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: Iran warned that it will retaliate against the U.S. if American strikes target Iranian infrastructure, as President Trump has threatened to do next week if negotiations between the two nations do not resume. President Trump is scheduled to deliver a primetime addre...
Turkeys for Thanksgiving are typically placed this month. Turkey production has suffered from HPAI and other diseases for the past two years, and placements are still down overall. However, at more than 34 pounds per bird, overall production is being supported by heavier weights and increased p...
Key Takeaways: Continued domestic demand for soyoil in the U.S. will drive prices higher and create a firmer outlook for global soybean values and crush margins. U.S. soyoil prices are set to increase 13-16 percent over the next four months as the domestic demand expansion takes hold. Th...
