August 22, 2019

Matias I. Gaivironsky
Chief Financial Officer
CRESUD INC
Moreno 877 24th Floor
Buenos Aires, Argentina

       Re: CRESUD INC
           Form 20-F for the fiscal year ended June 30, 2018
           Filed October 31, 2018
           Form 20-F for the fiscal year ended June 30, 2017
           Filed October 31, 2017
           File No. 001-29190

Dear Mr. Gaivironsky:

       We have completed our review of your filings. We remind you that the
company and its
management are responsible for the accuracy and adequacy of their disclosures,
notwithstanding
any review, comments, action or absence of action by the staff.



                                                          Sincerely,

                                                          Division of
Corporation Finance
                                                          Office of Real Estate
and
                                                          Commodities