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JBS Sees Bigger Beef Toll on Profit Amid Cattle Shortage

The smallest U.S. cattle herd in decades is taking a big toll on profit at JBS NV, driving deepening losses at its largest operation.

August 14, 2025

Performance Food Sees 鈥楴o Basis鈥 to Engage With US Foods

Last week, US Foods urged Performance Food to accept its invitation to explore a merger.

August 13, 2025

Amazon to Offer Same-Day Grocery Deliveries in 2,300 Cities

Amazon鈥檚 expansion of same-day delivery suggests the company believes it can shift more food spending online.

August 13, 2025

Cargill鈥檚 Revenue Hits 4-Year Low Amid Falling Crop Prices

Cargill revenue declined to its lowest point in four years as the largest private company in the U.S. continues to restructure in the face of declining crop prices and a shrinking cattle herd.

August 12, 2025

US Foods Calls for Talks After Performance Food Snubs Merger

鈥淥ur ask of PFG is to simply work together to further understand the merits and opportunities of a potential combination,鈥 US Foods聽CEO Dave Flitman said.

August 7, 2025

Energy Transfer to Build $5.3 Billion Natural Gas Pipeline

The expansion of the company鈥檚 Transwestern Pipeline networks will provide an outlet for Permian gas producers that have struggled with a dearth of shipping capacity.

August 6, 2025

Tyson to Kick Off Cattle Herd Rebuild in 2026

Tyson Foods Inc.鈥檚 top boss said a long-awaited push to rebuild the US cattle herd will begin 鈥渋n earnest鈥 next year 鈥 though the meat producer doesn鈥檛 expect to benefit before 2028.

August 4, 2025

Amazon Projects Profit That Underwhelms on AI Race Expense

Amazon.com projected operating income in the current quarter that fell short of analysts鈥 estimates, worrying investors that the tech giant is spending too much to keep up in the AI arms race.

July 31, 2025

Mondelez Reiterates Guidance as Earnings Beat Estimates

Mondelez International posted quarterly results that topped estimates but reiterated its annual outlook.

July 29, 2025

Sysco Says Consumer Woes Hamper Long-Term Outlook

Consumers are cutting back on restaurant spending as they cope with economic uncertainties, causing Sysco to forecast annual sales at the lower end of its target range, CEO Kevin Hourican said.

July 29, 2025