Another step towards a fully regenerative portfolio

Another step towards a fully regenerative portfolio
We have just completed a major infrastructure upgrade at El Castillo, one of the seven farmland properties we manage in Uruguay. This is a significant milestone in the transition we initiated in 2019 to operate our entire portfolio regeneratively.
Since January, our team has been focused on implementing the core elements of our Adaptive Multi-Paddock (AMP) grazing system, a central pillar of our regenerative approach, to build a 2,200-head sustainable cattle breeding operation from scratch.
In that time, they have installed 65.5 km of electric fences, 17 km of underground water piping and 100 water troughs that form the backbone of a paddock network designed to support AMP grazing. They also drilled and equipped a semi-artesian well to provide a stable year-round water supply.
This infrastructure allows us to manage livestock adaptively, rotating animals across paddocks to support higher stocking rates. This translates into more kilograms of beef produced per hectare and improved operating returns. Just as importantly, this approach improves animal welfare, regenerates soil, restores the small water cycle, boosts biodiversity, and sequesters atmospheric carbon.
A big thank you to our team at El Castillo for their expertise and commitment. Their work continues to move us closer to our goal of building a profitable, resilient, and genuinely regenerative farming system at scale.
Together, we cultivate sustainable growth.