A major player in the cultivated meat space is closing up shop.
Dutch-based Meatable is winding down operations. According to reports, the company was unable to raise the necessary funding to continue operations.
Meatable was founded in 2018 and produced fake meat through stem cells, creating products that imitate pork sausage and dumplings.
Earlier this year, Florida Governor Ron DeSantis took a swing at fake meat. He signed a bill tasking the state’s ag department to prevent plant-based products from being labeled as meat. Florida was the first state to ban cultivated products.
Related Stories
National Farmers Union (NFU) President Rob Larew discusses the urgent need for aid as farm families face mounting input costs and long-term market uncertainty.
The new antitrust agreement between the Department of Justice (DOJ) and the U.S. Department of Agriculture (USDA) aims to enforce antitrust laws and monitor market activity across the ag sector.
Large carryover stocks continue to put pressure on commodity prices, creating uncertainty for growers looking to market their grain.
Peel says Mexico has a much greater capability to expand its beef industry than it did 20 or 30 years ago in terms of its feeding and packing infrastructure.
Record crops are increasing grain storage needs, prompting safety experts to remind producers of the risk of grain bin entrapment during harvest.
The impacts of the government shutdown have reached commodity growers with crops to move, ag economists monitoring the harvest without key data reporting, and meat producers in need of new export markets.