April 2, 2024
Boa Safra (SOJA3), a leading seed production company in Brazil, announces the commitment to purchase and sell land in the municipality of Campo Novo do Parecis, in Mato Grosso, for the construction of a new Distribution Center (DC) . The works began this Monday (01/04). Mato Grosso is currently the leading state in grain production, being responsible for the cultivation of approximately 12 million hectares of soybeans.
The region is strategic for Brazilian agribusiness and the receipt of seeds by rural producers at the right time for planting is necessary for a successful harvest. “The DC increasingly closer to the farmer allows for removal closer to planting, ensuring packaging in an appropriate location and avoiding loss of quality”, explains Glaube Caldas, director of Operations at Boa Safra.
Boa Safra’s engineering team estimates entry into operation on August 31, 2024, allowing it to serve an area of more than 2 million hectares. The initiative is part of the Company’s expansion plan announced during its IPO process in April 2021. With the new structure, Boa Safra hopes to further improve the customer journey, ensuring quality and safety in deliveries. On site, up to 13,300 big bags can be stored in 6,000 m² of cold rooms, suitable for grain storage. In total, there will be 9,375 m² of built area.
The structure of the distribution center incorporates refrigerated chambers, extending the storage period under ideal conditions for the seeds, preserving their quality and vitality until the moment they are sent to farmers. This procedure helps to ensure ideal temperature and humidity conditions, maintaining seed vigor and germination, resulting in greater customer satisfaction.
The land in Campo Novo do Parecis has 50,000 m² and is located on Rodovia MT-235, at KM 12. The choice of the municipality was strategic to serve Mato Grosso as a whole, positioning Boa Safra with CDs in all regions of the state . The new DC adds to the expansions carried out by the Company and is part of a medium-long term objective of having Distribution Centers in the main regions of Brazil. Boa Safra invests in logistics to ensure fast and efficient delivery of its products to customers.
Founded in 2009, Boa Safra has established itself in the Brazilian market as a leader in the production of soybean seeds. Committed to excellence, the company constantly invests in advanced technology and innovative infrastructure, ensuring seeds with vigor and germination higher than the market average. In 2023, the company recorded a 45% increase in adjusted net profit and expanded its production capacity, going from 170 thousand big bags (of approximately 1,000 kg each) in 2022 to 200 thousand big bags in 2023.
