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'Wizard of Oz'-themed butter sculpture unveiled at New York State Fair
NBC News· 2025-08-20 20:18
I can't believe it's butter. The American Dairy Association unveiled the 57th annual butter sculpture at the great New York State Fair. And let's just say it's really on a roll.This enormous spread is made up of 800 lb of butter. It's inspired by the 125th anniversary of the Wizard of Oz. It took 11 days to whip up this sculpture, and so clearly there was no margarine for error.Once the fair ends, the butter will be recycled and used as a renewable energy source. ...
X @Bloomberg
Bloomberg· 2025-08-20 10:32
China Mengniu Dairy is considering selling a minority stake of about 20% in ice-cream brand Aice https://t.co/ggKYxI866m ...
Adecoagro S.A.(AGRO) - 2025 Q2 - Earnings Call Presentation
2025-08-19 14:00
Financial Highlights - Adecoagro's gross revenues for Q2 2025 were $392 million, a decrease of 1% compared to the same period last year[17] - Gross revenues for 6M25 reached $716 million, an increase of 10% compared to the same period last year[17] - Adjusted EBITDA for Q2 2025 was $55 million, a decrease of 60% compared to the same period last year[17] - Adjusted EBITDA for 6M25 was $91 million, a decrease of 60% compared to the same period last year[17] Segment Performance - Sugar, Ethanol & Energy - Sugar, Ethanol & Energy accounted for 77% of gross revenues in Q2 2025[17] - Sugar production decreased by 15% from 233,881 tons in Q2 2024 to 199,175 tons in Q2 2025[30] - Ethanol production decreased by 21% from 143,401 m3 in Q2 2024 to 98,756 m3 in Q2 2025[31] - Adjusted EBITDA for Sugar, Ethanol & Energy business decreased by 36% from $68,100 thousand in Q2 2024 to $106,886 thousand in Q2 2025[42] Farming Business - 296,057 hectares of Crops + Rice were harvested[52] - Soybean harvested area is 91,802 ha[52] - Raw milk production reached 93 million liters[52] - Farming segment experienced a significant decrease in financial performance, with profits dropping by 97% from $37,792 thousand in Q2 2024 to $1,081 thousand in Q2 2025[55] Capital Allocation - Net debt stood at $699 million[62] - 75% of debt is long term debt[63] - 70% of debt is in USD and 30% in BRL[65] - $45.2 million has been committed to shareholder distribution[71]
X @The Economist
The Economist· 2025-08-14 02:00
India is a milk superpower. Yet, from the point of view of its trading partners, notably America, the dairy industry seems to sum up all that is wrong with the South Asian country https://t.co/0QjFRHMD44 ...
X @The Economist
The Economist· 2025-08-13 01:00
Donald Trump’s tariffs totalling 50% on many Indian exports are not just about geopolitics. Agriculture and dairy have been among the most contentious issues in trade talks between the two countries https://t.co/uSIM7eZcHjPhoto: Getty Images https://t.co/Ri7dfPl2JZ ...
X @The Economist
The Economist· 2025-08-12 14:01
Donald Trump’s tariffs totalling 50% on many Indian exports are not just about geopolitics. Agriculture and dairy have been among the most contentious issues in trade talks between the two countries https://t.co/YWN4515Ev9 ...
The consolidated sales of VILVI Group July 2025
Globenewswire· 2025-08-11 06:31
Group 1 - VILVI Group reported consolidated sales of EUR 24.57 million for July 2025, representing a 20.6% increase compared to July 2024 [1] - For the period of January to July 2025, the consolidated sales of the Group reached EUR 167.42 million, marking a 21.9% increase compared to the same period last year [1]
Saputo Announces Election of Directors
Globenewswire· 2025-08-08 19:28
Group 1 - Saputo Inc. announced the election of its board of directors at the annual meeting of shareholders held on August 8, 2025 [1] - The nominees received significant support, with voting results showing high percentages of approval, such as Victor L. Crawford receiving 99.94% of votes in favor [2] - The company is recognized as one of the top ten dairy processors globally, producing a wide range of dairy products including cheese, fluid milk, and dairy alternatives [3] Group 2 - Saputo is a leading cheese manufacturer in Canada and ranks among the top three cheese producers in the USA [3] - The company operates in multiple countries, including Australia, Argentina, and the United Kingdom, where it holds leading positions in dairy processing [3] - Saputo's products are marketed under both market-leading brands and private label brands, indicating a strong presence in the dairy market [3]
机构:仅美国乳制品进入印度就可能造成200亿美元损失
Xin Lang Cai Jing· 2025-08-07 14:40
Core Viewpoint - SBI Research, the research arm of India's largest bank, indicates that allowing only U.S. dairy products into India could lead to a loss of ₹1.8 trillion (approximately $200 billion), with over half of this loss directly reflected in a decline in agricultural retail prices [1] Group 1 - SBI Research highlights the significant financial impact of restricting dairy imports to U.S. products, estimating a total loss of ₹1.8 trillion [1] - The report emphasizes that more than 50% of the projected loss will manifest as a decrease in retail prices for agricultural products [1]