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World's Second Largest Meat Processor Invests In Lab-Grown Meat Startup (foxbusiness.com)

Tyson Foods, the world's second largest processor and marketer of chicken, beef, and pork, announced it has invested in Silicon Valley startup Memphis Meats, a company that makes lab-grown meat using animal cells. The investment amount was not disclosed, but it follows a slew of other high-profile backers including Cargill Inc., Bill Gates and Richard Branson. Fox Business reports: Last December, Tyson made a similar investment in another meatless startup called Beyond Meat, investing a roughly 5% stake in the company that produces plant-based meat alternatives. Tyson CEO Tom Hayes told FOX Business in March of last year that he sees plant-based protein as a big part of the company's future. "If you take a look at the FAO (Food and Agriculture Organization) stats, protein consumption is growing around the world -- and it continues to grow. It's not just hot in the U.S.; it's hot everywhere, people want protein, so whether it's animal-based protein or plant-based protein, they have an appetite for it. Plant-based protein is growing almost, at this point, a little faster than animal-based, so I think the migration may continue in that direction," Hayes told FOX Business. Memphis Meats, which debuted its first animal-free meatball in 2016, followed by the world's first chicken strip in 2017, said customers should expect to see these products on store shelves by 2021 or 2022.

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  1. Re:Have we seen Peak Meat? by SlaveToTheGrind · · Score: 4, Informative

    Moving water around takes energy, which mostly comes from fossil fuels. . . . Purifying water and disposing of waste water also takes a lot of energy.

    The shock-and-awe water consumption numbers like the ones OP threw out are mostly water to grow the grass/grain the animals eat. Nearly all of that comes straight from the sky or from local wells, with no purification or disposal required.

  2. Re:Have we seen Peak Meat? by SlaveToTheGrind · · Score: 3, Informative

    From your own link, the average farm in America spends $17,000 annually on energy for pumping water.

    Actually, my link says the average farm in America that irrigates spent $17,238 in 2012 (though if you divide the $2.7 billion total pumping costs against the 229,237 farms that irrigate, that comes out to $11,778 by my calculator -- close enough for government work, I suppose).

    There are just over 900 million acres of farmland in the U.S. That means the ~55 million acres that irrigate are ~6% of total farmland . The other 94% use only water from the sky.

    Another way to look at it is that $2.7 billion total irrigation costs across 900 million total acres comes out to $3 per acre . Taking corn as an example, the national average yield of 175 bushels per acre at an exceptionally conservative spot price of $3/bushel (it was about twice that in the same time frame as the above irrigation numbers, and is still higher today) means your $3/acre irrigation expenses are just over one half of one percent of your $525/acre revenue.

    Irrigation in the U.S. is minuscule any way you slice it. The only way to make it look even remotely scary is to throw out misleading numbers in a vacuum.