The Agriculture Department aims to offer up to $500 million in payments as meat processors navigate a livestock shortage.

JBS executives have warned that the U.S. beef industry has more processing capacity than current cattle supplies can support.

Aimed at stabilizing regional markets amid 75-year herd lows, the new program offers a financial lifeline to non-dominant, U.S.-owned packers.

Concrete barricades blocked the entrance to the Cargill beef plant in Ft. Morgan, Colo., on May 20. About 1,700 workers had been locked out by the company after months of contract negotiations ended ...

CHICAGO (Reuters) -Cargill Inc has no immediate plans to close its U.S. beef processing plants, the company said on Wednesday, days after meatpacker Tyson Foods announced it would shutter a major ...

Darwin Nissley and other Eastern producers are bracing for higher trucking costs and tighter margins as JBS exits ...