Meat substitutes appear to be having trouble in the U.S. but perhaps not in Asia. Recent headlines related to the U.S. market imply a distribution chain that is a mile wide but just an inch deep. Here are some recent headlines:
JBS pulled plug on plant-based meat division Planterra Foods Burnt capital in the hand-wringing phase of alt-meat Plant-based meat and analogue sales going backward Impossible Foods to cut 6 percent of its workforce Beyond Meat’s executive ranks getting thinned
The consumption of animal-based meat has generally followed income – the more disposable income, the more meat consumed. The are exceptions such as Argentina and the U.S. where a long history of being a major meat producer also habituates...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
