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Trade accounts payable and supply chain finance
6 Months Ended
Jun. 30, 2026
Trade Accounts Payable [Abstract]  
Trade accounts payable and supply chain finance Trade accounts payable and supply chain finance
June 30, 2026December 31, 2025
Commodities1,918,917 2,422,916 
Materials and services3,877,247 3,691,498 
Finished products65,391 91,838 
Present value adjustment(9,893)(8,152)
Total trade accounts payable5,851,662 6,198,100 
Total supplier financing (1)
1,195,548 1,134,459 
Total7,047,210 7,332,559 
(1)There were no significant changes in relation to the nature and policies of the supply chain financing balances presented, compared to the information disclosed in the Group’s annual consolidated financial statements as of December 31, 2025.
Commitment to Purchase for Future Delivery
The Group has cattle purchase commitments for future delivery established with certain suppliers, ensuring the acquisition of cattle at a fixed or to-be-determined price, without any cash impact on the Group. until the cattle are delivered and the transaction matures. Based on these future delivery contracts, suppliers can advance the transaction with banks under the supply chain financing arrangement. As of June 30, 2026, the amount related to this transaction was US$234,206 (US$140,956 as of December 31, 2025), and this transaction has been recorded as Supplier financing since its inception.