco	Bradesco
Receivable	R$ 1257	R$ 986
Payable
Total Net balance	1,257	986
Notional ('000)		R$ 14810
Short (long) position	R$ 11847
Unit	BRL	BRL
Receivable [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Current	R$ 1059	R$ 2822
Non-current	184
Total currency risk	1,243	2,822
Current (bags)	2,068	544
Current (arrobas)
Current (tons)	1,038	248
Current (cubic meters)
Non-current (bags)	127	27
Non-current (tons)
Total risk with commodities	3,411	819
Current		986
Noncurrent	1,257	986
Total risk with interest	1,257	986
Total risks	5,911	4,627
Margin deposit	3,015	2,292
Current	7,180	5,906
Non-current	1,746	1,013
Total	206,199	114,300
Payable [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Current	(12,433)	(1,928)
Non-current	(817)
Total currency risk	(13,250)	(1,928)
Current (bags)	(5,644)	(8,954)
Current (arrobas)		(89)
Current (tons)	(256)	(84)
Current (cubic meters)
Non-current (bags)	(387)
Non-current (tons)	(258)
Total risk with commodities	(6,545)	(9,127)
Current
Noncurrent
Total risk with interest
Total risks	(19,795)	(11,055)
Margin deposit
Current	(18,333)	(11,055)
Non-current	(1,462)
Total	254,367	(98,617)
Net balance [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Current	(11,374)	894
Non-current	(633)
Total currency risk	(12,007)	894
Current (bags)	(3,576)	8,410
Current (arrobas)		(89)
Current (tons)	782	164
Current (cubic meters)
Non-current (bags)	(209)	27
Non-current (tons)	(131)
Total risk with commodities	(3,134)	(8,308)
Current		986
Noncurrent	1,257	986
Total risk with interest	1,257	986
Total risks	(13,884)	(6,428)
Margin deposit	3,015	2,292
Notional [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Current	(34,330)	(41,889)
Non-current	(3,690)
Total currency risk	(38,020)	(41,889)
Current (bags)
Current (arrobas)
Current (tons)
Current (cubic meters)
Non-current (bags)
Non-current (tons)
Total risk with commodities
Current		14,810
Noncurrent	11,847	14,810
Total risk with interest	11,847	14,810
Total risks	26,173	(27,079)
Short (long) position
Disclosure of risk management strategy related to hedge accounting [line items]
Current
Total currency risk
Current (bags)		(2,554,424)
Current (arrobas)		(23,430)
Current (tons)		(1,674)
Current (cubic meters)		(1,500)
Non-current (bags)		(33,970)
Non-current (tons)
Total risk with commodities		(2,614,998)
Current
Noncurrent
Total risk with interest
Total risks		(2,614,998)
Unit [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Current
Total currency risk
Current [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Receivable
Payable
Total Net balance
Notional ('000)
Short (long) position
Noncurrent [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Receivable		986
Payable
Total Net balance		986
Notional ('000)		14,810
Short (long) position
Call option (put option) [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Current
Non-current
Total currency risk
Current (bags)	(1,476,808)
Current (arrobas)	(54,450)
Current (tons)	(1,518)
Non-current (bags)
Total risk with commodities	(1,872,207)
Noncurrent
Total risk with interest
Total risks	R$ 1872207
Current [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Receivable		5,906
Payable		(11,055)
Non current [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Receivable		1,013
Payable
CornBMAndF3 [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Corn BM&F
Maturity	September-20
Outstanding derivative instruments	Corn options
Counterparty	BM&F
Receivable
Payable	(1,431)
Total Net balance	(1,431)
Notional ('000)
Short (long) position	R$ 253350
Unit	bags
CornBMAndF4 [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Corn BM&F
Maturity	September-20
Outstanding derivative instruments	Corn options
Counterparty	Itau BBA
Receivable
Payable	(682)
Total Net balance	(682)
Notional ('000)
Short (long) position	R$ 166500
Unit	bags
Soybean CBOT [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Soybean CBOT
Maturity	December-20
Outstanding derivative instruments	Accrual
Counterparty	Trading Companies/ Banks /CBOT
Receivable	R$ 47
Payable	(40)
Total Net balance	7
Notional ('000)
Short (long) position	R$ 83911
Unit	bags
Currency US$ [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Currency US$	Currency US$
Maturity	August-20	August-19
Outstanding derivative instruments	NDF	Options
Counterparty	Rabobank	FC Stone
Receivable	R$ 141	R$ 396
Payable		(182)
Total Net balance	141	214
Notional ('000)	(4,600)	(4,000)
Short (long) position
Unit	US$	US$
Currency US$ [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Currency US$	Currency US$
Maturity	November-20	August-19
Outstanding derivative instruments	NDF	Options
Counterparty	Rabobank	Olam
Receivable		R$ 42
Payable	(221)
Total Net balance	(221)	42
Notional ('000)	(1,500)	(500)
Short (long) position
Unit	US$	US$
Currency US$ [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Currency US$	Currency US$
Maturity	November -20	March-20
Outstanding derivative instruments	NDF	Options
Counterparty	Itau BBA	Itaú BBA
Receivable		R$ 2220
Payable	(8,958)	(1,536)
Total Net balance	(8,958)	684
Notional ('000)	(14,000)	(14,000)
Short (long) position
Unit	US$	US$
Currency US$ [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Currency US$	Currency US$
Maturity	June-21	July-19
Outstanding derivative instruments	NDF	NDF
Counterparty	Rabobank	Santander
Receivable		R$ 7
Payable	(1,426)
Total Net balance	(1,426)	7
Notional ('000)	(4,930)	(450)
Short (long) position
Unit	US$	US$
Currency US$ [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Currency US$	Currency US$
Maturity	June-21	July-19
Outstanding derivative instruments	NDF	NDF
Counterparty	Banco do Brasil	ABC
Receivable		R$ 57
Payable	(1,828)
Total Net balance	(1,828)	57
Notional ('000)	(6,500)	(370)
Short (long) position
Unit	US$	US$
Currency US$ [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Currency US$	Currency US$
Maturity	June-21	July-19
Outstanding derivative instruments	NDF	NDF
Counterparty	OLAM	Rabobank
Receivable	R$ 733
Payable		(79)
Total Net balance	733	(79)
Notional ('000)	(1,500)	(5,659)
Short (long) position
Unit	US$	US$
Currency US$ [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Currency US$	Currency US$
Maturity	June-21	July-19
Outstanding derivative instruments	NDF	NDF
Counterparty	Banco do Brasil	Itaú BBA
Receivable	R$ 185	R$ 2
Payable
Total Net balance	185	2
Notional ('000)	(1,300)	(250)
Short (long) position
Unit	US$	US$
Currency US$ [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Currency US$	Currency US$
Maturity	June-21	July-19
Outstanding derivative instruments	NDF	NDF
Counterparty	Banco do Brasil	Olam
Receivable	R$ 106
Payable	(311)	(131)
Total Net balance	(205)	(131)
Notional ('000)	(1,450)	(4,160)
Short (long) position
Unit	US$	US$
Currency US$ [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Currency US$	Currency US$
Maturity	June-21	November-19
Outstanding derivative instruments	NDF	NDF
Counterparty	Rabobank	Itaú BBA
Receivable		R$ 77
Payable	(367)
Total Net balance	(367)	77
Notional ('000)	R$ 1440	(10,000)
Short (long) position
Unit	US$	US$
Currency US$ [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Currency US$	Currency US$
Maturity	November -21	November-19
Outstanding derivative instruments	NDF	NDF
Counterparty	Rabobank	Banco Safra
Receivable		R$ 21
Payable	(139)
Total Net balance	(139)	21
Notional ('000)	(520)	(2,500)
Short (long) position
Unit	US$	US$
Currency US$ [Member]
Disclosure of risk management strategy related to hedge accounting [line items]
Risk	Currency US$
Maturity	November -21
Outstanding derivative instruments	NDF
Counterparty	Macquarie
Receivable	R$ 78
Payable
Total Net balance	78
Notional ('000)	(280)
Short (long) position
Unit	US$

Accounts receivable and other_2

Accounts receivable and others (Details) - BRL (R$) R$ in Thousands	Jun. 30, 2020	Jun. 30, 2019
Accounts Receivable and Others [Abstract]
Trade accounts receivable	R$ 145692	R$ 112646
Recoverable taxes	9,305	5,950
Advances to suppliers	20,609	5,790
Other receivables	7,744	934
Total current	183,350	125,320
Trade accounts receivable	240,407	180,597
Recoverable taxes	20,274	21,269
Judicial deposits	1,706	1,667
Total noncurrent	R$ 262387	R$ 203533

Accounts receivable and other_3

Accounts receivable and others (Details 1) - BRL (R$) R$ in Thousands	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Statement Line Items [Line Items]
Current trade receivables gross	R$ 146908	R$ 113805
Allowance for expected credit losses	(1,216)	(1,159)	R$ 866
Total current	145,692	112,646
Total non-current	240,407	180,597
Sale of Sugarcane [Member]
Statement Line Items [Line Items]
Current trade receivables gross	30,031	27,623
Sale of Grains [Member]
Statement Line Items [Line Items]
Current trade receivables gross	36,777	36,546
Sale of Beef Cattle [Member]
Statement Line Items [Line Items]
Current trade receivables gross	636	1,210
Leases of Land [Member]
Statement Line Items [Line Items]
Current trade receivables gross	4,868	6,954
Sale of Machinery [Member]
Statement Line Items [Line Items]
Current trade receivables gross	918	121
Total non-current	333
Sale of Farms [Member]
Statement Line Items [Line Items]
Current trade receivables gross	73,678	41,351
Total non-current	R$ 240074	R$ 180597

Accounts receivable and other_4

Accounts receivable and others (Details 2) - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Accounts Receivable and Others [Abstract]
Beginning balance	R$ 1159	R$ 866
Set-up of provision	213
Accrual of provision	3,782	397
Write-off or reversal	(3,938)	(104)
Ending balance	R$ 1216	R$ 1159

Accounts receivable and other_5

Accounts receivable and others (Details 3) - BRL (R$) R$ in Thousands	Jun. 30, 2020	Jun. 30, 2019
Disclosure of provision matrix [line items]
Trade and other receivables	R$ 387315	R$ 294402
Current [Member]
Disclosure of provision matrix [line items]
Trade and other receivables	378	5,642
31 to 90 days
Disclosure of provision matrix [line items]
Trade and other receivables		108
181 to 360 days
Disclosure of provision matrix [line items]
Trade and other receivables		308
Over 360 days
Disclosure of provision matrix [line items]
Trade and other receivables	1,216	851
Current [Member]
Disclosure of provision matrix [line items]
Trade and other receivables	57,188	49,885
31 to 90 days
Disclosure of provision matrix [line items]
Trade and other receivables	44,424	24,456
91 to 180 days
Disclosure of provision matrix [line items]
Trade and other receivables	8,748	12,000
181 to 360 days
Disclosure of provision matrix [line items]
Trade and other receivables	34,954	20,555
Over 360 days
Disclosure of provision matrix [line items]
Trade and other receivables	R$ 240407	R$ 180597

Accounts receivable and other_6

Accounts receivable and others (Details 4) - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020		Jun. 30, 2019
Statement Line Items [Line Items]
Current	R$ 145692		R$ 112646
Noncurrent	240,407		180,597
Araucaria III [Member]
Statement Line Items [Line Items]
Beginning balance	5,222		8,527
Sales		[1]
Receipts	(4,547)		(2,980)
Acquisition of Agrifirma
Fair value adjustment	2,661		(325)
Ending balance	3,336		5,222
Current	3,131
Noncurrent	205
Araucaria IV [Member]
Statement Line Items [Line Items]
Beginning balance	7,238		9,017
Sales		[1]
Receipts			(1,525)
Acquisition of Agrifirma
Fair value adjustment	20		(254)
Ending balance	7,258		7,238
Current	4,728
Noncurrent	2,530
Araucaria V [Member]
Statement Line Items [Line Items]
Beginning balance	38,083		50,594
Sales		[1]
Receipts	(8,980)		(10,115)
Acquisition of Agrifirma
Fair value adjustment	8,401		(2,396)
Ending balance	37,504		38,083
Current	10,596
Noncurrent	26,908
Jatoba I [Member]
Statement Line Items [Line Items]
Beginning balance	6,182		8,657
Sales		[1]
Receipts	(4,680)		(2,513)
Acquisition of Agrifirma
Fair value adjustment	1,067		38
Ending balance	2,569		6,182
Current	2,569
Noncurrent
Jatoba II [Member]
Statement Line Items [Line Items]
Beginning balance	118,823
Sales		[1]	123,335
Receipts	(18,359)		(21,000)
Acquisition of Agrifirma
Fair value adjustment	29,277		16,488
Ending balance	129,741		118,823
Current	22,690
Noncurrent	107,051
Jatoba III [Member]
Statement Line Items [Line Items]
Beginning balance	42,131
Sales		[1]	47,016
Receipts	(5,008)		(5,000)
Acquisition of Agrifirma
Fair value adjustment	10,261		115
Ending balance	47,384		42,131
Current	8,140
Noncurrent	39,244
Jatoba IV [Member]
Statement Line Items [Line Items]
Beginning balance
Sales	18,974	[1]
Receipts	(6,731)
Acquisition of Agrifirma
Fair value adjustment	3,238
Ending balance	15,481
Current	3,325
Noncurrent	12,156
Bananal IX [Member]
Statement Line Items [Line Items]
Beginning balance
Sales		[1]
Receipts
Acquisition of Agrifirma	21,272
Fair value adjustment	1,133
Ending balance	22,405
Current	7,214
Noncurrent	15,191
Jatoba V [Member]
Statement Line Items [Line Items]
Beginning balance
Sales	37,919	[1]
Receipts	(5,000)
Acquisition of Agrifirma
Fair value adjustment	110
Ending balance	33,029
Current	8,541
Noncurrent	24,488
Alto Taquari I [Member]
Statement Line Items [Line Items]
Beginning balance	4,269
Sales		[1]	6,871
Receipts	(1,659)		(2,927)
Acquisition of Agrifirma
Fair value adjustment	935		325
Ending balance	3,545		4,269
Current	930
Noncurrent	2,615
Alto Taquari II [Member]
Statement Line Items [Line Items]
Beginning balance
Sales	3,576	[1]
Receipts	(2,046)
Acquisition of Agrifirma
Fair value adjustment	2,024
Ending balance	3,554
Current	1,200
Noncurrent	2,354
Alto Taquari III [Member]
Statement Line Items [Line Items]
Beginning balance
Sales	11,037	[1]
Receipts	(1,761)
Acquisition of Agrifirma
Fair value adjustment	(1,330)
Ending balance	7,946
Current	614
Noncurrent	7,332
Araucaria II [Member]
Statement Line Items [Line Items]
Current
Noncurrent
Consolidated [member]
Statement Line Items [Line Items]
Beginning balance	221,948		76,795
Sales	71,506		177,222
Receipts	(58,771)		(46,060)
Acquisition of Agrifirma	21,272
Fair value adjustment	57,797		13,991
Ending balance	313,752		R$ 221948
Current	41,351
Noncurrent	R$ 180597
[1]	Information on sales and the amounts received in the fiscal year ended June 30, 2020 is presented in Notes 1.2 and 21.b.

Accounts receivable and other_7

Accounts receivable and others (Details 5) R$ in Thousands	12 Months Ended
	Jun. 30, 2020BRL (R$)
Statement Line Items [Line Items]
Beginning balance	R$ 229180
Variable consideration (2.3%)	5,394
Ending balance	234,574
Jatoba II [Member]
Statement Line Items [Line Items]
Beginning balance	129,741
Variable consideration (2.3%)	3,054
Ending balance	132,795
Jatoba III [Member]
Statement Line Items [Line Items]
Beginning balance	47,384
Variable consideration (2.3%)	1,115
Ending balance	48,499
Jatobá IV
Statement Line Items [Line Items]
Beginning balance	15,481
Variable consideration (2.3%)	364
Ending balance	15,845
Jatoba V [Member]
Statement Line Items [Line Items]
Beginning balance	33,029
Variable consideration (2.3%)	778
Ending balance	33,807
Alto Taquari I [Member]
Statement Line Items [Line Items]
Beginning balance	3,545
Variable consideration (2.3%)	83
Ending balance	R$ 3628

Accounts receivable and other_8

Accounts receivable and others (Details 6) - BRL (R$) R$ in Thousands	Jun. 30, 2020	Jun. 30, 2019
Accounts Receivable and Others [Abstract]
Withholding income tax (IRRF) on financial investments to be offset	R$ 3508	R$ 3276
Income tax losses and social contribution carryforwards	3,155
Other recoverable taxes and contributions	977	601
Tax on value added - IVA – (Paraguay)	1,665	2,073
Total current	9,305	5,950
ICMS recoverable	9,786	9,792
ICMS recoverable on property, plant and equipment	83	194
Non-cumulative PIS and COFINS to be offset	1,486	4,804
IRRF on financial investments to be offset	454	2,409
Tax on value added - IVA – (Paraguay)	8,465	4,070
Total noncurrent	R$ 20274	R$ 21269

Accounts receivable and other_9

Accounts receivable and others (Details Textual)	12 Months Ended
	Jun. 30, 2020
Accounts receivable and others (Textual)
Percentage of revenue	2.30%
Percentage of sale revenue	2.30%

Inventories (Details)

Inventories (Details) - BRL (R$) R$ in Thousands	Jun. 30, 2020	Jun. 30, 2019
Statement Line Items [Line Items]
Agricultural products	R$ 113317	R$ 70301
Raw materials	25,461	26,767
Inventories	138,778	97,068
Soybean [Member]
Statement Line Items [Line Items]
Agricultural products	68,975	54,581
Corn [Member]
Statement Line Items [Line Items]
Agricultural products	37,223	11,116
Bean [Member]
Statement Line Items [Line Items]
Agricultural products	3,279
Cotton [Member]
Statement Line Items [Line Items]
Agricultural products	3,500	4,349
Other harvests [Member]
Statement Line Items [Line Items]
Agricultural products	R$ 340	R$ 255

Inventories (Details 1)

Inventories (Details 1) - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Inventories [Abstract]
Balance at beginning	R$ 271	R$ 4
Adjustment to recoverable value of agricultural products, net	(4,153)	(2,040)
Realization as cost of sales	1,763	1,773
Balance at ending	R$ 2661	R$ 271

Biological assets (Details)

Biological assets (Details) - BRL (R$) R$ in Thousands	Jun. 30, 2020	Jun. 30, 2019
Disclosure of detailed information about biological assets [line items]
Biological assets	R$ 140997	R$ 123116
Current	115,553	99,881
Noncurrent	25,444	23,235
Food cattle [Member]
Disclosure of detailed information about biological assets [line items]
Biological assets	9,037	13,887
Production cattle [Member]
Disclosure of detailed information about biological assets [line items]
Biological assets	25,444	23,235
Grain plantation [Member]
Disclosure of detailed information about biological assets [line items]
Biological assets	20,749	12,860
Cotton plantation [Member]
Disclosure of detailed information about biological assets [line items]
Biological assets	13,724	8,606
Sugarcane plantation [Member]
Disclosure of detailed information about biological assets [line items]
Biological assets	R$ 72043	R$ 64528

Biological assets (Details 1)

Biological assets (Details 1) - a		Jun. 30, 2020	Jun. 30, 2019
Disclosure of detailed information about biological assets [line items]
Planted area (Hectares)		38,199	37,585
Grains [Member]
Disclosure of detailed information about biological assets [line items]
Planted area (Hectares)		9,836	8,766
Cotton [Member]
Disclosure of detailed information about biological assets [line items]
Planted area (Hectares)		1,404	976
Sugarcane [Member]
Disclosure of detailed information about biological assets [line items]
Planted area (Hectares)	[1]	26,959	27,843
[1]	For sugarcane the area considered above refers to the total to be harvested in all the future cuts, considered in the cash flow for calculation of fair value of biological assets. This area includes the hectares leased from Brenco and Partnership IV, according to contracts executed on May 8, 2015 and February 7, 2017, respectively.

Biological assets (Details 2)

Biological assets (Details 2) - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Disclosure of detailed information about biological assets [line items]
Opening balance	R$ 6275
Biological assets due to the acquisition of Agrifirma (Note 1.1)	15,635
Total balance	1,389	R$ 6275
Grains [Member]
Disclosure of detailed information about biological assets [line items]
Opening balance	12,860	2,203
Expenditures with plantation	208,934	173,367
Biological assets due to the acquisition of Agrifirma (Note 1.1)	4,883
Expenditures with tilling
Fair value variation	84,435	18,062
Harvest of agricultural produce	(291,798)	(181,411)
Effect of conversion	1,435	639
Total balance	20,749	12,860
Cotton [Member]
Disclosure of detailed information about biological assets [line items]
Opening balance	8,606
Expenditures with plantation	13,702	13,323
Biological assets due to the acquisition of Agrifirma (Note 1.1)
Expenditures with tilling
Fair value variation	1,373	2,619
Harvest of agricultural produce	(9,957)	(7,336)
Effect of conversion
Total balance	13,724	8,606
Sugarcane [Member]
Disclosure of detailed information about biological assets [line items]
Opening balance	64,528	59,790
Expenditures with plantation
Biological assets due to the acquisition of Agrifirma (Note 1.1)
Expenditures with tilling	144,177	123,230
Fair value variation	75,861	34,511
Harvest of agricultural produce	(212,523)	(153,003)
Effect of conversion
Total balance	R$ 72043	R$ 64528

Biological assets (Details 3)

Biological assets (Details 3) - N	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cattle for production
Disclosure of detailed information about biological assets [line items]
Opening balance	20,865	20,993
Acquisition/birth costs	9,767	8,981
Handling costs
Sales	(15,159)	(8,750)
Deaths	(409)	(357)
Consumption		(2)
Effect of conversion
Change in fair value
Ending balance	15,064	20,865
Cattle [Member]
Disclosure of detailed information about biological assets [line items]
Opening balance	37,122	34,053
Acquisition/birth costs	9,964	7,917
Handling costs	18,158	11,955
Sales	(33,230)	(17,668)
Deaths	(685)	(581)
Consumption		(5)
Effect of conversion	4,450	(75)
Change in fair value	(1,298)	1,526
Ending balance	34,481	37,122

Biological assets (Details 4)

Biological assets (Details 4) - N	Jun. 30, 2020	Jun. 30, 2019
Biological Assets [Abstract]
Consumable cattle	2,624	4,896
Production cattle	12,440	15,969

Biological assets (Details 5)

Biological assets (Details 5)	12 Months Ended
	Jun. 30, 2020
Sugarcane [Member]
Statement Line Items [Line Items]
Evaluation method	Discounted cash flow
Significant non-observable inputs	Yield
Variation of non-observable inputs	Yield: 45,0 to 118,5 tons per hectare.
Increase in inputs	An increase in yield generates a positive result in the fair value of biological assets.
Sensitivity of inputs to fair value Decrease in inputs	A decrease in yield generates a negative result in the fair value of biological assets.
Sugarcane 1 [Member]
Statement Line Items [Line Items]
Significant non-observable inputs	TRS (Kg of sugar per ton of sugarcane)
Variation of non-observable inputs	Total recoverable sugar: (TRS) 137 to 143 per ton of cane
Increase in inputs	An increase in TRS generates a positive result in the fair value of biological assets.
Sensitivity of inputs to fair value Decrease in inputs	A decrease in TRS generates a negative result in the fair value of biological assets.
Corn [Member]
Statement Line Items [Line Items]
Evaluation method	Discounted cash flow
Significant non-observable inputs	Yield
Variation of non-observable inputs	Yield: 60 to 115 tons per hectare.
Increase in inputs	An increase in yield generates a positive result in the fair value of biological assets.
Sensitivity of inputs to fair value Decrease in inputs	An increase in yield generates a positive result in the fair value of biological assets.
Cotton [Member]
Statement Line Items [Line Items]
Evaluation method	Discounted cash flow
Significant non-observable inputs	Yield
Variation of non-observable inputs	Yield: 4,2 tons per hectare.
Increase in inputs	An increase in yield generates a positive result in the fair value of biological assets.
Sensitivity of inputs to fair value Decrease in inputs	A decrease in yield generates a negative result in the fair value of biological assets.

Biological assets (Details 6)

Biological assets (Details 6) - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Disclosure of detailed information about biological assets [line items]
Total	R$ 160371	R$ 56718	R$ 99083
Grains [Member]
Disclosure of detailed information about biological assets [line items]
Total	84,435	18,062	54,892
Grains [Member] | Level 3 [Member]
Disclosure of detailed information about biological assets [line items]
Total	20,749
Cotton [Member]
Disclosure of detailed information about biological assets [line items]
Total	1,373	2,619
Cotton [Member] | Level 3 [Member]
Disclosure of detailed information about biological assets [line items]
Total	13,724
Sugarcane [Member]
Disclosure of detailed information about biological assets [line items]
Total	75,861	34,511	43,952
Sugarcane [Member] | Level 3 [Member]
Disclosure of detailed information about biological assets [line items]
Total	72,043
Cattle [Member]
Disclosure of detailed information about biological assets [line items]
Total	(1,298)	R$ 1526	R$ 239
Cattle [Member] | Level 2 [Member]
Disclosure of detailed information about biological assets [line items]
Total	R$ 34481

Investment properties (Details)

Investment properties (Details) - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Disclosure of detailed information about investment property [line items]
Opening balance	R$ 548717	R$ 557152
Acquisitions	41,532	28,211
Acquisitions - business combinations	205,616
Disposals	(6,059)	(27,941)
Transfers		70
(-) Depreciation / amortization	(10,087)	(7,641)
Effect of conversion	78,542	(1,134)
Net book balance	858,261	548,717
At June 30, 2020
Total cost	943,264	659,954
Accumulated depreciation	(85,003)	(111,237)
Net book balance	858,261	548,717
Land - Farms [Member]
Disclosure of detailed information about investment property [line items]
Opening balance	410,561	425,079
Acquisitions	24,861	718
Acquisitions - business combinations	197,710
Disposals	(4,199)	(14,416)
Transfers
(-) Depreciation / amortization
Effect of conversion	57,118	(820)
Net book balance	686,051	410,561
At June 30, 2020
Total cost	686,051	410,561
Accumulated depreciation
Net book balance	686,051	410,561
Buildings and improvements [Member]
Disclosure of detailed information about investment property [line items]
Opening balance	39,658	32,252
Acquisitions	197	92
Acquisitions - business combinations	7,906
Disposals	(301)	(2,098)
Transfers	6,469	10,641
(-) Depreciation / amortization	(1,830)	(1,268)
Effect of conversion	4,896	39
Net book balance	56,995	39,658
At June 30, 2020
Total cost	69,276	48,599
Accumulated depreciation	(12,281)	(8,941)
Net book balance	R$ 56995	R$ 39658
Buildings and improvements [Member] | Bottom of range [Member]
At June 30, 2020
Annual depreciation rates (weighted average) - %	4.00%	4.00%
Buildings and improvements [Member] | Top of range [Member]
At June 30, 2020
Annual depreciation rates (weighted average) - %	20.00%	20.00%
Opening of area [Member]
Disclosure of detailed information about investment property [line items]
Opening balance	R$ 78832	R$ 49474
Acquisitions	445	408
Acquisitions - business combinations
Disposals	(1,559)	(10,662)
Transfers	12,528	45,726
(-) Depreciation / amortization	(8,257)	(6,373)
Effect of conversion	22,544	259
Net book balance	104,533	78,832
At June 30, 2020
Total cost	177,255	181,128
Accumulated depreciation	(72,722)	(102,296)
Net book balance	R$ 104533	R$ 78832
Opening of area [Member] | Bottom of range [Member]
At June 30, 2020
Annual depreciation rates (weighted average) - %	5.00%	10.00%
Opening of area [Member] | Top of range [Member]
At June 30, 2020
Annual depreciation rates (weighted average) - %	20.00%	20.00%
Total in operation [Member]
Disclosure of detailed information about investment property [line items]
Opening balance	R$ 529051	R$ 506805
Acquisitions	25,503	1,218
Acquisitions - business combinations	205,616
Disposals	(6,059)	(27,176)
Transfers	18,997	56,367
(-) Depreciation / amortization	(10,087)	(7,641)
Effect of conversion	84,558	(522)
Net book balance	847,579	529,051
At June 30, 2020
Total cost	932,582	640,288
Accumulated depreciation	(85,003)	(111,237)
Net book balance	847,579	529,051
Construction in progress [Member]
Disclosure of detailed information about investment property [line items]
Opening balance	19,666	50,347
Acquisitions	16,029	26,993
Acquisitions - business combinations
Disposals		(765)
Transfers	(18,997)	(56,297)
(-) Depreciation / amortization
Effect of conversion	(6,016)	(612)
Net book balance	10,682	19,666
At June 30, 2020
Total cost	10,682	19,666
Accumulated depreciation
Net book balance	R$ 10682	R$ 19666

Investment properties (Details

Investment properties (Details 1) R$ in Thousands		12 Months Ended
		Jun. 30, 2020BRL (R$)a	Jun. 30, 2019BRL (R$)a
Statement Line Items [Line Items]
Area of farm (Hectares) | a		215,330	185,147
Fair value	[1],[2]	R$ 1872701	R$ 1471248
Cost value	[1],[2]	822,304	526,956
Jaborandi Ltda [Member]
Statement Line Items [Line Items]
Fair value	[1],[2]	242,504	231,646
Cost value	[1],[2]	28,352	33,930
Mogno Ltda [Member]
Statement Line Items [Line Items]
Fair value	[1],[2]	194,504	174,580
Cost value	[1],[2]	33,259	35,247
Araucaria Ltda [Member]
Statement Line Items [Line Items]
Fair value	[1],[2]	190,276	163,008
Cost value	[1],[2]	45,488	44,672
Cajueiro Ltda [Member]
Statement Line Items [Line Items]
Fair value	[1],[2]	417,660	373,014
Cost value	[1],[2]	89,558	87,909
Flamboyant Ltda [Member]
Statement Line Items [Line Items]
Fair value	[1],[2]	35,313	35,822
Cost value	[1],[2]	23,454	23,466
Cajueiro Ltda1 [Member]
Statement Line Items [Line Items]
Fair value	[1],[2]	68,160	65,172
Cost value	[1],[2]	27,067	27,385
Ceibo Ltda [Member]
Statement Line Items [Line Items]
Fair value	[1],[2]	247,572	211,988
Cost value	[1],[2]	110,443	110,157
Agropecuaria Moroti S.A. [Member]
Statement Line Items [Line Items]
Fair value	[1],[2]	235,270	216,018
Cost value	[1],[2]	232,976	R$ 164190
Agrifirma Agro Ltda. [Member]
Statement Line Items [Line Items]
Fair value	[1],[2]	88,482
Cost value	[1],[2]	84,825
Agrifirma Agro Ltda. [Member]
Statement Line Items [Line Items]
Fair value	[1],[2]	122,687
Cost value	[1],[2]	120,791
Imobiliaria Cremaq [Member]
Statement Line Items [Line Items]
Fair value	[1],[2]	30,273
Cost value	[1],[2]	R$ 26091
Bahia [Member] | Jatoba [Member]
Statement Line Items [Line Items]
Area of farm (Hectares) | a		14,930	18,073
Date of acquisition		2007-03
Bahia [Member] | Chaparral [Member]
Statement Line Items [Line Items]
Area of farm (Hectares) | a		37,182	37,182
Date of acquisition		2007-11
Bahia [Member] | Preferencia [Member]
Statement Line Items [Line Items]
Area of farm (Hectares) | a		17,799	17,799
Date of acquisition		2008-09
Bahia [Member] | Arrojadinho Farm [Member]
Statement Line Items [Line Items]
Area of farm (Hectares) | a		16,642
Date of acquisition		2020-01
Bahia [Member] | Rio Do Meio Farm [Member]
Statement Line Items [Line Items]
Area of farm (Hectares) | a		12,288
Date of acquisition		2020-01
Mato Grosso [Member] | Alto Taquari I [Member]
Statement Line Items [Line Items]
Area of farm (Hectares) | a		5,103	5,291
Date of acquisition		2007-08
Goias [Member] | Araucaria [Member]
Statement Line Items [Line Items]
Area of farm (Hectares) | a		5,534	5,534
Date of acquisition		2007-04
Minas Gerais [Member] | Nova Buriti [Member]
Statement Line Items [Line Items]
Area of farm (Hectares) | a		24,212	24,212
Date of acquisition		2007-12
Maranhao [Member] | Sao Jose [Member]
Statement Line Items [Line Items]
Area of farm (Hectares) | a		17,566	17,566
Date of acquisition		2017-02
Boqueron Paraguay [Member] | Moroti [Member]
Statement Line Items [Line Items]
Area of farm (Hectares) | a		59,585	59,490
Date of acquisition		2018-02
Piaui [Member] | Serra Grande Farm [Member]
Statement Line Items [Line Items]
Area of farm (Hectares) | a		4,489
Date of acquisition		2020-05
[1]	At June 30, 2020 the cost value of R$822,304 (R$526,956 at June 30, 2019) is not comparable to that disclosed in the "Investment properties" note, since the note contemplates investments made in certain partnerships (leased farms), which are not an integral part of the Company's portfolio of owned farms.
[2]	The fair value of the investment property on June 30, 2020 was R$1,872,701 (R$1,471,248 June 30, 2019). The fair value was determined based on a comparative market approach and was prepared by the Company's specialists. The comparable sales value of investment properties is adjusted considering the specific aspects of each property, where the price per hectare is the most relevant assumption. The fair value presented is considered as level 3 in the fair value hierarchy and there were no reclassifications among levels in the year.

Investment properties (Detail_2

Investment properties (Details Textual) - BRL (R$) R$ in Thousands	Jun. 30, 2020	Jun. 30, 2019
Investment Properties (Textual)
Fair value of investment property	R$ 1872701	R$ 1471248
Book value of investment property	R$ 822304	R$ 526956

Investments (Details)

Investments (Details) - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Statement Line Items [Line Items]
Opening balance	R$ 1256	R$ 86
Acquisition	4,127
Equity pickup	(150)	1,102
Effect from conversion	509	19
Capital increase (reduction)		49
Ending balance	5,742	1,256
Cresca [Member]
Statement Line Items [Line Items]
Opening balance	1,256	86
Acquisition
Equity pickup	(150)	1,102
Effect from conversion	509	19
Capital increase (reduction)		49
Ending balance	1,615	1,256
Agrofy [Member]
Statement Line Items [Line Items]
Opening balance
Acquisition	4,127
Equity pickup
Effect from conversion
Ending balance	R$ 4127

Investments (Details 1)

Investments (Details 1) - BRL (R$) R$ in Thousands	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Disclosure of joint ventures [line items]
Assets	R$ 2044368	R$ 1357614
Current	616,607	440,827
Cash and cash equivalents	171,045	106,627	R$ 104314	R$ 43798
Non current	1,401,904	916,787
Liabilities	922,799	477,081
Current	400,092	226,618
Cresca's [Member]
Disclosure of joint ventures [line items]
Assets	3,489	2,876
Current	3,447	2,865
Cash and cash equivalents	175	349
Accounts receivable, inventories and other receivables	3,272	2,516
Non current	42	11
Other noncurrent	42	11
Liabilities	260	365
Current	260	365
Trade payables, taxes and loans	260	365
Total net assets	R$ 3229	R$ 2511
Company's interest - 50%	50.00%	50.00%
Company's interest in net assets at estimated fair value	R$ 1615	R$ 1256

Investments (Details 2)

Investments (Details 2) - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Disclosure of joint ventures [line items]
Revenue	R$ 487568	R$ 357910	R$ 244278
Cost of products sold	(483,813)	(319,214)	(228,319)
Gross revenue (expenses)	221,393	236,186	155,742
Selling expenses	(14,300)	(10,536)	(10,087)
Finance profit	375,413	310,538	129,323
Finance costs	(406,168)	(297,616)	(137,879)
Loss before tax	133,529	199,798
Income and social contribution taxes	13,975	22,719	25,919
Loss for the year	119,554	177,079	R$ 126338
Cresca's [Member]
Disclosure of joint ventures [line items]
Revenue		3
Cost of products sold		(6)
Gross revenue (expenses)		(3)
Selling expenses		(43)
Administrative expenses	(28)	(235)
Other profit/expenses		(72)
Finance costs	(272)	(101)
Loss before tax	(300)	(454)
Income and social contribution taxes		2,658
Loss for the year	(300)	2,204
Company's interest – 50%	(150)	1,102
Equity method	R$ 150	R$ 1102

Property, plant and equiptment

Property, plant and equiptment (Details) - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	R$ 107852	R$ 84830
Acquisitions	24,752	43,038
Acquisitions – business combination	15,635
Disposals	(5,093)	(433)
Transfers		(70)
Depreciation	(28,133)	(19,492)
Translation gains/losses	912	(21)
Accounting balance, net	115,925	107,852
Total cost	223,717	179,400
Accumulated depreciation	(107,792)	(71,548)
Accounting balance, net	115,925	107,852
Buildings and improvements [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	111	197
Acquisitions		2
Acquisitions – business combination
Disposals
Transfers	108
Depreciation	(47)	(88)
Translation gains/losses
Accounting balance, net	172	111
Total cost	1,041	933
Accumulated depreciation	(869)	(822)
Accounting balance, net	R$ 172	111
Buildings and improvements [Member] | Bottom of range [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Annual depreciation rates (weighted average) - %	2.00%
Buildings and improvements [Member] | Top of range [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Annual depreciation rates (weighted average) - %	25.00%
Equipment and facilities [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	R$ 13774	6,973
Acquisitions	1,391	7,835
Acquisitions – business combination
Disposals	(115)	(94)
Transfers	92	330
Depreciation	(1,817)	(1,270)
Translation gains/losses	87
Accounting balance, net	13,412	13,774
Total cost	19,540	19,162
Accumulated depreciation	(6,128)	(5,388)
Accounting balance, net	R$ 13412	13,774
Annual depreciation rates (weighted average) - %	10.00%
Agricultural vehicles and machinery [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	R$ 11022	10,995
Acquisitions	2,519	1,850
Acquisitions – business combination	14,279
Disposals	(4,968)	(322)
Transfers
Depreciation	(5,294)	(1,480)
Translation gains/losses	776	(21)
Accounting balance, net	18,334	11,022
Total cost	46,668	26,732
Accumulated depreciation	(28,334)	(15,710)
Accounting balance, net	R$ 18334	11,022
Agricultural vehicles and machinery [Member] | Bottom of range [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Annual depreciation rates (weighted average) - %	13.00%
Agricultural vehicles and machinery [Member] | Top of range [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Annual depreciation rates (weighted average) - %	20.00%
Furniture and fixtures [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	R$ 1044	762
Acquisitions	238	453
Acquisitions – business combination	1,356
Disposals	(10)	(17)
Transfers
Depreciation	(235)	(154)
Translation gains/losses	49
Accounting balance, net	2,442	1,044
Total cost	4,065	2,057
Accumulated depreciation	(1,623)	(1,013)
Accounting balance, net	R$ 2442	1,044
Annual depreciation rates (weighted average) - %	10.00%
Total in operation [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	R$ 25951	18,927
Acquisitions	4,148	10,140
Acquisitions – business combination	15,635
Disposals	(5,093)	(433)
Transfers	200	330
Depreciation	(7,393)	(2,992)
Translation gains/losses	912	(21)
Accounting balance, net	34,360	25,951
Total cost	71,314	48,884
Accumulated depreciation	(36,954)	(22,933)
Accounting balance, net	34,360	25,951
Construction in progress [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance		111
Acquisitions	96	289
Acquisitions – business combination
Disposals
Transfers	(96)	(400)
Depreciation
Translation gains/losses
Accounting balance, net
Total cost
Accumulated depreciation
Accounting balance, net
Sugarcane [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Opening balance	81,901	65,792
Acquisitions	20,508	32,609
Acquisitions – business combination
Disposals
Transfers	(104)
Depreciation	(20,740)	(16,500)
Translation gains/losses
Accounting balance, net	81,565	81,901
Total cost	152,403	130,516
Accumulated depreciation	(70,838)	(48,615)
Accounting balance, net	R$ 81565	R$ 81901
Sugarcane [Member] | Bottom of range [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Annual depreciation rates (weighted average) - %	16.00%
Sugarcane [Member] | Top of range [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Annual depreciation rates (weighted average) - %	27.00%

Right-of-use of assets (Details

Right-of-use of assets (Details) R$ in Thousands	Jun. 30, 2020BRL (R$)
Statement Line Items [Line Items]
First-time adoption	R$ 92794
New contracts	28,966
Adjustments	4,693
(-) Depreciation / Amortization	(25,638)
Exchange rate variation	278
Ending balance, net	101,093
Total cost	126,731
Cumulative depreciation	(25,638)
Ending balance, net	101,093
Land - Farms [Member]
Statement Line Items [Line Items]
First-time adoption	87,209
New contracts	28,365
Adjustments	6,873
(-) Depreciation / Amortization	(23,335)
Exchange rate variation	251
Ending balance, net	99,363
Total cost	122,698
Cumulative depreciation	(23,335)
Ending balance, net	R$ 99363
Land - Farms [Member] | Bottom of range [Member]
Statement Line Items [Line Items]
Annual depreciation rates (weighted average) - %	10.00%
Land - Farms [Member] | Top of range [Member]
Statement Line Items [Line Items]
Annual depreciation rates (weighted average) - %	25.00%
Buildings and improvements [Member]
Statement Line Items [Line Items]
First-time adoption	R$ 538
New contracts
Adjustments	331
(-) Depreciation / Amortization	(580)
Exchange rate variation	3
Ending balance, net	292
Total cost	872
Cumulative depreciation	(580)
Ending balance, net	R$ 292
Annual depreciation rates (weighted average) - %	50.00%
Vehicles and Agricultural Machinery [Member]
Statement Line Items [Line Items]
First-time adoption	R$ 5047
New contracts	601
Adjustments	(2,511)
(-) Depreciation / Amortization	(1,723)
Exchange rate variation	24
Ending balance, net	1,438
Total cost	3,161
Cumulative depreciation	(1,723)
Ending balance, net	R$ 1438
Annual depreciation rates (weighted average) - %	50.00%

Leases payable (Details)

Leases payable (Details) - BRL (R$) R$ in Thousands	Jun. 30, 2020	Jun. 30, 2019
Current
Financial lease sugarcane fields	R$ 287	R$ 254
Operating leases		26,249
Operating leases - IFRS 16	25,562
Current net	25,849	26,503
Non-current
Financial lease sugarcane fields	34,011	20,943
Operating leases - IFRS 16	92,503
Non-current net	126,514	20,943
Total	R$ 152363	R$ 47446

Leases payable (Details 1)

Leases payable (Details 1) - BRL (R$) R$ in Thousands	Jun. 30, 2020	Jun. 30, 2019	[1]
Statement Line Items [Line Items]
Financial lease sugarcane fields - Parceria III	R$ 287	R$ 254
Financial lease sugarcane fields - Parceria IV	34,011	20,943
Operating leases		7,156
Operating leases - IFRS 16	118,065	19,093
Finance lease total	152,363	R$ 47446
First-time adoption - IFRS 16 [Member]
Statement Line Items [Line Items]
Financial lease sugarcane fields - Parceria III
Financial lease sugarcane fields - Parceria IV
Operating leases
Operating leases - IFRS 16	92,794
Finance lease total	92,794
Exchange rate variation [Member]
Statement Line Items [Line Items]
Financial lease sugarcane fields - Parceria III
Financial lease sugarcane fields - Parceria IV
Operating leases
Operating leases - IFRS 16	307
Finance lease total	307
Unwind of present value adjustment [Member]
Statement Line Items [Line Items]
Financial lease sugarcane fields - Parceria III	33
Financial lease sugarcane fields - Parceria IV	13,068
Operating leases
Operating leases - IFRS 16	13,912
Finance lease total	27,013
Payments [Member]
Statement Line Items [Line Items]
Financial lease sugarcane fields - Parceria III
Financial lease sugarcane fields - Parceria IV
Operating leases	(13,006)
Operating leases - IFRS 16	(37,007)
Finance lease total	(50,013)
New contracts [Member]
Statement Line Items [Line Items]
Financial lease sugarcane fields - Parceria III
Financial lease sugarcane fields - Parceria IV
Operating leases	5,850
Operating leases - IFRS 16	28,966
Finance lease total	R$ 34816
[1]	As reclassified according to note 2.1

Leases payable (Details 2)

Leases payable (Details 2) R$ in Thousands	12 Months Ended
	Jun. 30, 2020BRL (R$)
Disclosure of disaggregation of revenue from contracts with customers [line items]
Lease liabilities	R$ 152363
Parceria II [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Location	Ribeiro Gonçalves - PI
Lease liabilities	R$ 14390
Parceria III [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Location	Alto Taquari - MT
Lease liabilities	R$ 35167
Parceria III Sugarcane plantation lease [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Location	Alto Taquari
Lease liabilities	R$ 287
Parceria IV - Sugarcane plantation [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Location	São Raimundo de Mangabeira
Lease liabilities	R$ 34011
Parceria V [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Location	São Félix do Xingu - MT
Lease liabilities	R$ 36492
Araucaria [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Location	Mineiros - GO
Lease liabilities	R$ 2271
Parceria VII [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Location	Baixa Grande do Ribeiro - PI
Lease liabilities	R$ 26697
Headquarters [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Location	São Paulo - SP
Lease liabilities	R$ 181
Vehicle lease [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Location	N.A.
Lease liabilities	R$ 549
ervices with identified assets [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Location	N.A.
Lease liabilities	R$ 1840
Lease of vehicles and office in Paraguay [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Location	Assunção - Paraguai
Lease liabilities	R$ 478

Leases payable (Details 3)

Leases payable (Details 3) R$ in Thousands	Jun. 30, 2020BRL (R$)
Leases Payable Details 3Abstract
1 year	R$ 25849
2 years	26,200
3 years	17,674
4 years	16,381
5 years	11,275
Above 5 years	54,984
Total	R$ 152363

Leases payable (Details Textual

Leases payable (Details Textual)	Jun. 30, 2020
Top of range [Member]
Leases payable (Textual)
Incremental borrowing rate	6.91%
Bottom of range [Member]
Leases payable (Textual)
Incremental borrowing rate	4.82%

Trade accounts payable and ot_3

Trade accounts payable and others (Details) - BRL (R$) R$ in Thousands	Jun. 30, 2020	Jun. 30, 2019
Trade Accounts Payable and Others [Abstract]
Trade accounts payable	R$ 55603	R$ 37710
Taxes payable	12,396	7,443
Dividends payable	28,394	42,060
Advances to customers	10,249	5,707
Other liabilities	4,528	34
Total current	111,170	92,954
Taxes payable	25,770	19,451
Other noncurrent	2,232
Total noncurrent	R$ 28002	R$ 19451

Trade accounts payable and ot_4

Trade accounts payable and others (Details 1) - BRL (R$) R$ in Thousands	Jun. 30, 2020	Jun. 30, 2019
Trade Accounts Payable and Others [Abstract]
Raw materials and services	R$ 55603	R$ 37710
Trade accounts payable	R$ 55603	R$ 37710

Loans, financing and debentur_3

Loans, financing and debentures (Details) - BRL (R$) R$ in Thousands		12 Months Ended
		Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Disclosure of fair value measurement of assets [line items]
Transaction costs		R$ 1682	R$ 1546
Loans, financing, debentures and finance leases		514,113	285,853
Loans, financing, debentures and finance leases, Current		217,274	76,608
Loans, financing, debentures and finance leases, Non current		R$ 296839	R$ 209245
Financing for agricultural costs [Member]
Disclosure of fair value measurement of assets [line items]
Index		Fixed rate + CDI	Fixed rate + CDI
Annual interest rates and charges - %
Annual interest rates and charges - %, description		1.80% + 100%
Loans, financing, debentures and finance leases		R$ 40568
Financing for agricultural costs [member]
Disclosure of fair value measurement of assets [line items]
Index		Fixed rate	Fixed rate
Annual interest rates and charges - %			7.00%
Loans, financing, debentures and finance leases			R$ 6293
Financing for agricultural costs [member]
Disclosure of fair value measurement of assets [line items]
Index		Fixed rate	Fixed rate
Annual interest rates and charges - %		3.90%
Loans, financing, debentures and finance leases		R$ 9072
Financing for agricultural costs [member]
Disclosure of fair value measurement of assets [line items]
Index		Fixed rate	Fixed rate
Annual interest rates and charges - %		6.30%
Loans, financing, debentures and finance leases		R$ 108057
Financing for agricultural costs [member]
Disclosure of fair value measurement of assets [line items]
Index		Fixed rate	Fixed rate
Annual interest rates and charges - %		6.34%
Loans, financing, debentures and finance leases		R$ 3251
Financing for agricultural costs [member]
Disclosure of fair value measurement of assets [line items]
Index		Fixed rate	Fixed rate
Annual interest rates and charges - %			6.14%
Loans, financing, debentures and finance leases			R$ 32295
Financing for agricultural costs [member]
Disclosure of fair value measurement of assets [line items]
Index		Fixed rate	Fixed rate
Annual interest rates and charges - %		7.64%
Loans, financing, debentures and finance leases		R$ 9076
Financing for agricultural costs [member]
Disclosure of fair value measurement of assets [line items]
Loans, financing, debentures and finance leases		R$ 170024	R$ 38588
Financing for agricultural costs (USD) [member]
Disclosure of fair value measurement of assets [line items]
Index		Fixed rate	Fixed rate
Annual interest rates and charges - %		7.00%
Loans, financing, debentures and finance leases		R$ 2787
Financing for agricultural costs (USD) [member]
Disclosure of fair value measurement of assets [line items]
Annual interest rates and charges - %		8.50%
Loans, financing, debentures and finance leases		R$ 5573
Financing for agricultural costs (USD) [member]
Disclosure of fair value measurement of assets [line items]
Loans, financing, debentures and finance leases		R$ 8360
Financing for agricultural costs (PYG) [member]
Disclosure of fair value measurement of assets [line items]
Index		Fixed rate	Fixed rate
Annual interest rates and charges - %		8.00%
Loans, financing, debentures and finance leases		R$ 7940
Financing for agricultural costs (PYG) [member]
Disclosure of fair value measurement of assets [line items]
Index		Fixed rate	Fixed rate
Annual interest rates and charges - %		8.25%	8.25%
Loans, financing, debentures and finance leases		R$ 19749	R$ 18364
Financing for agricultural costs (PYG) [member]
Disclosure of fair value measurement of assets [line items]
Loans, financing, debentures and finance leases		R$ 27689	R$ 18364
Bahia Project Financing [member]
Disclosure of fair value measurement of assets [line items]
Index		Fixed rate	Fixed rate
Annual interest rates and charges - %		3.50%	3.50%
Loans, financing, debentures and finance leases		R$ 10023	R$ 9612
Bahia Project Financing [member]
Disclosure of fair value measurement of assets [line items]
Index		Fixed rate	Fixed rate
Annual interest rates and charges - %		4.00%
Loans, financing, debentures and finance leases		R$ 2668
Bahia Project Financing [member]
Disclosure of fair value measurement of assets [line items]
Index		Fixed rate	Fixed rate
Annual interest rates and charges - %		6.50%	6.50%
Loans, financing, debentures and finance leases		R$ 66	R$ 198
Bahia Project Financing [member]
Disclosure of fair value measurement of assets [line items]
Index		Fixed rate	Fixed rate
Annual interest rates and charges - %		7.50%	7.50%
Loans, financing, debentures and finance leases		R$ 165	R$ 497
Bahia Project Financing [member]
Disclosure of fair value measurement of assets [line items]
Index		Fixed rate	Fixed rate
Annual interest rates and charges - %			9.00%
Loans, financing, debentures and finance leases			R$ 15559
Bahia Project Financing [member]
Disclosure of fair value measurement of assets [line items]
Loans, financing, debentures and finance leases	[1]	R$ 10254	R$ 28534	R$ 30277
Financing of working capital [member]
Disclosure of fair value measurement of assets [line items]
Index		Fixed rate + CDI	Fixed rate + CDI
Annual interest rates and charges - %
Annual interest rates and charges - %, description		2% + 100%
Loans, financing, debentures and finance leases		R$ 77516
Financing of working capital [member]
Disclosure of fair value measurement of assets [line items]
Loans, financing, debentures and finance leases		R$ 77516
Financing of Machinery and Equipment – FINAME
Disclosure of fair value measurement of assets [line items]
Index		Fixed rate	Fixed rate
Annual interest rates and charges - %		7.22%	7.22%
Loans, financing, debentures and finance leases		R$ 230	R$ 321
Financing of Machinery and Equipment – FINAME [member]
Disclosure of fair value measurement of assets [line items]
Index		Fixed rate + TJLP	Fixed rate + TJLP
Annual interest rates and charges - %			3.73%
Loans, financing, debentures and finance leases			R$ 1285
Financing of Machinery and Equipment – FINAME [member]
Disclosure of fair value measurement of assets [line items]
Index		Fixed rate	Fixed rate
Annual interest rates and charges - %			8.50%
Loans, financing, debentures and finance leases			R$ 2204
Financing of Machinery and Equipment – FINAME [member]
Disclosure of fair value measurement of assets [line items]
Index		Fixed rate	Fixed rate
Annual interest rates and charges - %			10.50%
Loans, financing, debentures and finance leases			R$ 1732
Financing of Machinery and Equipment – FINAME [member]
Disclosure of fair value measurement of assets [line items]
Loans, financing, debentures and finance leases		R$ 230	R$ 5542	6,041
Financing of Sugarcane one [Member]
Disclosure of fair value measurement of assets [line items]
Index		Fixed rate	Fixed rate
Annual interest rates and charges - %		6.76%	6.76%
Loans, financing, debentures and finance leases		R$ 2447	R$ 2863
Financing of Sugarcane Two [Member]
Disclosure of fair value measurement of assets [line items]
Index		Fixed rate	Fixed rate
Annual interest rates and charges - %		6.14%
Loans, financing, debentures and finance leases		R$ 40857	R$ 27580
Financing of Sugarcane Three [Member]
Disclosure of fair value measurement of assets [line items]
Index		Fixed rate	Fixed rate
Annual interest rates and charges - %		6.34%
Loans, financing, debentures and finance leases		R$ 29986
Financing of Sugarcane Four [Member]
Disclosure of fair value measurement of assets [line items]
Index		Fixed rate + TJLP	Fixed rate + TJLP
Annual interest rates and charges - %			3.80%
Loans, financing, debentures and finance leases			R$ 10948
Financing of Sugarcane Five [Member]
Disclosure of fair value measurement of assets [line items]
Index		Fixed rate	Fixed rate
Annual interest rates and charges - %			10.00%
Loans, financing, debentures and finance leases			R$ 2091
Financing of Sugarcane [Member]
Disclosure of fair value measurement of assets [line items]
Loans, financing, debentures and finance leases		R$ 73290	R$ 43482	34,512
Debentures One [Member]
Disclosure of fair value measurement of assets [line items]
Index		CDI	CDI
Annual interest rates and charges - %		106.50%	106.50%
Loans, financing, debentures and finance leases		R$ 88884	R$ 91518
Debentures Two [Member]
Disclosure of fair value measurement of assets [line items]
Index		CDI	CDI
Annual interest rates and charges - %		110.00%	110.00%
Loans, financing, debentures and finance leases		R$ 59548	R$ 61371
Debentures [Member]
Disclosure of fair value measurement of assets [line items]
Loans, financing, debentures and finance leases		R$ 148432	R$ 152889	R$ 143108
[1]	Financing to raise funds for opening of areas and improvements in Jatoba and Chaparral farms.

Loans, financing and debentur_4

Loans, financing and debentures (Details 1) - BRL (R$) R$ in Thousands	Jun. 30, 2020	Jun. 30, 2019
Statement Line Items [Line Items]
Breakdown of debt	R$ 514113	R$ 285853
Fixed rate
Statement Line Items [Line Items]
Breakdown of debt	247,597	120,731
CDI [member]
Statement Line Items [Line Items]
Breakdown of debt	266,516	152,889
TJLP [member]
Statement Line Items [Line Items]
Breakdown of debt		R$ 12233

Loans, financing and debentur_5

Loans, financing and debentures (Details 2) - BRL (R$) R$ in Thousands	Jun. 30, 2020	Jun. 30, 2019
Statement Line Items [Line Items]
Maturities of short- and long-term loans	R$ 514113	R$ 285853
1 year [member]
Statement Line Items [Line Items]
Maturities of short- and long-term loans	217,274	76,608
2 years [member]
Statement Line Items [Line Items]
Maturities of short- and long-term loans	198,793	78,326
3 years [member]
Statement Line Items [Line Items]
Maturities of short- and long-term loans	51,670	51,283
4 years [member]
Statement Line Items [Line Items]
Maturities of short- and long-term loans	22,098	50,909
5 years [member]
Statement Line Items [Line Items]
Maturities of short- and long-term loans	8,269	21,999
Above five years [Member]
Statement Line Items [Line Items]
Maturities of short- and long-term loans	R$ 16009	R$ 6728

Loans, financing and debentur_6

Loans, financing and debentures (Details 3) - BRL (R$) R$ in Thousands		12 Months Ended
		Jun. 30, 2020	Jun. 30, 2019
Disclosure of detailed information about borrowings [line items]
Balance at beginning		R$ 285853
Acquisition Agrifirma		123,862
Contracting		301,009	90,594
Payment of principal		(143,967)	(73,178)
Payment Interest		(86,013)	(4,037)
Appropriation of interest		23,710	17,650
Foreign exchange variation		9,659	(980)
Balance at end		514,113	285,853
Agricultural Cost Financing (Reais) [Member]
Disclosure of detailed information about borrowings [line items]
Balance at beginning		38,588	31,847
Acquisition Agrifirma
Contracting		166,346	37,523
Payment of principal		(38,185)	(32,148)
Payment Interest		(1,848)
Appropriation of interest		5,123	1,366
Foreign exchange variation
Balance at end		170,024	38,588
Agricultural Cost Financing (PYG) [Member]
Disclosure of detailed information about borrowings [line items]
Balance at beginning		18,364	11,486
Acquisition Agrifirma
Contracting		14,181	22,838
Payment of principal		(4,017)	(15,046)
Payment Interest		(1,020)	(1,297)
Appropriation of interest		2,007	1,365
Foreign exchange variation		6,534	(982)
Balance at end		36,049	18,364
Bahia Project Financing [Member]
Disclosure of detailed information about borrowings [line items]
Balance at beginning	[1]	28,534	30,277
Acquisition Agrifirma	[1]
Contracting	[1]
Payment of principal	[1]	(16,953)	(3,018)
Payment Interest	[1]	(2,864)	(318)
Appropriation of interest	[1]	1,537	1,593
Foreign exchange variation	[1]
Balance at end	[1]	10,254	28,534
Financing of Machinery and Equipment - FINAME [Member]
Disclosure of detailed information about borrowings [line items]
Balance at beginning		5,542	6,041
Acquisition Agrifirma
Contracting
Payment of principal		(5,346)	(479)
Payment Interest		(481)	(560)
Appropriation of interest		433	538
Foreign exchange variation		82	2
Balance at end		230	5,542
Sugarcane Financing [member]
Disclosure of detailed information about borrowings [line items]
Balance at beginning		43,482	34,512
Acquisition Agrifirma
Contracting		43,482	30,233
Payment of principal		(15,689)	(22,487)
Payment Interest		(2,194)	(1,862)
Appropriation of interest		4,208	3,086
Foreign exchange variation		1
Balance at end		73,290	43,482
Debentures [Member]
Disclosure of detailed information about borrowings [line items]
Balance at beginning		152,889	143,108
Acquisition Agrifirma
Contracting
Payment of principal
Payment Interest		(11,626)
Appropriation of interest		7,169	9,781
Foreign exchange variation
Balance at end		148,432	152,889
Transaction costs [Member]
Disclosure of detailed information about borrowings [line items]
Balance at beginning		(1,546)	(1,467)
Acquisition Agrifirma
Contracting
Payment of principal
Payment Interest
Appropriation of interest		(136)	(79)
Foreign exchange variation
Balance at end		(1,682)	(1,546)
Working Capital Financing [Member]
Disclosure of detailed information about borrowings [line items]
Balance at beginning
Acquisition Agrifirma		123,862
Contracting		77,000
Payment of principal		(63,777)
Payment Interest		(65,980)
Appropriation of interest		3,369
Foreign exchange variation		3,042
Balance at end		R$ 77516
[1]	Financing to raise funds for opening of areas and improvements in Jatoba and Chaparral farms.

Loans, financing and debentur_7

Loans, financing and debentures (Details Textual) R$ in Thousands	1 Months Ended
	May 25, 2018BRL (R$)
Loans, financing and debentures (Textual)
Non-convertible debentures issued	R$ 142200
Debentures description	The maturity date of the first-series debentures is August 1, 2022 ("maturity date of the first series") and their unit face value will be paid in three (3) annual installments, the first on July 30, 2020 and the final on the maturity date of the first series. Compensatory interest corresponding to one hundred six point fifty percent (106.50%) of the DI rate will be accrued on the unit face value of first-series debentures, which will be paid on July 30 of each year or on the maturity date of the first series. The maturity date of the second-series debentures is July 31, 2023 ("maturity date of the second series") and their unit face value will be paid in four (4) annual installments, the first on July 30, 2020 and the final on the maturity date of the second series. Compensatory interest corresponding to one hundred ten percent (110.00%) of the overnight DI rate will be accrued on the unit face value of second-series debentures, which will be paid on July 30 of each year or on the maturity date of the second series.
First Series [Member]
Loans, financing and debentures (Textual)
Non-convertible debentures issued	R$ 85200
Second Series [Member]
Loans, financing and debentures (Textual)
Non-convertible debentures issued	R$ 57000

Income and social contributio_3

Income and social contribution taxes (Details) - BRL (R$) R$ in Thousands	Jun. 30, 2020	Jun. 30, 2019
Noncurrent
Tax loss carryforwards (NOL)	R$ 63066	R$ 54555
Biological assets	1,389	6,275
Financial lease	13,886	3,443
Contingency, bonuses and fair value	4,794	9,374
Derivative financial instruments	4,720	2,185
Allowance for expected credit losses	890	488
Difference in cost of farms	170	170
Provision of other accounts payable and receivable	2,550	2,468
Subscription warrant	358
Total non-current assets	91,823	78,958
Noncurrent
Biological assets	27,735	11,546
Finance lease		58
Surplus on investment	1,733	1,733
Costs of transactions	570	526
Provision of residual value and useful life of PPE assets	981	1,880
Accelerated depreciation of assets for rural activity	44,606	42,705
Deferred taxes on surplus value of PPE and investment property – Acquisition of  Agrifirma	26,947
Total	102,572	58,448
Deferred assets, net	23,282	20,510
Deferred liabilities, net	(34,031)
Net balance	R$ 10749	R$ 20510

Income and social contributio_4

Income and social contribution taxes (Details 1) - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Income and Social Contribution Taxes [Abstract]
Deferred tax liability asset	R$ 10749	R$ 32742
Tax losses	8,511	11,113
Adjustments in biological assets and agricultural products	(21,075)	2,173
Financial lease	10,501	1,830
Provisions for contingency and fair value	(4,580)	1,823
Derivative financial instruments	2,535	1,821
Costs of transactions	(44)	(27)
Allowance for doubtful accounts	402	(180)
Provision for other accounts payable and receivable	82	674
Accelerated depreciation of assets for rural activity	(1,002)	(31,459)
Subscription warrant	358
Deferred taxes on surplus value of PPE and investment property – Acquisition of Agrifirma (Note 1.6)	(27,731)
Realization of deferred taxes on surplus value of PPE and investment property – Acquisition of Agrifirma	784
Deferred tax liability asset	R$ 20510	R$ 10749

Income and social contributio_5

Income and social contribution taxes (Details 2) R$ in Thousands	Jun. 30, 2020BRL (R$)
Disclosure of amounts to be recovered or settled after twelve months for classes of assets and liabilities that contain amounts to be recovered or settled both no more and more than twelve months after reporting date [line items]
Total	R$ 91823
From one to two years [member]
Disclosure of amounts to be recovered or settled after twelve months for classes of assets and liabilities that contain amounts to be recovered or settled both no more and more than twelve months after reporting date [line items]
Total	44,890
Later than two years and not later than three years [member]
Disclosure of amounts to be recovered or settled after twelve months for classes of assets and liabilities that contain amounts to be recovered or settled both no more and more than twelve months after reporting date [line items]
Total	9,333
Later than three years and not later than four years [member]
Disclosure of amounts to be recovered or settled after twelve months for classes of assets and liabilities that contain amounts to be recovered or settled both no more and more than twelve months after reporting date [line items]
Total	4,188
Later than four years and not later than five years [member]
Disclosure of amounts to be recovered or settled after twelve months for classes of assets and liabilities that contain amounts to be recovered or settled both no more and more than twelve months after reporting date [line items]
Total	4,255
Later than five years and not later than ten years [member]
Disclosure of amounts to be recovered or settled after twelve months for classes of assets and liabilities that contain amounts to be recovered or settled both no more and more than twelve months after reporting date [line items]
Total	R$ 29157

Income and social contributio_6

Income and social contribution taxes (Details 3) - BRL (R$) R$ in Thousands		12 Months Ended
		Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Income and Social Contribution Taxes [Abstract]
Income before income and social contribution taxes		R$ 133529	R$ 199798	R$ 152257
Combined nominal rate of income tax and social contribution taxes – %		34.00%	34.00%	34.00%
Net combined nominal rate of income tax and social contribution taxes		R$ 45400	R$ 67931	R$ 51767
Share of loss in a Joint Venture		(51)	375	4,988
Management bonus		(2,411)	(2,827)	(2,331)
Share-based incentive plan - ILPA		126	(232)	(208)
Nondeductible expenses			(126)	(135)
Profit or loss of joint venture abroad		(1,070)	(2,618)
Net effect of subsidiaries taxed whose profit is computed as a percentage of gross revenue	[1]	35,999	51,126	19,121
Net effect of re-distribution of the assets and liabilitiesof joint venture abroad (Note 1.1)				4,778
Other permanent addition		(1,168)	(486)	(365)
Income and social contribution taxes for the year		(13,975)	(22,719)	(25,919)
Current		(10,447)	(10,487)	(4,875)
Deferred		(3,528)	(12,232)	(21,044)
Net income and social contribution taxes for the year		R$ 13975	R$ 22719	R$ 25919
Effective tax rate		(10.00%)	(11.00%)	(17.00%)
[1]	For some of our real estate subsidiaries, profit tax is measured based on the regime whereby profit is computed as a percentage of gross revenue, i.e., income tax is determined on a simplified base to calculate the taxable profit (32% for lease revenues, 8% for sale of farms and 100% for other earnings). This results effectively in taxing the profit of subsidiaries at a rate lower than if taxable income were based on accounting records.

Income and social contributio_7

Income and social contribution taxes (Details Textual)	12 Months Ended
	Jun. 30, 2020
Income and social contribution taxes (Textual)
Income and social contribution tax expenses, description	For some of our real estate subsidiaries, profit tax is measured based on the regime whereby profit is computed as a percentage of gross revenue, i.e., income tax is determined on a simplified base to calculate the taxable profit (32% for lease revenues, 8% for sale of farms and 100% for other earnings). This results effectively in taxing the profit of subsidiaries at a rate lower than if taxable income were based on accounting records.

Other Liabilities (Details)

Other Liabilities (Details) R$ in Thousands	Jun. 30, 2020BRL (R$)
Other Liabilities [Abstract]
Accounts payable for acquisition of Serra Grande Farm	R$ 14263	[1]
Variable consideration for acquisition of Agrifirma	25,128	[2]
Other liabilities	39,391
Current	5,017
Non-current	R$ 34374
[1]	On May 18, 2020, the Company acquired 4,489 hectares of Serra Grande Farm for R$25,047. On June 30, 2020, the liability mainly refers to the delivery of 162,000 bags of soybean in three annual installments of 54,000 bags each. The Company maintains its liability measured at fair value through profit or loss.
[2]	The consideration transferred in exchange for control of Agrifirma is divided into four classes, classified in the financial statement in accordance with their characteristics. Restricted shares, Agrifirma Warrants and Agrifirma Warrant Dividends, given their variation factor, were classified as financial liability and are measured at fair value through profit or loss. The impact of this variation in profit or loss on June 30, 2020 was R$1,053.

Other Liabilities (Details 1)

Other Liabilities (Details 1) R$ in Thousands	12 Months Ended
	Jun. 30, 2020BRL (R$)
Statement Line Items [Line Items]
Maturities of accounts payable due to acquisition	R$ 14263
1 year [Member]
Statement Line Items [Line Items]
Maturities of accounts payable due to acquisition	5,017
2 years [Member]
Statement Line Items [Line Items]
Maturities of accounts payable due to acquisition	4,649
3 years [Member]
Statement Line Items [Line Items]
Maturities of accounts payable due to acquisition	R$ 4597

Other Liabilities (Details Text

Other Liabilities (Details Textual) - Business combinations [member] - BRL (R$) R$ in Thousands	1 Months Ended	12 Months Ended
	Apr. 20, 2020	Jun. 30, 2020
Statement Line Items [Line Items]
Descrition of acquire Serra Grande Farm	The Company acquired 4,489 hectares of Serra Grande Farm for R$25,047. On June 30, 2020, the liability mainly refers to the delivery of 162,000 bags of soybean in three annual installments of 54,000 bags each. The Company maintains its liability measured at fair value through profit or loss.
Variation in profit or loss		R$ 1053

Equity (Details)

Equity (Details) - shares	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Disclosure of transactions between related parties [line items]
Total shares of paid-up capital	62,104,301	56,888,916
Total free float shares	38,975,428	21,910,701
Free float shares as percentage of total shares (%)	63.00%	39.00%
Treasury [Member]
Disclosure of transactions between related parties [line items]
Total shares of paid-up capital	2,761,820	3,086,748
Other [Member]
Disclosure of transactions between related parties [line items]
Total shares of paid-up capital	38,975,428	21,916,701
Cresud S.A.C.I.F.Y.A. [Member]
Disclosure of transactions between related parties [line items]
Total shares of paid-up capital	19,910,800	23,291,500
Board of Directors [Member]
Disclosure of transactions between related parties [line items]
Total shares of paid-up capital	192,800	8,462,700
Executive Board [Member]
Disclosure of transactions between related parties [line items]
Total shares of paid-up capital	263,453	131,267
Officers [Member]
Disclosure of transactions between related parties [line items]
Total shares of paid-up capital	456,253	8,593,967

Equity (Details 1)

Equity (Details 1) R$ in Thousands	12 Months Ended
	Jun. 30, 2020BRL (R$)shares
Equity Details 1Abstract
Unrestricted shares (in shares) | shares	4,402,404
Restricted shares (in shares) | shares	812,981	[1]
Shares issued in the initial exchange ratio / Capital increase (in shares) | shares	5,215,385
Unrestricted shares (final exchange ratio) (in shares) | shares	4,044,654
Unrestricted shares	R$ 97569
Restricted shares	18,018	[1]
Shares issued in the initial exchange ratio / Capital increase	115,587
Unrestricted shares (final exchange ratio)	82,021
Additional paid in capital	R$ 33566
[1]	Shares with restrictions on sale do not meet the definition of equity instruments and are registered as financial liabilities.

Equity (Details 2)

Equity (Details 2) - BRL (R$) R$ / shares in Units, R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Equity
Profit for the year	R$ 119554	R$ 177079
(-) Constitution of legal reserve (5% of net profit)	(5,978)	(8,854)
Adjusted profit for the year	113,576	168,225
(-) Mandatory minimum dividends - 25% of adjusted net profit	(28,394)	(42,056)
(-) Additional dividends proposed	(13,606)	(7,944)
Proposed dividends	(42,000)	(50,000)
Constitution of reserve for investments and expansion	71,576	118,225
Total shares of paid up capital (per thousand shares)	62,104	56,889
(-) Treasury shares (per thousand shares)	(2,762)	(3,087)
(=) Outstanding shares (per thousand shares)	R$ 59342	R$ 53802
Dividend per share (R$)	R$ 0.71	R$ 0.93

Equity (Details 3)

Equity (Details 3) - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Equity
Beginning	R$ 35208	R$ 35208
Beginning (in shares)	3,086,748	3,086,748
Transfers (Note 23.a)	R$ 3707
Transfers (Note 23.a) (in shares)	(324,928)
Ending	R$ 31501	R$ 35208
Ending (in shares)	2,761,820	3,086,748

Equity (Details 4)

Equity (Details 4) - R$ / shares	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Equity
Price of share - R$	R$ 20.96	R$ 16.60
Maturity (years)	15 years	15 years
Maturity (day/month/year)	Apr. 27, 2021	Apr. 27, 2021
Exercise price at year end - R$/share	R$ 20.66	R$ 20.23
Number of existing shares	62,104,301	56,888,916
Percentage of capital available for conversion (shares) - %	R$ 20	R$ 20
Number of outstanding shares and stock purchase warrants	256,000	256,000

Equity (Details Textual)

Equity (Details Textual) - BRL (R$) R$ in Thousands	Nov. 14, 2019	Mar. 15, 2006	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Equity
Capital			R$ 699811	R$ 584224
Dividends, Description	The Company paid the dividends approved at the Annual Shareholders Meeting held on October 16, 2019, which included minimum mandatory dividends of R$42,056 and additional dividends proposed of R$7,944. In accordance with article 40 of the Bylaws, dividends not received or claimed will be time-barred within three (3) years from the date they were made available to the shareholder, and will revert to the Company.
Minimum mandatory dividends	R$ 42056
Dividends proposed	R$ 7944
Issuance of subscription warrants		512,000
Subscription warrants, description		The Board of Directors approved the issuance of 512,000 shares subscription warrants, 256,000 of which for first issue, and 256,000 for second issue, which were delivered to the founder shareholders, in proportion to their interest in the Company's capital at the date of issue of the subscription warrant.
Foreign exchange rate differences, Description			The effects from foreign exchange rate differences arising from the translation of Cresca, Palmeiras and Moroti financial statements amounted to R$76,463 (negative (R$1,007) on June 30, 2019 and R$27,084 on June 30, 2018), and the accumulated effect totalled to R$115,339 as of June 30, 2020 (R$38,876 as of June 30, 2019 and R$39,883 as of June 30, 2018, due to the write-off of (R$30,616) upon the re-distribution of the assets and liabilities of Cresca in the fiscal year ended June 30, 2018).
Increase in capital			R$ 3000000

Segment information (Details)

Segment information (Details) - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Disclosure of disaggregation of revenue from contracts with customers [line items]
Net revenue	R$ 487568	R$ 357910	R$ 244278
Gain from sale of farm	61,420	142,812
Gain (loss) on fair value of biological assets and agricultural products (Note 9)	160,371	56,718
Reversal of provision for agricultural products after harvest	(4,153)	(2,040)
Cost of sales	483,813	319,214	228,319
Gross profit	221,393	236,186	155,742
Operating income (expenses)
Selling expenses	(14,300)	(10,536)	(10,087)
General and administrative expenses	(43,890)	(38,812)	(34,945)
Other operating income	1,231	(1,064)
Equity pickup	(150)	1,102	14,671
Operating income (loss)	164,284	186,876	160,813
Net financial income
Financial income	375,413	310,538	129,323
Financial expenses	406,168	297,616	137,879
Net income (loss) before taxes	133,529	199,798
Income and social contribution taxes	13,975	22,719	25,919
Net income (loss) for the year	119,554	177,079	R$ 126338
Total assets	2,044,368	1,357,614
Total liabilities	922,799	477,081
Real estate [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Net revenue	14,680	8,520
Gain from sale of farm	61,420	142,812
Gain (loss) on fair value of biological assets and agricultural products (Note 9)
Reversal of provision for agricultural products after harvest
Cost of sales	(4,876)	(1,788)
Gross profit	71,224	149,544
Operating income (expenses)
Selling expenses	3,731	(35)
General and administrative expenses
Other operating income
Equity pickup
Operating income (loss)	74,955	149,509
Net financial income
Financial income	146,161	93,460
Financial expenses	(133,795)	(116,502)
Net income (loss) before taxes	87,321	126,467
Income and social contribution taxes	(6,722)	(7,724)
Net income (loss) for the year	80,599	118,743
Total assets	1,171,762	777,664
Total liabilities	161,609
Grains [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Net revenue	233,413	171,735
Gain from sale of farm
Gain (loss) on fair value of biological assets and agricultural products (Note 9)	86,373	18,714
Reversal of provision for agricultural products after harvest	(4,153)	(2,040)
Cost of sales	(245,805)	(156,656)
Gross profit	69,828	31,753
Operating income (expenses)
Selling expenses	(16,247)	(10,885)
General and administrative expenses
Other operating income
Equity pickup
Operating income (loss)	53,581	20,868
Net financial income
Financial income	11,325	13,699
Financial expenses	(39,362)	(9,566)
Net income (loss) before taxes	25,544	25,001
Income and social contribution taxes	(8,685)	(8,500)
Net income (loss) for the year	16,859	16,501
Total assets	226,733	156,420
Total liabilities	220,751	85,486
Cotton [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Net revenue	13,052
Gain from sale of farm
Gain (loss) on fair value of biological assets and agricultural products (Note 9)	1,373	2,619
Reversal of provision for agricultural products after harvest
Cost of sales	(13,529)
Gross profit	896	2,619
Operating income (expenses)
Selling expenses	(282)
General and administrative expenses
Other operating income
Equity pickup
Operating income (loss)	614	2,619
Net financial income
Financial income	886
Financial expenses	(3,651)
Net income (loss) before taxes	(2,151)	2,619
Income and social contribution taxes	731
Net income (loss) for the year	(1,420)	2,619
Total assets	17,224	12,955
Total liabilities
Sugarcane [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Net revenue	192,942	160,476
Gain from sale of farm
Gain (loss) on fair value of biological assets and agricultural products (Note 9)	75,861	34,511
Reversal of provision for agricultural products after harvest
Cost of sales	(184,811)	(142,303)
Gross profit	83,992	52,684
Operating income (expenses)
Selling expenses	(1,136)
General and administrative expenses
Other operating income
Equity pickup
Operating income (loss)	82,856	52,684
Net financial income
Financial income		79,232
Financial expenses	(4,828)	(44,948)
Net income (loss) before taxes	78,028	86,968
Income and social contribution taxes	(26,530)	(29,569)
Net income (loss) for the year	51,498	57,399
Total assets	161,706	157,920
Total liabilities	73,290	43,482
Cattle raising [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Net revenue	32,674	16,795
Gain from sale of farm
Gain (loss) on fair value of biological assets and agricultural products (Note 9)	(1,298)	1,526
Reversal of provision for agricultural products after harvest
Cost of sales	(32,436)	(17,118)
Gross profit	(1,060)	1,203
Operating income (expenses)
Selling expenses	(366)	(201)
General and administrative expenses
Other operating income
Equity pickup
Operating income (loss)	(1,426)	1,002
Net financial income
Financial income
Financial expenses	(1,532)
Net income (loss) before taxes	(2,958)	1,002
Income and social contribution taxes	1,006	(341)
Net income (loss) for the year	(1,952)	661
Total assets	35,905	39,135
Total liabilities
Other [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Net revenue	807	384
Gain from sale of farm
Gain (loss) on fair value of biological assets and agricultural products (Note 9)	(1,938)	(652)
Reversal of provision for agricultural products after harvest
Cost of sales	(2,356)	(1,349)
Gross profit	(3,487)	(1,617)
Operating income (expenses)
Selling expenses		585
General and administrative expenses
Other operating income
Equity pickup
Operating income (loss)	(3,487)	(1,032)
Net financial income
Financial income	23,053	11,549
Financial expenses	(43,175)
Net income (loss) before taxes	(23,609)	10,517
Income and social contribution taxes	8,027	(3,576)
Net income (loss) for the year	(15,582)	6,941
Total assets	26,678	26,733
Total liabilities
Corporate [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Net revenue
Gain from sale of farm
Gain (loss) on fair value of biological assets and agricultural products (Note 9)
Reversal of provision for agricultural products after harvest
Cost of sales
Gross profit
Operating income (expenses)
Selling expenses
General and administrative expenses	(43,890)	(38,812)
Other operating income	1,231	(1,064)
Equity pickup	(150)	1,102
Operating income (loss)	(42,809)	(38,774)
Net financial income
Financial income	193,988	112,598
Financial expenses	(179,825)	(126,600)
Net income (loss) before taxes	(28,646)	(52,776)
Income and social contribution taxes	18,198	26,991
Net income (loss) for the year	(10,448)	(25,785)
Total assets	404,360	186,787
Total liabilities	R$ 467149	R$ 348113

Segment information (Details 1)

Segment information (Details 1) - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Disclosure of disaggregation of revenue from contracts with customers [line items]
Net income	R$ 119554	R$ 177079	R$ 126338
Non-current	1,401,904	916,787
Brazil
Disclosure of disaggregation of revenue from contracts with customers [line items]
Net income	464,998	329,071
Non-current	853,957	516,768
Paraguay [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Net income	22,570	28,839
Non-current	R$ 275957	R$ 188785

Segment information (Details Te

Segment information (Details Textual)	12 Months Ended
	Jun. 30, 2020
Segment information (Textual)
Information on concentration of clients	In the year ended June 30, 2020, the Company has four clients individually representing 10% or more of consolidated revenues, representing 73% of the total sales of the Company. Of these four clients, two account for 100% of the revenues from the sugarcane segment and two account for 61% of the revenues from the grains segment. There are no clients in other segments that represent 10% or more of revenue of total sales. In the year ended June 30, 2019, the Company has four clients individually representing 10% or more of the revenues from the sugarcane or grains segments, representing 85% of the total sales of the Company. Of these four clients, two account for 100% of the revenues from the sugarcane segment and two account for 71% of the revenues from the grains segment.

Revenues (Details)

Revenues (Details) - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Revenues [Abstract]
Sales of grains	R$ 237904	R$ 175000	R$ 99875
Sales of cotton	13,104
Sales of sugarcane	192,943	163,114	142,037
Sales of beef cattle	33,609	16,974	4,115
Lease	18,127	9,598	6,592
Other revenues	1,658	1,086	132
Gross operating revenue	497,345	365,772	252,751
Sales deductions
Taxes on sales	(9,777)	(7,862)	(8,473)
Net revenue	R$ 487568	R$ 357910	R$ 244278

Revenues (Details 1)

Revenues (Details 1) - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Revenues [Abstract]
Sale of farm	R$ 83179	R$ 238414	R$ 66224
Adjustment to present value	(11,687)	(61,192)	(13,818)
Gross revenue from sale of farm	71,492	177,222	52,406
Sales taxes	(2,610)	(6,469)	(1,913)
Cost of sale of farm	(7,462)	(27,941)	(10,676)
Gain from sale of farm	61,420	142,812	39,817
Selling expenses		(35)
Income tax and social contribution	(2,201)	(5,459)	(1,614)
Net profit from sale of farm	R$ 59219	R$ 137318	R$ 38203

Expenses by nature (Details)

Expenses by nature (Details) - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Statement Line Items [Line Items]
Depreciation and amortization	R$ 60249	R$ 23078	R$ 23222
Personnel expenses	58,086	48,762	30,621
Expenses with service provider	149,401	111,596	57,293
Leasing	13,637	21,315	8,488
Cost of agricultural products	134,972	98,561	130,188
Fair value of cost of agricultural products	96,689	39,163
Freight and storage	14,450	9,608	7,731
Allowance for doubtful accounts	(2,440)	(530)	133
Sale of farms		35
Maintenance, travel expenses and others	16,959	16,974	15,675
Total	542,003	368,562	273,351
Cost of products sold [member]
Statement Line Items [Line Items]
Depreciation and amortization	58,737	22,494	22,406
Personnel expenses	25,115	18,660	4,265
Expenses with service provider	143,808	108,147	53,014
Leasing	13,462	20,512	7,799
Cost of agricultural products	134,972	98,561	130,188
Fair value of cost of agricultural products	96,689	39,163
Freight and storage
Allowance for doubtful accounts
Sale of farms
Maintenance, travel expenses and others	11,030	11,677	10,647
Total	483,813	319,214	228,319
Selling expenses [member]
Statement Line Items [Line Items]
Depreciation and amortization
Personnel expenses	2,290	1,423	2,223
Expenses with service provider
Leasing
Cost of agricultural products
Fair value of cost of agricultural products
Freight and storage	14,450	9,608	7,731
Allowance for doubtful accounts	(2,440)	(530)	133
Sale of farms		35
Maintenance, travel expenses and others
Total	14,300	10,536	10,087
General and administrative expenses [member]
Statement Line Items [Line Items]
Depreciation and amortization	1,512	584	816
Personnel expenses	30,681	28,679	24,133
Expenses with service provider	5,593	3,449	4,279
Leasing	175	803	689
Cost of agricultural products
Fair value of cost of agricultural products
Freight and storage
Allowance for doubtful accounts
Sale of farms
Maintenance, travel expenses and others	5,929	5,297	5,028
Total	R$ 43890	R$ 38812	R$ 34945

Management compensation and s_3

Management compensation and share based payments (Details) - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Management Compensation And Share Based Payments
Board of directors and executive board compensation	R$ 3789	R$ 2869	R$ 2491
Bonuses	7,093	8,315	6,856
Overall compensation	10,882	11,184	9,347
Share	1,117	741	646
Total compensation	R$ 11999	R$ 11925	R$ 9993

Management compensation and s_4

Management compensation and share based payments (Details Textual) R$ / shares in Units, R$ in Thousands	Oct. 02, 2017	Jun. 30, 2020BRL (R$)NR$ / sharesshares	Jun. 30, 2019BRL (R$)	Jun. 30, 2018BRL (R$)
Disclosure of transactions between related parties [line items]
Total compensation		R$ 11999	R$ 11925	R$ 9993
Stock options, description		To measure the fair value of the benefit, the Company considered the price of the AGRO3 stock on the date of the grant and projected the probable range of stock price at the end of the vesting period based on the past performance of the stock price in a period of 1 year and 4 months (compatible with the period between the grant in June 2018 and the end of the vesting period in October 2018).
Exercise Price (Per share) | R$ / shares		R$ 8.61
Maximum number of shares issued | shares		441,563
Share based expense		R$ 3529	1,648	R$ 844
Vesting Settlement | N		3,707
Cummulative share percentage	2.00%
ILPA Plan [Member]
Disclosure of transactions between related parties [line items]
Share based expense		R$ 4193
Expenses		3,529	1,648
Accumulated expenses		6,020	R$ 2491
Officer and Board of Director [Member]
Disclosure of transactions between related parties [line items]
Total compensation		R$ 13500

Other operating income (expen_3

Other operating income (expenses), net (Details) - BRL (R$) R$ in Thousands		12 Months Ended
		Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Other Operating Income (Expenses), Net [Abstarct]
Loss on sale of PPE		R$ 151	R$ 64	R$ 380
Provision for legal claims		(601)	383	387
Surplus gain from re-distribution of the assets and liabilities	[1]			5,098
Write-off of effect of conversion of joint venture due to re-distribution of the assets and liabilities	[1]			30,616
Agricultural insurance claims		6,315
Expenses with acquisition of Agrifirma		(2,530)
Warrants and restricted shares	[2]	(1,053)
Other	[3]	(749)	(1,383)	(289)
Other operating expenses, net		R$ 1231	R$ 1064	R$ 35432
[1]	On February 9, 2018, the Company concluded the re-distribution of the assets and liabilities of Cresca, with the portion of assets and liabilities transferred to the wholly-owned subsidiary Agropecuaria Moroti S.A. Since the investment was recorded as R$115,478 and the fair value assessed was R$120,576, the Company recorded a gain of R$5,098 in statement of income. Furthermore, R$30,616 held in other comprehensive income that included the effects on the conversion of investment abroad was written off from the statement of income for the year.
[2]	In the acquisition of Agrifirma, BrasilAgro issued warrants as part of the consideration paid, which correspond to rights that entitle the selling shareholders to acquire 601,302 shares for R$0.01. The obligation was recognized as financial liabilities and continues to be measured at fair value due to compliance with certain conditions that could change the number of shares to be transferred (Note 1.1).
[3]	In 2019, the Company made donations to institutions in the amount of R$545.

Other operating income (expen_4

Other operating income (expenses), net (Details Textual) - BRL (R$) R$ / shares in Units, R$ in Thousands	Feb. 09, 2018	Jun. 30, 2020	Jun. 30, 2019
Disclosure of transactions between related parties [line items]
Donations amount			R$ 545
Shareholders to acquire		601,302
Price per share		R$ 0.01
Agreement of Shareholder Carlos Casado S.A [Member]
Disclosure of transactions between related parties [line items]
Investment recorded amount	R$ 115478
Fair value of the assets and liabilities transferred	120,576
Other operating income	5,098
other comprehensive income	R$ 30616

Financial income and expenses_2

Financial income and expenses (Details) - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Financial income
Interest on marketable securities	R$ 5396	R$ 5507	R$ 4341
Interest on receivable	3,619	622	10,462
Monetary variations			160
Foreign exchange variation	14,038	17,110	12,058
Gain on remeasurement of leases	15,246	16,843
Gain on remeasurement of receivables from sale of farms	130,915	156,156	39,337
Realized profit from derivative transactions	50,484	55,611	16,861
Unrealized profit from derivative transactions	155,715	58,689	46,104
Total	375,413	310,538	129,323
Financial expenses
Marketable securities charges	(1,456)	(294)	(1,372)
Bank charges	(706)	(1,334)	(685)
Interest accrued	(25,248)	(18,171)	(28,768)
Monetary variation			(346)
Foreign exchange variation	(15,765)	(17,724)	(11,792)
Gain on remeasurement of leases	(36,091)	(19,309)
Loss on remeasurement of receivables from sale of farms	(72,535)	(142,167)	(26,616)
Realized loss from derivative financial transactions	(91,196)	(35,453)	(23,968)
Unrealized loss from derivative financial transactions	(163,171)	(63,164)	(44,332)
Total	(406,168)	(297,616)	(137,879)
Financial income (expense), net	R$ 30755	R$ 12922	R$ 8556

Financial income and expenses_3

Financial income and expenses (Details 1) - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Financial Income and Expenses [Abstract]
Monetary variations			R$ 186
Foreign exchange difference	(1,727)	(614)	266
Net on remeasurement of leases	(20,845)	(2,466)
Net on remeasurement of receivables from sale of farms	58,380	13,989	12,721
Realized profit (loss) from derivative financial instruments	(40,712)	20,158	(7,107)
Unrealized (loss) profit from Derivative financial instruments	R$ 7456	R$ 4475	R$ 1772

Earnings per share (Details)

Earnings per share (Details) - BRL (R$) R$ / shares in Units, R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Earnings per share [abstract]
Profit attributed to controlling shareholders	R$ 119554	R$ 177079	R$ 126338
Weighted average number of common shares issued (thousands)	56,681	53,802	53,750
Effect from dilution - shares	420	306	64
Weighted average number of common shares issued adjusted by the dilution effect	57,101	54,108	53,813
Basic earnings per share	R$ 2.1092	R$ 3.2913	R$ 2.3505
Diluted earnings per share	R$ 2.0937	R$ 3.2727	R$ 2.3477

Provision for legal claims (Det

Provision for legal claims (Details) - Provision For Probable Losses [Member] - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Disclosure of other provisions [line items]
Opening balance	R$ 824	R$ 1207
Additions	861	303
Monetary restatement	105	114
Reversal/payments	(365)	(800)
Acquisition Agrifirma	60
Ending balance	1,485	824
Labor [Member]
Disclosure of other provisions [line items]
Opening balance	802	990
Additions	418	278
Monetary restatement	103	114
Reversal/payments	(365)	(580)
Acquisition Agrifirma	60
Ending balance	1,018	802
Administrative [Member]
Disclosure of other provisions [line items]
Opening balance
Additions	65
Monetary restatement	2
Reversal/payments
Ending balance	67
Tax [Member]
Disclosure of other provisions [line items]
Opening balance		195
Additions
Monetary restatement
Reversal/payments		(195)
Acquisition Agrifirma
Ending balance
Civil [Member]
Disclosure of other provisions [line items]
Opening balance	22	22
Additions	378	25
Monetary restatement
Reversal/payments		(25)
Acquisition Agrifirma
Ending balance	R$ 400	R$ 22

Provision for legal claims (D_2

Provision for legal claims (Details 1) - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Risk of Loss [Member]
Disclosure of other provisions [line items]
Loss Contigencies	R$ 17625	R$ 14356
Judicial Deposits[Member]
Disclosure of other provisions [line items]
Loss Contigencies	1,706	1,667
Civil [Member] | Risk of Loss [Member]
Disclosure of other provisions [line items]
Loss Contigencies	9,532	9,190
Civil [Member] | Judicial Deposits[Member]
Disclosure of other provisions [line items]
Loss Contigencies	150	135
Tax [Member] | Risk of Loss [Member]
Disclosure of other provisions [line items]
Loss Contigencies	4,511	4,062
Tax [Member] | Judicial Deposits[Member]
Disclosure of other provisions [line items]
Loss Contigencies	1,178	1,143
Labor [Member] | Risk of Loss [Member]
Disclosure of other provisions [line items]
Loss Contigencies	3,389	825
Labor [Member] | Judicial Deposits[Member]
Disclosure of other provisions [line items]
Loss Contigencies	378	389
Environmental [Member] | Risk of Loss [Member]
Disclosure of other provisions [line items]
Loss Contigencies	R$ 193	R$ 279

Commitments (Details)

Commitments (Details) - Brenco [Member] R$ in Thousands	12 Months Ended
	Jun. 30, 2020BRL (R$)N	Jun. 30, 2019BRL (R$)N	Jun. 30, 2018BRL (R$)N
Statement Line Items [Line Items]
Number of sugarcane (tons) | N	840,625	761,996	842,960
Net revenue from sugarcane | R$	R$ 82763	R$ 73480	R$ 81375

Commitments (Details 1)

Commitments (Details 1) - Sugarcane agricultural partnership agreement (IV) [Member] R$ in Thousands	12 Months Ended
	Jun. 30, 2020BRL (R$)N	Jun. 30, 2019BRL (R$)N	Jun. 30, 2018BRL (R$)N
Statement Line Items [Line Items]
Quqntity of sugarcane (Tons) | N	1,221,728	1,019,232	838,501
Gross sugarcane sales Partnership IV | R$	R$ 110179	R$ 86996	R$ 56848

Commitments (Details Textual)

Commitments (Details Textual) R$ in Thousands	12 Months Ended
	Jun. 30, 2020BRL (R$)
Commitments (Textual)
Gross sugarcane sales	R$ 82800
Total gross revenue, percentage	16.90%
Sugarcane Agricultural Partnership Agreement (IV) [Member]
Commitments (Textual)
Gross sugarcane sales	R$ 110200
Total gross revenue, percentage	22.50%

Transactions with related par_3

Transactions with related parties (Details) - BRL (R$) R$ in Thousands		Jun. 30, 2020	Jun. 30, 2019
Transactions with related parties (Textual)
Current assets		R$ 616607	R$ 440827
Current liabilities - trade accounts payable
Trade accounts payable		111,170	92,954
Hemir [Member]
Transactions with related parties (Textual)
Current assets	[1]	314	301
Cresud [Member]
Transactions with related parties (Textual)
Current assets	[1]	176	116
Current liabilities - trade accounts payable
Trade accounts payable	[1]	814	556
Other [Member]
Transactions with related parties (Textual)
Current assets	[2]	211	1,570
Non-current assets	[2]	1,511
Current liabilities - trade accounts payable
Trade accounts payable		311	167
Related parties [member]
Transactions with related parties (Textual)
Current assets		701	1,987
Non-current assets		1,511
Current liabilities - trade accounts payable
Trade accounts payable		2,849	2,405
Trade accounts payable [Member]
Current liabilities - trade accounts payable
Trade accounts payable	[3]	1,724	1,358
Irsa [Member]
Current liabilities - trade accounts payable
Trade accounts payable	[1]		51
Ombu [Member]
Current liabilities - trade accounts payable
Trade accounts payable			R$ 273
[1]	Expenses and revenue related to Due Diligence of new acquisitions and implementation of the budget and controls system and reimbursement of general expenses;
[2]	The amounts substantially refer to the total shares exercised under the Second and Third Programs, as detailed in Note 23.
[3]	Acquisition of biological assets and other items related to the Palmeiras operation;

Non-current Assets Held For S_3

Non-current Assets Held For Sale (Details) R$ in Thousands	Jun. 30, 2020BRL (R$)
Non-current assets or disposal groups classified as held for sale or as held for distribution to owners [abstract]
Book value	R$ 28851
Measurement at fair value	(2,994)
Fair value minus selling expenses	R$ 25857	[1]
[1]	Measured at nominal sales value, less brokerage expenses and discounting to present value. The variation in fair value registered between January 27, 2020 (Acquisition of Agrifirma) and this reporting date was R$2,015, registered under financial result.

Non-current Assets Held For S_4

Non-current Assets Held For Sale (Details Textual) - BRL (R$) R$ in Thousands	12 Months Ended
	Jun. 30, 2020	Jan. 27, 2020
Statement Line Items [Line Items]
Non-current assets held for sale	The Company entered into a Sale Commitment of a 2,160 hectare area of the Bananal Farm ("Bananal X"), a property located in the municipality of Luís Eduardo Magalhães (Bahia), with 1,714 hectares of agricultural area and 446 hectares of legal reserve and permanent preservation area. The parties negotiated the property for R$28,000, divided into seven installments, with an advance of R$2,000 to be paid in two installments, with the first on February 20, 2019 and the second 30 days. The advances were received and are recorded as advances from customers.
Agrifirma [Member]
Statement Line Items [Line Items]
Acquisition of Agrifirma		R$ 2015

Insurance (Details)

Insurance (Details) R$ in Thousands	Jun. 30, 2020BRL (R$)
Insurance (Textual)
Liabilities covered by insurance and related amounts	R$ 96604
Civil liability (D&O) [Member]
Insurance (Textual)
Liabilities covered by insurance and related amounts	20,000
Civil, professional and general liability [Member]
Insurance (Textual)
Liabilities covered by insurance and related amounts	10,476
Machinery [Member]
Insurance (Textual)
Liabilities covered by insurance and related amounts	22,296
Fire/lightning/explosion/electrical damage (office) [Member]
Insurance (Textual)
Liabilities covered by insurance and related amounts	7,072
Storage silo (Chaparral Farm) [Member]
Insurance (Textual)
Liabilities covered by insurance and related amounts	R$ 36760

Subsequent events (Details)

Subsequent events (Details) - Subsequent Events [Member] R$ in Thousands	1 Months Ended
	Jul. 31, 2020BRL (R$)a
Subsequent events (Textual)
Sale of land in area | a	1,714
Received sale of nominal value	R$ 7500
Bananal Farm [Member] | Agreement [Member]
Subsequent events (Textual)
Sale of land in area | a	1,134
Nominal sale value	R$ 28000
Sale of commitment	R$ 5500