Money for cultivated meat is down significantly over the past three years.
In 2020, funding for cultivated meat start-ups peaked at $989 million, dipped slightly in 2022 to $807 million, and then took a sharp decline last year to just $177 million.
This comes as Finless Foods make big cutbacks to conserve cash, New Age Eats shuts up shop due to lack of funds, and Good Meat is being sued.
Investors are blaming general risk aversion for the fall.
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Total red meat supplies were up 4 percent from March but down 4 percent from April 2025.
The risk is prolonged crop weakness. Stable farmland values remain critical if losses continue.
Year-to-date red meat production is down 2 percent, with beef lower and pork higher.
For producers, demand is strong, but drought, disease, and costs still shape supply.
Butter has softened as milkfat supplies remain ample.
Drought and Planting Shape Weekly Crop Condition Recap