Overview
- The Fideicomiso Acreedores Granarios, representing more than 70 grain-sector firms, said it will support Grassi’s proposal built on a commercial arrangement with Cargill.
- Cargill confirmed talks focused on crushing and by-product commercialization that involve no equity partnership and would take effect only if Grassi prevails.
- Four qualified offers are competing in the process: Grassi, Bunge, Unión Agrícola de Avellaneda, and the Molinos Agro–Louis Dreyfus consortium, with required guarantees deposited.
- The plan must win adhesions from over half of creditors and two-thirds of the verified capital by late October, otherwise the judge will declare bankruptcy.
- Vicentin’s Avellaneda, San Lorenzo and Ricardone plants are running limited tolling operations with urgent repair needs, with union warnings on processing windows into November for sunflower and February 2026 for soy.