A report from Bloomberg says that Beyond Meat is in talks with private investors to borrow as much as $250 million.
It is assumed that the money will go towards paying down the company’s billion-dollar debt.
Beyond Meat made similar pleas back in 2024 with Goldman Sachs, but a deal was never finalized.
Related Stories
Year-round sales of E-15 are another major topic on Capitol Hill, which, according to Rep. Adrian Smith (R-NE), is one issue up for debate this session with significant bipartisan support.
Lawmakers have until September 30 to shore up federal spending for next year, or risk a government shutdown. The Farm Bill is also set to expire the same day.
American Soybean Association President Caleb Ragland joins us to share his reaction to September’s WASDE and discuss the trade uncertainty between China and his industry.
Harvested acres are estimated at 90.0 million, making this year’s corn crop one of the largest since the 1930s.
