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RIBT stock needs news to do anything. With a CC coming within the next 2+ weeks, we should get something. AIDP was PR'd the same day as the last CC. And that was the last product PR. And that is so sad, a great product and management gives nothing to their PR firm to PR. If I was CEO, I'd be honking my horn eery day. The more people know about the great product of stabilized rice bran, the more it would get used.
Gary Brooker and band did one of the most memorable songs of my entire life>>>>>
https://www.youtube.com/watch?v=St6jyEFe5WM&ab_channel=Widespreadpanic41
Sing into Spring, February 20, 2022: Children's Chorus of Greater Dallas
Out today>>>
https://www.youtube.com/watch?v=vx9uWsv9eFA&ab_channel=Children%27sChorusofGreaterDallas
EV batteries could complicate recovery of burning cargo ship with thousands of cars - The Verge
https://www.youtube.com/watch?v=HEp5a3GwCd8&ab_channel=TechnologyNewsLive
jbog we were taught 2 kinds of inflation, 1. Demand pull, and 2. Cost push. I feel we sort of have a new on, 3. Make up for lost COVID profits by raising prices when everone else is.
This is all a perfect storm for home prices to go up, and everthing else, IMO. This is also a perfect storm for a top as well? I have only seen one company saying "wait a minuite">>>>>>
Walmart: ‘We’re out there asking suppliers even now, do any of you want to take prices down while prices are going up to gain market share.
Snippet:
Walmart is gaining market share in grocery in the US by not only holding prices steady as many competitors raise them in the face of increasing inflation, but also by continuing to look for rollbacks – a counterintuitive strategy it says will benefit both brands and consumers.
https://www.foodnavigator-usa.com/Article/2021/11/17/Walmart-We-re-out-there-asking-suppliers-even-now-do-any-of-you-want-to-take-prices-down-while-prices-are-going-up-to-gain-market-share
A shockingly large price bubble appears to have formed in the real estate market.
https://thefederalist.com/2022/02/16/key-indicator-hints-america-is-headed-for-its-worst-real-estate-crash-in-history/
wows thought, as many farms have been bought through the years by big corporations, a lot housing will be gobbled up as well by big corporations.
Story>>>>
A though it’s impossible to predict economic crashes with certainty, a key economic indicator suggests the U.S. housing market is on the verge of an unprecedented crash, one that could end up being the biggest in America’s history.
Following the 2008 stock and real estate market crashes, the Federal Reserve, Democratic-led Congress, and the presidential administrations of George W. Bush and Barack Obama began an unprecedented effort to pump new dollars into the financial system — and, to a lesser extent, the economy at large.
The strategy behind the flood of quantitative easing, government takeovers, stimulus checks, and government welfare programs that followed was that the Fed, working in conjunction with Congress and the White House, needed to prop up the economy to keep it from sliding completely off the cliff.
One of the primary tools the Fed used to accomplish its goals was to keep interest rates at near-zero for years on end. From 1980 to 2000, the Fed’s federal funds rate — the primary driver of interest rates economywide — rarely dropped below 4 percent, and it was common for interest rates to be 5 percent or higher.
However, from 2009 through 2016, interest rates were consistently much lower than 1 percent. Beginning in 2017, the first year of the Donald Trump presidency, the Fed began to more aggressively raise rates, but it only briefly topped 2 percent in 2018 and 2019 before the Fed once again slashed rates to near-zero as part of its plan to address the effects of the Covid-19 lockdowns.
When interest rates are kept low, it’s easier for governments to spend more money than they take in, because debt is cheap. Additionally, banks and other financial institutions are more likely to lend out money for high-priced items.
The real estate market is especially sensitive to rate changes, because a home is usually the biggest purchase a person will make in his or her lifetime, and the vast majority of purchasers rely on large mortgages to complete the purchase.
When interest rates are kept extremely low, people can afford to take on more debt, because the monthly payments cost less. As a result, sellers increase their prices.
This is one of the reasons the real estate market crashed so hard in 2008. Following the September 11, 2001, terrorist attacks, the Fed kept interest rates low, encouraging people to take on higher-than-usual levels of debt, especially in the real estate market.
Rather than learn its lesson from the 2008 crash, the Fed doubled down on this failed strategy, and then tripled down during the Covid-19 response. Congress and the White House were all too willing to cheer the Fed on, since lower interest rates have helped them expand government programs without begging foreign governments to finance U.S. debt.
As a result of these policies, a shockingly large price bubble appears to have formed in the real estate market. The average sales price of a home in the fourth quarter of 2021 was $477,900, compared to $403,900 in the fourth quarter of 2020 and $384,600 in the fourth quarter of 2019. That’s a $93,300 increase in just two years, by far the biggest increase ever recorded in just 24 months.
Further, the 12-month home sales price increases for the second, third, and fourth quarters of 2021 were all above 17 percent, the highest hike recorded over a three-quarter period since at least 1963, the earliest date in the Fed’s data made available online.
Put simply, Americans have literally never seen housing prices skyrocket like they are now for this long of a period. And every time they have approached the numbers we are seeing today in the past — in the 1970s, late-1980s, and early to mid-2000s — there was a massive real estate or stock market crash that soon followed (or both). There appear to be no exceptions, other than a few rare cases where housing prices increased quickly immediately after a crash had occurred.
Determining the size of a market correction is extremely difficult, but if the 2008 crash is an indicator of what’s in store for us today, then if the current real estate bubble pops soon, as all bubbles inevitably do, it could end up being the largest real estate crash in history.
The bubble that developed from 2002 to 2007 peaked at around a 47 percent price increase, before plummeting by 20 percent from 2007 to the first quarter of 2009. If we see a similar pattern emerge for the bubble that has been developing since roughly 2012, then we could see housing prices drop by 30 to 40 percent over a two-year period.
Whatever the final numbers end up being, the evidence is clear: based on data reported over the past six decades, America appears to be on the verge of an epic real estate crash.
As painful as such a correction would be, it is likely necessary. The price increases we’ve been seeing in recent years are primarily the result of inflation and reckless monetary policy, not real economic growth.
However, there is a chance that housing prices will not drop, or only drop minimally. If the Fed decides to continue to keep interest rates low, despite the ongoing inflation crisis, it might prevent a real estate crash the size and scale of the one discussed above. It will come at a cost, though — more inflation, even bigger market distortions, and perhaps the collapse of the dollar.
Regardless of what the Fed does in the short term, it’s clear that America’s disastrous monetary-policy chickens are coming home to roost. Prepare accordingly.
Even before I read the translation, it is a fun tune.
nowwhat, I am kind of an easy listening guy. I got a lot of mileage out of Carol King.
https://www.youtube.com/watch?v=OuNSrgLV648&ab_channel=ElectronicCinema
Kashmir - Led Zeppelin
https://www.youtube.com/watch?v=sfR_HWMzgyc&ab_channel=OzWho
That was from a Pink Floyd album after their peak. "Learning To Fly" was a top song from the album
https://www.google.com/search?rlz=1C1CHBF_enUS778US778&sxsrf=APq-WBvpwNLLlV9hDaXWW1IgkWYn5A4cJQ:1645219892052&q=Pink+Floyd+A+Momentary+Lapse+of+Reason&stick=H4sIAAAAAAAAAONgVuLUz9U3MCxPMq98xGjCLfDyxz1hKe1Ja05eY1Tl4grOyC93zSvJLKkUEudig7J4pbi5ELp4FrGqBWTmZSu45eRXpig4Kvjm56bmlSQWVSr4JBYUpyrkpykEpSYW5-cBAHTgbRJtAAAA&sa=X&ved=2ahUKEwjJzfjZmYr2AhVMIDQIHTIMBkIQzIcDKAB6BAgXEAE&biw=1920&bih=937&dpr=1
Kashmir - Led Zeppelin
https://www.youtube.com/watch?v=sfR_HWMzgyc&ab_channel=OzWho
Pink Floyd - On the Turning Away
https://www.youtube.com/watch?v=xEMy34qhQe4&ab_channel=HDPinkFloyd
Chicago - Beginnings - 7/21/1970 - Tanglewood
https://www.youtube.com/watch?v=pizRRft3_8Y&ab_channel=ChicagoonMV
Chicago - Beginnings - 7/21/1970 - Tanglewood
https://www.youtube.com/watch?v=pizRRft3_8Y&ab_channel=ChicagoonMV
Tracking the cell-based meat space
https://www.fooddive.com/news/cell-based-cultivated-meat-tracker/609104/?utm_source=Sailthru&utm_medium=email&utm_campaign=Issue:%202022-02-18%20Food%20Dive%20Newsletter%20%5Bissue:39895%5D&utm_term=Food%20Dive
Cell-based meat once sounded like an idea out of science fiction. Now, it’s a reality.
At the end of 2020, there were more than 70 startups across the globe working on making meat, seafood, and animal fat and organs from cells, according to the Good Food Institute. As of the end of last year, these companies, which all aim to serve meat without slaughtering animals, received more than $350 million from investors to work on R&D, build facilities, hire employees and expand their reach.
Consumers in Singapore can even eat cell-based chicken. Eat Just received the world’s first regulatory approval for a cultivated meat product from the government of the Asian island nation in November 2020.
Meanwhile, governments across the globe are working to develop their own rules and regulations for this new segment, determining how products can be safely made and distributed, as well as figuring out how they should be labeled. Companies are working with regulators to ensure they are ready to apply for approval as soon as possible.
These companies are also making prototypes, working to improve technology and decrease costs and scale up. They’re partnering with food companies around the world so that once they receive regulatory approval, they have a pathway to market — and to making a difference in the industry.
Click on company names, categories of actions or products to see what’s happened in this space so far. This tracker will be continually updated.
Use the filters below to customize the timeline:
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February 2022
Aleph Farms moves into new headquarters
The Israel-based company's new 65,000-square-foot facility increases its actions sixfold. The company now has a pilot production facility, an R&D center, and a community center. The facility should be fully operational by summer 2022.
February 2022
CellulaREvolution raises 1.75M pounds
The approximately $2.4 million round was led by Happiness Capital and helps the British company accelerate R&D as it prepares to take its scalable bioreactor technologies to market.
February 2022
MeaTech 3D showcases improved stem cell differentiation
The company released photos of its matured muscle cells with enhanced fiber density, thickness and length. The company has filed a provisional patent application for these improvements.
January 2022
BlueNalu enters partnership with Food & Life Companies Ltd.
Japan-based Food & Life is a leading multinantional sushi restaurant operator in Asia, with more than 1,000 restaurants in Japan, Korea, Hong Kong, Taiwan, Singapore, Thailand and China. The partnership focuses on creating and producing sushi-grade cell-based seafood, starting with the belly portion of bluefin tuna.
January 2022
Upside Foods acquires Cultured Decadence
The Wisconsin-based company focused on cultured Maine lobster meat is now a part of the California company, bringing its scientists, expertise in crustaceans, and another meat platform for Upside Foods to develop into a product. Read more ?
January 2022
IntegriCulture raises $7M
The Japan-based company will use the funds to help develop its CulNet System, which is a general system to develop cost-effective ways to culture cells of any species.
January 2022
Pearlita Foods founded to create cell-based oyster
The North Carolina startup received funding from Big Idea Ventures and Sustainable Food Ventures and is close to ecosystems where oysters thrive.
January 2022
Mosa Meat publishes a paper on its process
The peer-reviewed article in Nature Food reveals how it achieves muscle differentiation without fetal bovine serum or genetic modification. While this is competitively sensitive material, the company says in a blog post that it helps contribute to openness and transparency in the field.
January 2022
Pluristem announces partnership with Tnuva to develop, manufacture and sell cell-based meat
The Israeli biotech firm and the country's largest food producer have incorporated a new company that will use Pluristem's technology for cultured meat. Tnuva Group is investing at least $7.5 million in the venture. The new company plans to have prototypes in 2022 and has the goal of launching product in 2023.
December 2021
Future Meat Technologies raises $347M and makes a $1.70 cell-based chicken breast
Some of the funds will go toward the construction of a pilot facility in the United States. This funding round is the largest single one to date for any cell-based meat company. Read more ?
December 2021
DaNAgreen receives 8 billion won investment in Series A
The approximately $6.7 million investment in the South Korean cultured meat company will help them build an automated production system,
December 2021
CellMEAT debuts cultivated Dokdo shrimp
The Korea-based company created prototypes of the popular shrimp in many shapes and sizes. They were all created with the company's fetal bovine serum-free growth medium.
December 2021
José Andrés joins board for Eat Just's Good Meat
The celebrity chef and humanitarian will serve cultivated chicken at one of his restaurants and will also be a culinary advisor to the company. Read more ?
December 2021
Wildtype agreement will bring cell-based sushi to grocery stores and restaurants
The company's salmon will be eventually at grocery store sushi bars operated by Snowfox, and at Pokéworks locations nationwide. Read more ?
December 2021
Upside Foods develops animal-free growth medium
The California-based company has been working on removing animal components from their cell growth feed for years, and it will eventually be used throughout their portfolio. Read more ?
December 2021
Aleph Farms partners with Wacker to create open-source growth medium proteins
The partnership will make non-animal-sourced proteins used for growth medium readily available to any company. Growth medium is one of the most expensive components for cultivated meat, and Aleph Farms says the agreement will help bring the cost to parity with animal meat.
December 2021
MeaTech 3D creates 3.67 ounce cultivated steak
The steak, the largest cell-based one produced to date, was made through 3D printing of stem-cell-infused bioinks, which differentiated into muscle and fat components.
November 2021
JBS to acquire BioTech Foods, invest $100M in plant construction
This is the first Big Food acquisition in the space. The global meat leader plans to build a new plant for Spain-based BioTech Foods, as well as construct a R&D center for cultivated meat in its home country of Brazil. Read more ?
I was big on gold and silver stocks in the late 90's until 2008. Now if I gort back in it woyld be all silver, more uses and many former gold bugs are in the crypto bug.
https://finviz.com/futures_charts.ashx?t=SI&p=m1
Kerry buys 2 biotech companies for more than $226M
WOW's thought - combining food and biotech in a different way? And some thought GMO's were bad?
https://www.fooddive.com/news/kerry-buys-2-biotech-companies-for-more-than-226m/618995/?utm_source=Sailthru&utm_medium=email&utm_campaign=Issue:%202022-02-17%20Food%20Dive:%20Ingredients%20%5Bissue:39878%5D&utm_term=Food%20Dive:%20Ingredients
Dive Brief:
Kerry Group acquired two companies to increase its biotechnology capabilities at a total cost of 199 million euros (approximately $226.2 million). The Irish ingredients firm purchased German precision fermentation innovator C-LEcta at a cost of 137 million euros and Mexican enzyme manufacturer Enmex, costing 62 million euros.
C-LEcta is known as an innovator in enzyme engineering and bioprocess development. With the acquisition, Kerry adds capabilities to create and develop technologies to produce next-generation ingredients through sustainable fermentation, the company said in a release. Enmex has its own portfolio of enzymes and a strong manufacturing infrastructure, and the acquisition will help increase its enzyme manufacturing footprint in Latin America.
Kerry has set out to be one of the world's largest ingredients company with a goal of reaching more than 2 billion people worldwide every day by 2030. Acquisitions of smaller companies that build on its capabilities — especially creating more sustainable and functional ingredients — are key to that strategy, CEO Edmond Scanlon said in a 2020 announcement.
Dive Insight:
If Kerry wants to become a global ingredients superpower, technology to quickly and sustainably create food components that are functional, efficient and nutritious is vital. These acquisitions will help Kerry on its way.
C-LEcta has been a global player in biotech enzymes for more than a decade, creating solutions for both the food and pharmaceutical markets. One of its more recent successes in the food space was an enzymatic process to create natural sugar, but the company has also developed enzymes to reduce acrylamide and remove unwanted DNA residue. Since 2006, c-LEcta has raised $1.3 million, according to Crunchbase.
The acquisition of c-LEcta furthers both the goals of the Irish ingredients company and its new German biotech enzymes arm. In Kerry's statement about the acquisition, the company said it is investing in developing sustainable technologies — since enzymatic and precision fermentation solutions often require less physical space and generate fewer emissions than traditional ingredient production methods. These technologies, Kerry said, will be at the heart of future sustainable food systems.
C-LEcta has had its eyes on growth and development, and has exceeded its recent goals for revenue and product growth. In a statement about the acquisition, C-LEcta Founder and CEO Marc Struhalla said that Kerry can significantly improve the company's international reach, and its expertise in ingredients technologies and applications is a "perfect fit" to help drive C-LEcta's growth potential.
Enmex was founded in 1972 as a manufacturer of food- and industrial-grade enzymes. The company's portfolio includes enzymes to aid in beer brewing, dairy processing, protein hydrolysis, meat, sugar and baking. Its location in Mexico puts it in a prime position to extend Kerry's enzyme and fermentation business throughout Latin America.
These acquisitions are the latest Kerry has made to bolster its capabilities. Last year, the company bought clean-label preservatives specialist Niacet for roughly $1 billion. At the end of 2019, it acquired Georgia-based IsoAge Technologies, a supplier of healthy, clean-label, multifunctional ingredients, and Quebec-based Biosecur Lab, which provides natural antimicrobials made from citrus extracts. In 2018, it purchased Ariake USA, a manufacturer of clean-label taste solutions for poultry, pork and vegetables, and Southeastern Mills' North American coating and seasonings business. It also partnered with Renaissance BioScience to make, sell and distribute the clean-label Acryleast, a non-GMO, acrylamide-reducing yeast enzyme.
Not only has Kerry set big goals for itself, but it's done extensive research into what consumers want. A survey of more than 14,000 consumers last year found that almost half consider sustainability — both from environmental and nutritional perspectives — when buying food and beverage. This research underscores the reasoning behind these more recent acquisitions: Kerry wants to create the kinds of sustainable and nutritional products that consumers are increasingly seeking.
I was pulling for the new guy Theegala. I loved his youthfullness energy and excitment. He side tracked me from Scottie who played a good back nine. I am glad he won his first. In 9 starts this season, top 25 six times, top 4 four times. His being picked by Stricker for the Ryder Cup and good playing in it might have helped him today?
https://www.pgatour.com/players/player.46046.scottie-scheffler.html
Bunge sees benefits of transformation
https://www.world-grain.com/articles/16477-bunge-sees-benefits-of-transformation
— The transformation that began three years ago at Bunge Ltd. is creating the collaborative global culture that company executives believed would maximize the value of the company. It is this transformation that also helped guide the St. Louis-based company to strong fiscal 2021 results.
Bunge net income in the year ended Dec. 31, 2021, was $2.08 billion, equal to $13.64 per share on the common stock, up 80% from $1.16 billion, or $7.71 per share, in fiscal 2020. Sales in 2021 were $59.15 billion, up 43% from $41.4 billion. On an adjusted basis, earnings per share were $12.93 in 2021, up from $8.30 in 2020.
Shares of Bunge climbed to a 52-week high of $103.53 in mid-day trading on the New York Stock Exchange on Feb. 9, the day results were announced, before falling back to close at $99.60, down from the previous day’s close of $100.96.
In a Feb. 9 conference call with securities analysts, Gregory A. Heckman, chief executive officer of Bunge, said the company has begun to reap the rewards of a strategy that now has all areas of the company pulling in the same direction.
“Bunge had an industry-leading portfolio with assets in some of the best locations around the globe, but we also had individual assets and businesses that did not fit the company’s goal of growing our relevance with customers at both ends of the supply chain,” Heckman said. “And after a number of divestitures, we now have a footprint that’s stronger than ever and a solid base on which to grow.”
As an example of its solid base, Heckman pointed to the plant-based lipids platform that Bunge is building through the combination of Loders Croklaan and the legacy Bunge Oils business.
“The Loders tropical oils portfolio and innovation capabilities, supported by Bunge’s strength in supply chains and seed oils is a proposition that resonates with customers,” he said. “While the entire oils segment delivered a record year, 2021 was also the best year for the former Loders business.”
Heckman said Bunge has taken a similar methodical approach in evaluating how it can improve financial discipline within the organization.
“We’ve rewired our systems so we have better visibility to our data, and we used that information in a structured way to make better commercial, risk management and capital decisions,” he said.
Another area of success for Bunge has been the company’s leadership’s willingness to embrace the spirit of continuous improvement. Heckman said that during 2021 Bunge achieved records in total crush volume, refining performance and port volumes. The company also had more than 100 capital expenditure projects each exceeding $1 million.
Adjusted segment EBIT within the Agribusiness unit totaled $2.13 billion in 2021, up 22% from $1.74 billion in fiscal 2020. Fiscal 2021 results included a $35 million fixed asset impairment charge related to an oils facility in China. Net sales in the division increased 45% to $46.64 billion from $30.05 billion, while volumes were narrowly lower, easing to 142.013 million tonnes from 143.054 million tonnes.
In the Refined and Specialty Oils unit, adjusted segment EBIT totaled $534 million, up 82% from $294 million in fiscal 2020. Net sales in the division increased 39% to $13.33 billion from $9.6 billion. Volumes, meanwhile, were lower, falling to 9.202 million tonnes from 9.529 million tonnes.
Adjusted segment EBIT within the Milling unit was $86 million, down 12% from $98 million in fiscal 2020. Fiscal 2021 results included $170 million of impairment charges on the classification of the company’s Mexican wheat milling business as held-for-sale. Net sales in the division increased 18%, climbing to $1.91 billion from $1.62 billion. Volumes improved to 7.189 million tonnes from 6.091 million tonnes.
In the fourth quarter of 2021, Bunge net income was $231 million, or $1.52 per share, down 59% from $559 million, or $3.74 per share, the year before. Sales were $16.68 billion, up 32% from $12.61 billion in the final quarter of 2020. Adjusted earnings per share were $3.49, up from $3.05.
WOW's opinion, it seems after Continental Grain saved BG from a takeover by ADM and Fribourg, the CEO of CG getting on BG's BOD has made a big difference.
I don't expect positive earnings for Q 4 based on what they said at the 2 previous CC's.
What they have to say is more important to me such as.....
1. Real earnings in Q1. They should know that now with the Q1 half over. And give guindance for the year for the first time in years.
2. New products.
a. In August Bradley mentioned a new horse feed with a combination of oats and rice bran that was said to be ready in Q1, Ready? How much revenue per year?
b. Fatto, you mentioned something about "the goals working towards the health industry having been progressing nicely." What's up with that area?
c. In a CC in 2020, we were told that an "All human food" attatchment to Golden Ridege was being built, less than $1m in cost. Rice bran is human food,already it's been sold for years. So what's up with that secret building?
3. Why did Mitchel do to get 1,000,000 warrants priced at "0" when the stock was .35, at a value of $350,000 the day he got them, 200,000 vested for each of the next 5 years. I don't think a bonus like that, in the history of the company, has been given in the middle of a contract year. He must have done somwthing that will greatly help shareholders and inquiring minds want to know.
4.The last 18 months RIBT has NOT had a CEO, Bradley is called , "Exec. Chairman & Acting Principal Exec. Officer". What is with that. It RIBT going to have a merger or such with a bigger company? What's up Doc?
Fatto, I do hope they have already hedged their rice, the part of California where they gro the rice had a bit above average rainfall, but January and February, basicaly none. Scary stuff and a small wildfire eported yesertday. They got burned 2 years ago on rice for not being hedged.
https://www.wunderground.com/calendar/us/ca/sacramento/KSMF/date/2022-1
https://www.wunderground.com/calendar/us/ca/sacramento/KSMF
https://www.wunderground.com/calendar/us/ca/redding/KRDD/date/2022-1
https://www.wunderground.com/calendar/us/ca/redding/KRDD/date/2022-2
The nothern part of the state where copytele lives>>>>
https://www.wunderground.com/calendar/us/ak/utqia%C4%A1vik/PABR
Yep, a lot of small caps have been crushed the last 3 months +. BABYF held the 50 day MA, hope it holds tomorrow.RIBT had relative strength for a change, but..............
I like the low volume. They have brainwashed all the short term traders.Normally a 50 day MA break would make a lot of scans. I checked many boards here and another site an NOBODY is recommending it except RIBT holders. RIBT has had so many fakeout breakouts and after hours spikes etc. All the traders say "F" that stock. Look at all the failed spikes of NTZ and what happened after. The good news for you is BABYF has been set up to keep the short term traders out of it, for now, pissed traders off several times. The manipulators want to get in at a bottom and keep the traders out until higher prices?
RIBT broke through the 50 day moving average, .34. It still needs to close above the 50 and have more up tomorrow to confirm it?
Tyson Foods Uses Land Twice the Size of New Jersey to Feed Its Factory Farmed Animals
https://www.ecowatch.com/tyson-foods-land-use-factory-farming.html
Tyson Foods is one of the largest food companies in the world and produces 20 percent of all of the chicken, beef and pork in the U.S. All of that meat needs to eat, and growing the food to feed it takes a lot of land.
Now, a new report from the Union of Concerned Scientists (UCS) calculated that Tyson needs between nine and 10 million acres of farmland to feed all the animals it processes, an area almost twice the size of New Jersey.
“When a single company has leverage over so much farmland, its actions have substantial consequences,” report author and UCS Food and Environment Program senior scientist Dr. Marcia DeLonge said in a press release. “Tyson could use its power for good by supporting farmers to build healthy soil, but it has a long way to go.”
The amount of land required to grow food for animals to eat is one of the major environmental problems with factory farming. The main crops grown to feed animals are corn and soybeans, and these crops consumed 56 percent of U.S. cropland in 2020, according to UCS. All told, the crops took up an area larger than Texas. While some of that was harvested for biofuels or processed foods, a large amount went to feed farm animals. This takes up land that could otherwise be used to grow food for people.
“If you produce 100 lbs of corn and feed it to beef, you get 3 lbs of edible beef. Because of this, using land to grow feed crops instead of food [for humans] is incredibly questionable – it’s wasteful,” Gidon Eshel, a research professor of Environmental Physics at Bard College who was not involved with the report, told The Guardian.
To calculate how Tyson specifically contributes to this land waste, UCS first estimated the amount of animals it processed in 2020: approximately six million cattle, 22 million hogs and almost 2 billion chickens. The report authors then estimated the amount of corn and soybeans it would take to feed these animals and the acres of land that would be required to grow them.
The way that corn and soybeans are currently grown in the U.S. contributes to several environmental problems by encouraging soil erosion, making farmland more vulnerable to climate impacts, polluting drinking water with manure and fertilizer and contributing to toxic algal blooms through nutrient pollution.
There are other ways to use land, however, and UCS encouraged Tyson to use its influence for good. In 2018, Tyson said it would engage in more sustainable practices on two million acres of feed-crop land by 2020, but it only began the process on 408,000 acres by 2021, UCS said in a press release. Tyson has also pushed back its deadline to 2025. The figures from the UCS report reveal that the company has only made headway on less than five percent of its total “feed footprint.”
“Two million acres is an important step, but not only did they delay that goal, they’ve also only come through on 408,000 acres,” DeLonge told The Guardian.
UCS recommended that Tyson do more to encourage sustainable farming practices in its supply chains. At the same time, it argued that policy makers should ensure that no single company has such a large influence.
“Toward this end, Congress and the USDA should expand programs that encourage farmers to adopt improved farming practices, and advance policies to limit consolidation and increase competition in agriculture,” the report authors wrote.
I am in the anti GMO group, sometimes. But how about plant protein? Granted in th chart below it does not show how many acres of land would be needed for plant protein if all animal protein was replaced by plant protein crops. But, animals waste a lot of energy from growing up. There has got to be a lot of land saved?
https://www.onegreenplanet.org/news/chart-shows-worlds-land-used/
santefe2, I like to hear both sides of any issue then decide. The video is in line with Toyoto's thoughts. Nothing works if population keeps growing. If the population is reduced though coming pandemics and global warming problems and such, then electric could work quite well.
My dad's 1956 Buick Special got 6 to 8 miles per gallon and at.19 per gallon. We have come a long way since then. New technology in either electric or gas could get us who knows by 2050? More light rail and shared Uber's and the big event now, computers and working from home means less travel to work, thanks to the pandemic showing us the way there.
I am a believer in massive market manipulation at many levels. BABYF, the manipulartors did not want little guy traders in it YET, so it quickly fell scaring some away?. I like the lower volume the last two days, makes me more bullish on BABYF. RIBT, no volume on it's little climb. If good news comes up, it sure could explode now.
gfb, I saca many charts for the fun of it and many look like RIBT, like a band is playing. BABYF has a couple too, GRPN compares to BABYF, look at it on stockscharts, We all might be treading water for a while?
What's Wrong with Wind and Solar?
Even if some of the points are exaggerated, their might be some good points in this?
https://www.youtube.com/watch?v=RqppRC37OgI&ab_channel=PragerU
NOL's are beyond my pay scale, but it looks like some can be usd by the buyer>>>
https://www.mondaq.com/unitedstates/corporate-tax/191896/tip-on-tax-effective-use-of-nols-from-acquisitions
I have never been through a reverse merger. Buy outs are simple. I saw Trillium Theraputice have a huge rally, then lost 50% of the gain then the buyout was at the old high. It was like a 30 Percent premium. I saw another pharma buyout, Serena Therputics, going at about $3 get bought out by management for $12.That was the biggest percent buyout I have seen, but sure there have been bigger ones. The problem of a plain old buyout for RIBT is that percent growth would be stunted since probably being bought out by a larger company. The big sales/revenue would be averaged in with the rest of th big company, so to speak.
A more interesting recent one was Starbucks buying Teavana. Teavan was trading at like $2 and went up to about $8 in short order. Then a buyout bid for like $12 and Starbucks moved in and got it for $15.5.
https://stories.starbucks.com/stories/2012/starbucks-announces-agreement-to-acquire-teavana-to-globally-transform-tea/
Myself being involved in retail a while back and seeing at regional malls the Teavana stores were emply. I thought Statbucks got screwed because they later filed Chapter 11 for it to get it out of the mall leases. They still sell the tea and it is good tea, a bit oily. So, they might be getting some good revenue out of that, but, they could have ust made their own tea? Well, they did add a ton of new items and used the Tevana name on some of them and their own TAZO on th rest.
https://www.amazon.com/Starbucks-Teas/s?k=Starbucks+Teas
tai, I got to correct one post of mine, The form shows Mitchel getting 1,000,000 warrants priced at "0" on SecForm4.com. But the transaction date and his grand total are the same. So, only 1,000,000 warrants. Still not meaningless.
https://www.secform4.com/insider-trading/1063537.htm
What irks me is that in regular hours trading, RIBT loses a lot the last 15 to 30 minutes.
Of course my thoughts are usually bigger than my wallet or such, But if RIBT got a reverse split with Impossible, that news would be SHOCKING. RIBT could be the next GME, AMC, or KOSS?
I like your sector plays , verses the 500.
I looked up Else and almost none in it. Nice 2 day rally for you a Else
https://fintel.io/so/us/babyf
RIBT>>>
https://fintel.io/so/us/ribt
A couple of new posts at RIBT by the new poster, who shows he knows alot about the company, and a new reply to him from me.
https://investorshub.advfn.com/RiceBran-Technologies-RIBT-6636/