Yanglin Soybean, Inc (fka YSYB)

[sunsailor]

BIG AG ‘BUNGE’ INVESTS IN SOY PLANT-BASED BEYOND!

https://www.reuters.com/article/us-food-meat-alternative/big-ag-wants-a-cut-of-booming-fake-meat-market-idUSKCN1VU11B

“WINNIPEG, Manitoba/CHICAGO (Reuters) - Bunge Ltd, one the world’s biggest grain traders, recently disclosed the 1.6% stake it had purchased in the fast-growing fake-meat startup Beyond Meat.

The play looked smart after the stock surged more than 250% since the faux burger and sausage maker’s initial public offering in May. Indeed, Beyond Meat’s (BYND.O) market capitalization of $9.9 billion is now larger than Bunge’s (BG.N), a 201-year-old firm with 31,000 employees.

No wonder many top agricultural firms want to grab their cut of the booming market for plant-based fake meat. Bunge’s investment is just one example of how grain traders and seed companies are trying to capitalize on a market that now accounts for 5% of U.S. meat purchases - a share expected to triple over a decade, according to investment management firm Bernstein. That growth would mirror the fast ramp-up of milk substitutes made from crops such as almonds.

“I definitely think this is going to continue to drive demand,” said Vince Macciocchi, president of the nutrition group at Archer Daniels Midland (ADM.N), one of Bunge’s chief rivals.
((( YSYB HARBIN STORE SELLS MULTIPLE SOY PROTEIN POWDERS BY THE TONS!!! )))
ADM and privately-held grain trader Cargill are selling processed peas and soy proteins to consumer food companies and restaurants that use them to make vegetable burgers, sausages, fish substitutes and other faux-meat products.

They are also getting into the business through acquisitions and corporate partnerships or by leveraging their labs and research capabilities to help make new plant-based products for clients including food and beverage makers.“ End quote ~ Reuters

HARBIN CHINA YANGLIN’S STORE HAS BEEN SELLING ALL KINDS OF SOY PROTEIN POWDER ( BY THE TONS ) FOR YEARS NOW!!!!!!!!!

GO YANGLIN GOGOGO!!!
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