Walmart to acquire a minority stake in Sustainable Beef.

Walmart, a retail corporation, agreed to acquire a minority stake in Sustainable Beef, a rancher-owned beef producer. Financial terms were not disclosed. “At Walmart, we are dedicated to providing high-quality, affordable beef to our customers, and an investment in Sustainable Beef will give us even more access to these products. We know Sustainable Beef LLC has a responsible approach to beef processing, one that includes creating long-term growth for cattle ranchers and family farmers. This investment provides greater visibility into the beef supply chain and complements Walmart’s regeneration commitment to improve grazing management," Tyler Lehr, Walmart US senior vice president of merchandising for deli services, meat and seafood.