With news yesterday that the UK has become the first European country to approve the use of lab-grown meat, the investment industry should be taking this as a win. The Animal and Plant Health Agency and the Department for Environment, Food and Rural Affairs approved a pet food product from the company Meatly today, which produces cultivated chicken meat. Meatly is backed by Agronomics, an Isle of Man-based venture capital firm with a 40 per cent stake in the firm that has also funded companies like California Cultured, which produces cell-cultured flavanol cocoa powder. ✍️ Elliot Gulliver-Needham Continue reading 👇 https://lnkd.in/eBgnX6t9
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July 1, 2024, marks the first day of the new Florida law, banning the manufacturing, sale, or distribution of lab-grown (cultivated) meat. Also to ban the production and sale of cultivated meat was the state of Alabama, whilst U.S states such as Arizona, Wisconsin, Texas, Nebraska, and Tennessee are debating similar proposals. Growing distrust in the lab-grown meat industry has also been seen in Italy, as they announced in 2023 they would be banning cultivated meat production, under the reasoning of protecting farmers, food quality and tradition. https://lnkd.in/ey_uWM_x
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📢 We are proud to announce that QS Qualität und Sicherheit GmbH recognizes the RTRS Standard for Responsible Soy Production for its contribution to sustainability in the soy supply chain. ✳ QS is a renowned German certification scheme that ensures safety and quality of food and agricultural products. They established that soy used by QS-certified companies for animal feed must be sustainably certified against all standards complying with the FEFAC Soy Sourcing Guidelines 2021 as Round Table on Responsible Soy Association (RTRS) ✅ The recognition also extends to the RTRS Chain of Custody Standard with the Segregation and Mass Balance modules, and RTRS Credit System Supporting Responsible Soy. 🌱 This achievement highlights the collaborative efforts of industry stakeholders and emphasizes the importance of implementing sustainable practices from farm to fork. 🌱 Learn more about this recognition here https://lnkd.in/dVbhqNeq #ResponsibleSoy #QS #Feed #food #SupplyChain
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In January, #Arizona became the latest of several states in the US to propose legislation opposing the sale of cellular agriculture foods, specifically cultivated meat. According to the news, Arizona is considering legislation to outlaw the misrepresentation of cell-cultured meat products as meat. The proposed bill, designed to prohibit labeling non-livestock or non-poultry products as ‘meat,’ extends to foods produced in laboratories from cell-cultured animal cells. Meanwhile, in #Florida, the state government proposed legislation that would criminalize the sale and distribution of cultivated meat at the end of 2023. In Texas, the state government signed a bill in May 2023 requiring clear labeling of alternatives to conventional meat products. At the federal level, a Nebraskan senator reintroduced the ‘Real Marketing Edible Artificial Truthfully’ Act (Real MEAT Act) to require alternative proteins to display the word ‘imitation’ in their packaging at the end of 2023. Ultimately, like the proposed legislation in Arizona, the primary objective of the different bills is to protect the cattle and farming industries in the states and across the country through labeling or banning mechanisms. At the same time, considering the previous #Missouri and #Louisiana labeling laws and the courts dismissing the lawsuits, it appears likely that many states will accept the sale of cell-cultured meat if it is clearly labeled as cell-cultured, cultivated, or the determined term. In addition, as long as the required #labeling is not necessarily negative or derogative, it could be an opportunity for cultivated meat companies to highlight their benefits and unique differences from conventional meat right away. Beyond the potential environmental and sustainability benefits, cultivated meat companies could highlight the public health implications of cultured meat and being free of raising and slaughtering animals. Since receiving complete regulatory clearance from the FDA and USDA in June 2023, Upside Foods and Good Meat are the first companies to launch their cultivated chicken products in California and Washington DC, respectively. #cellag #cellbasedmeat #cultivatedmeat #futureoffood #regulation
Arizona could join states in stand against cultivated meat
fooddive.com
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🇺🇸🥩 Another US state takes a step backward by trying to ban cultivated meat. In a significant legislative move, the Florida House is advancing a bill to prohibit the production and sale of cultivated meat. The House Regulatory Reform & Economic Development Subcommittee has approved the bill, echoing similar strides in the Senate Agriculture Committee. Rep. Alvarez, backed by Florida agriculture groups, cited concerns about food safety and the lack of comprehensive long-term studies on cultivated meat. Despite industry assurances and scrutiny by the @FDA and @USDA, the proposed ban aims to address uncertainties surrounding alternative meat production methods. However, amid debates, Rep. Joe Casello sees the potential for cultivated meat as an "economic engine" for Florida. Despite personal reservations, he acknowledges the inevitable evolution of the industry, whether or not the bill passes. Does this move reflect the need for broader conversations about how alternative proteins are produced or does it highlight the influence of Big Ag in politics? More information here: https://lnkd.in/eA89-HwZ #ForwardFooding #altprotein #cultivatedmeat #sustainability #foodsystems #foodtech
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A while ago, the state of Florida, USA, has enacted a ban on cultivated meat and its products, in a move that was a a part of what they perceived as protecting traditional meat producers. Now, a cultivated meat firm has challenged this law in federal court, arguing it violates constitutional rights and impedes interstate commerce. The suit claims the ban protects the state's cattle industry rather than consumer safety. This case may impact the future of alternative protein sources nationwide. Click below to read the full piece on The Verge. Thanks for following! https://lnkd.in/dN2XTCzD #cultivatedmeat #labgrownmeat #culturedmeat #alternativeprotein #futurefood #foodtech #cleanmeat #plantbasedalternative #sustainablefood #innovation #constitutionalrights #interstatecommerce #foodregulation #floridaban #protectingagriculture #foodpolicy #governmentregulation #legalbattle #courtcase #lawsuit #meatindustry #agriculture #foodproduction #economy #business #startup #investment #market #competition #animalwelfare #sustainability #environment #climatechange #health #nutrition #foodsafety #consumerchoice #ethics #futureoffood #breakingnews #news #headline #trending #viral #debate #controversy #opinion #discussion
Florida sued over its ban on lab-grown meat
theverge.com
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Italy just banned the production, sale or import of cultivated meat, even before it's on the market. The country is also banning meat names for plant-based products (like "sausage "or burger", even though the EU has already decided to allow those names. Italy's minister of agriculture, Franscesco Lollobrigida is quoted as saying that cultivated meat dispupts the "virtuous bond between land and people." But there is of course nothing virtuous about intensive animal agriculture today. The man also claims that this is a brave decision that "puts Italy at the forefront of the world." He's wrong, of course. Italian lawmakers, with their meat-shaped blinkers, are putting short-term economic interests of a small group of people over long-term environmental, health and animal-welfare benefits. In terms of plant-forward / alt.protein regulation, Italy is probably the most backward country in the world. #plantbased #vegan #italy #meloni
Italy bans lab-grown meat in nod to farmers
bbc.com
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🐄 The California-based company Memphis Meats grows beef, chicken, and duck meat by synthesizing protein from animal cells in a lab. This process does not require killing animals to obtain the material. In terms of taste and nutritional characteristics, the meat is identical to natural meat and could potentially replace it entirely in the future. 💡 The primary task for the startup today is to reduce production costs, as affordability is a crucial criterion for humanity's transition to ethical consumption. The ability to replace meat with meat, rather than plant-based alternatives, has attracted the attention of Bill Gates, Richard Branson, Tyson, and Cargill. 💵 Over the past six years, investors have invested a total of $206 million in Memphis Meats. https://lnkd.in/gmts6yQz
Historic first: cell-based poultry tasting
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I am very glad to join the Executive Committee of the IPIFF (International Platform of Insects for Food and Feed), our insect producers' and users’ association that have done so much these last years for the development of the European insect sector. There is still a lot of work ahead for the next years : now that production is becoming a reality in Europe, we need a clearer and applicable regulation, for production, food and feed use, circularity including frass usage for the soils. We need also a clear view on the European market for this sustainable new source of proteins and how it takes place in our European sovereignty and in the green deal. We cannot continue to say “we need to develop more alternative sources of proteins for Europe” and continue to import massively without any environmental or regulatory constraints non sustainable sources of proteins from all over the world. I am really looking forward to work with my colleagues of the IPIFF Excom to strengthen and accelerate the development of this important sector for Europe.
Last week, IPIFF (International Platform of Insects for Food and Feed) held its General Assembly Meeting. The IPIFF constituents elected Adriana Casillas, CEO of Spain-based Tebrio, insect industry leaders, as President for the second 3-year mandate. During the General Assembly meeting, Frank van Sluis (Protix) was re-elected as First Vice-President, Antoine Hubert (Ÿnsect) as Second Vice-President, and Heinrich Katz (Hermetia Baruth GmbH) as IPIFF Treasurer of the EU-wide umbrella organisation. During the high-level meeting, Sophie Delplancke (Innovafeed), Christian Bärtsch (Essento Insect Food • Making insects delicious), Daniel Murta (EntoGreen) and Sebastien Crepieux (Invers) were also appointed to the Executive Committee. Congratulations to all elected members! More about the General Assembly 👉 https://bit.ly/3L4AIhl
IPIFF General Assembly Meeting 27 June 2024 – International Platform of Insects for Food and Feed, Brussels
https://ipiff.org
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IIf you’re buying an A-rated washing machine rather than a C-rated washing machine, you expect to pay a premium. Stephen Arthur, Chair of the Irish Farmers Association Dairy Committee and a #DairyFarmer in Wicklow, used this analogy to explain the unfairness of farmers not being rewarded for their #sustainability efforts. 📺 Watch the full May #MilkPriceMonthly episode with Stephen and our CEO, Diarmaid Mac Colgáin, on Agri Insider 👉 🐮 Everyone in #dairy benefits from Concept Dairy™ 🚀 ! #DairyIndustry #DairySector #agribusiness #agricultureandfarming
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Cultivated meat is nowhere close to being widely available, or in competition with conventional, animal-based meat products. Yet, Florida and other Republican-led states want to ban (and criminalize) it — including its research and development. Here's the story: https://lnkd.in/eujGfCak
Cultivated meat could help decarbonize food. Florida wants to ban it
canarymedia.com
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Sceptical Empiricist.
1moThe stupendous discount to NAV that Agronomics trades at highlights a disconnect between headlines and investment activity.