XML 202 R80.htm IDEA: XBRL DOCUMENT
v3.20.1

Financial risk management - Narrative (Details) $ in Thousands | 12 Months Ended |  |  |
--- | --- | --- | --- | ---
Dec. 31, 2019 USD ($) customer bank | Dec. 31, 2018 USD ($) customer bank | Dec. 31, 2017 USD ($) | Dec. 31, 2016 USD ($) | Jul. 31, 2016 BRL (R$)
Disclosure of major customers [line items] |  |  |  |  |
Proportion of sales designated for hedging activities (as a percent) | 30.20% | 19.50% |  |  |
Gain (loss) on hedge ineffectiveness recognised in other comprehensive income | $ 54,312 | $ 75,822 |  |  |
Reclassification adjustments on cash flow hedges for which hedged item affected profit or loss, net of tax | 15,594 | 26,693 |  |  |
Cash and cash equivalents | $ 290,276 | $ 273,635 | $ 269,195 | $ 158,568 |
Number of major banks | bank | 8 | 5 |  |  |
Gearing ratio | 48.00% | 44.00% |  |  |
Notional amount | $ 37,965 | $ 55,828 |  |  |
Forward contract |  |  |  |  |
Disclosure of major customers [line items] |  |  |  |  |
Notional amount | $ 71,700 | $ 63,300 | $ 111,800 |  |
Bottom of range |  |  |  |  |
Disclosure of major customers [line items] |  |  |  |  |
Gearing ratio | 40.00% |  |  |  |
Top of range |  |  |  |  |
Disclosure of major customers [line items] |  |  |  |  |
Gearing ratio | 60.00% |  |  |  |
Interest rate risk |  |  |  |  |
Disclosure of major customers [line items] |  |  |  |  |
Sensitivity analysis for types of market risk (as a percent) | 1.00% |  |  |  |
Interest rate risk | Bradesco |  |  |  |  |
Disclosure of major customers [line items] |  |  |  |  |
Notional amount | R$ |  |  |  |  | R$ 90,000,000
Interest rate risk | Floating interest rate |  |  |  |  |
Disclosure of major customers [line items] |  |  |  |  |
Interest rate on borrowings (as a percent) |  |  |  |  | 2.10%
Interest rate risk | Fixed interest rate |  |  |  |  |
Disclosure of major customers [line items] |  |  |  |  |
Interest rate on borrowings (as a percent) |  |  |  |  | 6.55%
Credit risk |  |  |  |  |
Disclosure of major customers [line items] |  |  |  |  |
Number of major banks | bank | 6 |  |  |  |
Proportion of total cash deposited in major banks (as a percent) | 85.00% | 78.00% |  |  |
Credit risk | Crops |  |  |  |  |
Disclosure of major customers [line items] |  |  |  |  |
Proportion of sales (as a percent) | 96.00% | 87.00% |  |  |
Number of well-known customers | customer | 42 | 49 |  |  |
Credit risk | Ethanol |  |  |  |  |
Disclosure of major customers [line items] |  |  |  |  |
Proportion of sales (as a percent) | 100.00% |  |  |  |
Number of well-known customers | customer | 52 | 54 |  |  |
Credit risk | Sugar |  |  |  |  |
Disclosure of major customers [line items] |  |  |  |  |
Proportion of sales (as a percent) | 86.00% | 99.00% |  |  |
Number of well-known customers | customer | 66 | 19 |  |  |
Credit risk | Crystal Sugar |  |  |  |  |
Disclosure of major customers [line items] |  |  |  |  |
Proportion of sales (as a percent) | 14.00% | 1.00% |  |  |
Credit risk | Energy |  |  |  |  |
Disclosure of major customers [line items] |  |  |  |  |
Proportion of sales (as a percent) | 94.00% | 97.00% |  |  |
Number of well-known customers | customer | 55 |  |  |  |
Credit risk | Dairy |  |  |  |  |
Disclosure of major customers [line items] |  |  |  |  |
Proportion of sales (as a percent) | 70.00% | 92.00% |  |  |
Number of well-known customers | customer | 36 | 21 |  |  |
Currency risk |  |  |  |  |
Disclosure of major customers [line items] |  |  |  |  |
Sensitivity analysis for types of market risk (as a percent) | 10.00% | 10.00% |  |  |
Argentine Peso | Currency risk | Forward contract |  |  |  |  |
Disclosure of major customers [line items] |  |  |  |  |
Gain (loss) on hedge ineffectiveness recognised in profit or loss | $ 3,000 |  |  |  |
US Dollar | Currency risk | Forward contract |  |  |  |  |
Disclosure of major customers [line items] |  |  |  |  |
Notional amount |  | $ 4,900 |  |  |
Gain (loss) on hedge ineffectiveness recognised in profit or loss |  | 100 |  |  |
Brazilian Reais | Euro-bob swap |  |  |  |  |
Disclosure of major customers [line items] |  |  |  |  |
Gain (loss) on hedge ineffectiveness recognised in profit or loss | 1,600 |  |  |  |
Brazilian Reais | Currency risk | Forward contract |  |  |  |  |
Disclosure of major customers [line items] |  |  |  |  |
Notional amount | 5,100 |  |  |  |
Gain (loss) on hedge ineffectiveness recognised in profit or loss | $ 1,100 | $ 2,000 |  |  |

X
- Definition Concentration Risk, Number of Major Banks + References No definition available. + Details
Name: | agro_ConcentrationRiskNumberofMajorBanks
Namespace Prefix: | agro_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Concentration Risk, Percentage of Total Cash Deposited in Major Banks + References No definition available. + Details
Name: | agro_ConcentrationRiskPercentageofTotalCashDepositedinMajorBanks
Namespace Prefix: | agro_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Gearing Ratio + References No definition available. + Details
Name: | agro_GearingRatio
Namespace Prefix: | agro_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of Customers + References No definition available. + Details
Name: | agro_NumberofCustomers
Namespace Prefix: | agro_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage of Sales Designated for Hedging Activities + References No definition available. + Details
Name: | agro_PercentageofSalesDesignatedforHedgingActivities
Namespace Prefix: | agro_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Sensitivity Analysis for Types of Market Risk, Reasonably Possible Change in Risk Variable, Percent + References No definition available. + Details
Name: | agro_SensitivityAnalysisforTypesofMarketRiskReasonablyPossibleChangeinRiskVariablePercent
Namespace Prefix: | agro_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The interest rate on borrowings. [Refer: Borrowings] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IFRS -Number 7 -IssueDate 2018-01-01 -Paragraph 7 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=7&date=2018-03-01&anchor=para_7&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_BorrowingsInterestRate
Namespace Prefix: | ifrs-full_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 7 -IssueDate 2018-01-01 -Paragraph 45 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=7&date=2018-03-01&anchor=para_45&doctype=Standard -URIDate 2018-03-16 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2018-01-01 -Paragraph B13 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=12&date=2018-03-01&anchor=para_B13_a&doctype=Appendix&seq=2 -URIDate 2018-03-16 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2018-01-01 -Paragraph 54 -Subparagraph i -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_54_i&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_CashAndCashEquivalents
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table. + References No definition available. + Details
Name: | ifrs-full_DisclosureOfMajorCustomersLineItems
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The gain (loss) recognised in other comprehensive income on hedge ineffectiveness. [Refer: Gain (loss) on hedge ineffectiveness] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2018-01-01 -Paragraph 24C -Subparagraph a -Clause i -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=7&date=2018-03-01&anchor=para_24C_a_i&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The gain (loss) recognised in profit or loss on hedge ineffectiveness. [Refer: Gain (loss) on hedge ineffectiveness] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2018-01-01 -Paragraph 24C -Subparagraph a -Clause i -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=7&date=2018-03-01&anchor=para_24C_a_i&doctype=Standard -URIDate 2018-03-16 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2018-01-01 -Paragraph 24C -Subparagraph b -Clause ii -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=7&date=2018-03-01&anchor=para_24C_b_ii&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The nominal or face amount of a financial instrument, used to calculate payments made on that instrument. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2018-01-01 -Paragraph 112 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_112_c&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_NotionalAmount
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition The percentage of the entity's revenue. [Refer: Revenue] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IFRS -Number 8 -IssueDate 2018-01-01 -Paragraph 34 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=8&date=2018-03-01&anchor=para_34&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_PercentageOfEntitysRevenue
Namespace Prefix: | ifrs-full_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of reclassification adjustments on cash flow hedges for which the hedged item affected profit or loss, net of tax. [Refer: Reclassification adjustments on cash flow hedges, net of tax] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2018-01-01 -Paragraph 24C -Subparagraph b -Clause iv -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=7&date=2018-03-01&anchor=para_24C_b_iv&doctype=Standard -URIDate 2018-03-16 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2018-01-01 -Paragraph 24E -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=7&date=2018-03-01&anchor=para_24E_a&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesForWhichHedgedItemAffectedProfitOrLossNetOfTax
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_ForwardContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=agro_BradescoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfInterestRatesAxis=ifrs-full_FloatingInterestRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfInterestRatesAxis=ifrs-full_FixedInterestRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfRisksAxis=ifrs-full_CreditRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | agro_SubsegmentsConsolidationItems1Axis=agro_CropsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | agro_SubsegmentsConsolidationItems1Axis=agro_EthanolMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | agro_SubsegmentsConsolidationItems1Axis=agro_SugarMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | agro_SubsegmentsConsolidationItems1Axis=agro_CrystalSugarMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | agro_SubsegmentsConsolidationItems1Axis=agro_EnergyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | agro_SubsegmentsConsolidationItems1Axis=agro_DairyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_ARS
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_USD
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_BRL
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_SwapContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |