Saputo has offered an early guidance range for the 2024/25 season, flagging a weighted average opening farmgate milk price of between $7.80 to $8.00 kgMS.

Saputo expects opening farmgate milk prices will be reduced to factor in ongoing global and domestic market volatility and anticipated market returns. According to Saputo the price guidance reflects SDA’s strong business position, which allows the company to pay a premium above
commodity price returns due to improvements achieved through an ongoing focus on operational
efficiency and domestic business.