Saputo Inc has withdrawn its long-term adjusted EBITDA aspirations as the company continues to grapple with ‘depressed dairy commodity markets, inflationary pressure, and a challenging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
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
As of March 1, there were 74.5 million hogs and pigs on United States farms, down slightly from March 2024 and down 1% from Dec. 1, according to the Quarterly Hogs and Pigs report released March 27 by the U.S. Department of Agriculture’s National Agricultural Statistics Service. When looking at the pre-report estimates from a