Patrick Thomas

Patrick Thomas About 30 miles from Clint McRae's southeastern Montana ranch, a local utility company bought roughly 6,000 acres of cattle grazing land.

Supermarket giant Albertsons is reeling from rising costs and cash-strapped shoppers flocking to rival discount stores. Shares in Albertsons tanked more than 20% Thursday after the company lowered its financial outlook for the year and reported earnings below Wall Street expectations. The company’s

America’s largest agriculture companies are warning that spiking fuel and fertilizer costs due to the war in Iran are hampering South American farmers' crop-planting plans. Executives at grain giant Bunge and seed-and-pesticide seller Corteva this week said rising costs and limited access to credit

Inflation, health emergencies and higher prices mean some people may not be able to afford the essential things, like food and shelter. A living wage calcu

A shortage of cattle in the U.S. has been driving up costs for meatpackers like Tyson and JBS in recent years, leading to steep financial losses.

Tyson Foods lowered its profit outlook for the year as soaring cattle prices continue to weigh on the meatpacking giant's bottom line.

A rise in flock sizes, larger breeds and steady beef demand have contributed to a poultry surplus.

Poultry companies are producing more chicken than consumers can buy, depressing wholesale prices and squeezing their profits.

JBS shares ticked lower after the world’s largest meatpacker announced Wesley Batista Filho, the grandson of the company’s founder, would become CEO next year. Batista Filho, 34 years old, has been overseeing the company’s U.S. business since 2023, a unit that generates more than half of its roughl

JBS, the world's largest meatpacker, named Wesley Batista Filho, the grandson of the company's founder, as its next chief executive.