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FAIRR’s top news picks

Meat Processors Grilled by the Biden Administration in a Press Briefing from the White House

White House | 08 September

Biden’s incendiary press briefing and accompanying blog this Wednesday has the potential to instil much-needed reform in the US meat sector by directly targeting anti-competitive behaviour and over-consolidation among US meat giants. The statement provoked an indignant response from Tyson, which, along with Perdue Farms, had settled a price-fixing case to the tune of $35 million just last week.

20 Meat and Dairy Firms Emit More Greenhouse Gas than Germany, Britain or France’

The Guardian | 07 September

A new report draws together both the scale of global livestock emissions and the continuing flow of investments and subsidies that enable such unsustainable levels of production. For these reasons, the FAIRR Initiative’s investor statement, Where’s the Beef?, aims to harness the power of capital to put specific emission targets for agriculture on the table for COP26.

Alternative Proteins Could Let Boris Johnson Have His Steak and Eat It

The Telegraph | 06 September

Earlier this year, Boris Johnson rejected calls for an environmentally orientated meat tax while remaining committed to ambitious net-zero goals. This conundrum only has one workable solution, according to a new paper by the Social Market Foundation: applying the same aggressive investment strategy that we have seen in renewable energy to the alternative protein sector.

Graphic of the Week

Four large conglomerates control the majority of the market and are raising prices while generating record profits during the pandemic.

Source: The White House

More Food for Thought

Lawsuits Over ‘Misleading’ Food Labels Surge as Groups Cite Lax U.S. Oversight | Andrew Jacobs | New York Times

COVID Alerts Investors to Farming’s Antibiotics Risk, Group Says | Khadija Kothia | Bloomberg

Next Food Frontier: Fish Made From Plants, or in a Lab | Mike Ives | New York Times

Chinese Firm Serves Up Lab-Grown Pork in World’s Top Meat Market | Emily Chow and Dominique Patton | Reuters

FAIRR’s Protein Pulse is a weekly collection of news articles related to the food sector that may be of interest to our members. FAIRR does not necessarily endorse the views of these news articles and assumes no responsibility for any errors or inaccuracies found in third-party content.