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Sales
12 Months Ended
Dec. 31, 2019
Disclosure of disaggregation of revenue from contracts with customers [abstract]  
Sales
Sales
 
2019
 
2018
 
2017
Manufactured products and services rendered:
 

 
 

 
 

Ethanol
373,847

 
324,661

 
241,650

Sugar
97,710

 
128,377

 
305,688

Energy
60,913

 
57,797

 
62,218

Peanut
28,928

 

 

Sunflower
7,534

 

 

Cotton
623

 

 

Rice
97,515

 
92,560

 
83,849

Fluid milk (UHT)
38,441

 

 

Powder milk
20,722

 
8,646

 
2,713

Other diary products
8,856

 

 

Soybean oil and meal
1,062

 
14,059

 
6,119

Services
4,521

 
487

 
1,144

Rental income
564

 
643

 
771

Others
3,401

 
7,826

 
5,273

 
744,637

 
635,056

 
709,425

Agricultural produce and biological assets:
 

 
 

 
 

Soybean
44,538

 
66,471

 
79,408

Corn
59,714

 
33,106

 
82,482

Wheat
18,733

 
30,091

 
14,835

Peanut

 
1,752

 
3,648

Sunflower
701

 
1,314

 
3,163

Barley
1,085

 
1,203

 
1,888

Seeds
734

 
461

 
727

Milk
9,977

 
19,267

 
31,656

Cattle
3,452

 
1,279

 
467

Cattle for dairy
2,169

 
1,612

 
2,913

Others
1,398

 
1,627

 
2,566

 
142,501

 
158,183

 
223,753

Total sales
887,138

 
793,239

 
933,178


 
Commitments to sell commodities at a future date
 
The Group entered into contracts to sell non-financial instruments, mainly sugar, soybean and corn through sales forward contracts. Those contracts are held for purposes of delivery the non-financial instrument in accordance with the Group’s expected sales. Accordingly, as the own use exception criteria are met; those contracts are not recorded as derivatives.
 
The notional amount of these contracts is US$ 71.7 million as of December 31, 2019 (2018: US$ 63.3 million; 2017: US$ 111.8 million) comprised primarily of 42,125 thousand m3 of ethanol (US$ 4.8 million), 649,245 thousand mwh of energy (US$ 39.0 million), 71,739 thousand tons of soybean (U$S 10.3 million), 18,012 thousand tons of wheat (US$ 3.1 million), and 56,255 thousand tons of corn (US$ 13.5 million) which expire between January and December 2020.