Saputo Inc has withdrawn its long-term adjusted EBITDA aspirations as the company continues to grapple with ‘depressed dairy commodity markets, inflationary pressure, and a challenging consumer spending environment’. The company previously aimed for a long-term target leverage of around 2.25 times net debt to adjusted EBITDA. Adjusted EBITDA is defined as net earnings (loss) before
Rapidly rising emissions from China’s agricultural machinery could “hinder” the country’s push to net-zero, according to new research. The study, published in Nature Food, finds that carbon dioxide (CO2) emissions from agricultural machinery have increased approximately seven-fold in the country since 1985. Using government statistics on the quantity of farm equipment over time, researchers calculate
Ryan Hanrahan | Farmers’ Advance ‘May Day’ protests push back against Trump administration policies “May Day” protesters across the U.S. rallied against President Donald Trump’s policies and billionaire Elon Musk’s influence over the White House. Reuters’ Leah Douglas and P.J. Huffstutter reported that “farm loan employees at the U.S. Department of Agriculture’s Farm Service Agency will
Harare, Zimbabwe – Guy Watson-Smith felt hurt and betrayed when his 5,000-hectare (12,355-acre) farm in Beatrice, in Zimbabwe’s Mashonaland East province, was violently invaded by three armed men in the early 2000s. The then-51-year-old white commercial farmer was not just losing his land; he was leaving behind hundreds of workers and their families, many of
US tariffs could impact Indian exports in agriculture, pharmaceuticals, machinery, chemicals, and more. Experts warn of potential duty hikes and competitiveness issues. New Delhi, Apr 2 (PTI) Goods from sectors, including agriculture, precious stones, chemicals, pharma, medical devices, electricals, and machinery may get impacted if the US will go ahead with imposing reciprocal tariffs on
India’s Agriculture Minister announces a study by CIAE to assess the status of farm machinery and custom hiring, emphasizing government support for farm mechanization. New Delhi, Mar 25 (PTI) Bhopal-based Central Institute of Agricultural Engineering (CIAE) has been asked to conduct a study to assess the status of farm machinery and custom hiring in India,
LAHORE: The Punjab government has announced a significant initiative under the chief minister’s high-tech financing program to promote agricultural mechanization across the province. Through this program, 25 types of agricultural machinery will be made available for rent via service providers, aiming to modernize farming practices and boost productivity. This announcement was made during a consultative
Trump picks Brooke Rollins to be agriculture secretary U.S. President-elect Donald Trump on Saturday chose Brooke Rollins, president of the America First Policy Institute, to be Secretary of Agriculture. Brooke Rollins, who was recently confirmed as secretary of agriculture, visited Louisville Friday for the National Farm Machinery Show. U.S. Secretary of Agriculture Brooke Rollins visited