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News & Articles By Arsenio Toledo
10/24/2022
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By Arsenio Toledo
Israeli company that produces 3D-printed fake meat opens new factory in the Netherlands
Israeli lab-grown meat company Redefine Meat has signed a deal to establish a new 3D-printed meat factory in the Netherlands. Redefine Meat sells a line of lab-grown meat products under the brand name “New Meat.” These fake meats are manufactured using 3D printers to mimic certain types of meats like steaks, tenderloins, striploins and other […]
10/20/2022
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By Arsenio Toledo
Bird flu and food inflation push turkey prices 73% higher than last year
Turkey prices are currently 73 percent higher than they were last year, and might stay that way or get worse as Thanksgiving approaches. The price per pound for an eight- to 16-pound turkey is currently at $1.99, up from $1.15 las year, according to data from the U.S. Department of Agriculture (USDA). This constitutes a 73 […]
10/12/2022
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By Arsenio Toledo
USDA announces $500 million stimulus program to boost domestic fertilizer production
The administration of President Joe Biden has announced a $500 million grant to stimulate domestic fertilizer production. Agriculture Secretary Tom Vilsack unveiled the program late last month. It is called the Fertilizer Production Expansion Program. Under the new program, grants will be issued to support “independent, innovative and sustainable American fertilizer production” meant to supply […]
10/12/2022
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By Arsenio Toledo
Tomato shortage looms as drought threatens California’s summer crops
Less precipitation in central California and restricted water supplies coming in from the Colorado River to the southernmost parts of the state have withered many summer crops like tomatoes and onions. Tomatoes are some of the hardest hit by this year’s lower-than-average rainfall and reduced water allocations. Drought conditions, coupled with Hurricane Ian ravaging tomato […]
10/03/2022
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By Arsenio Toledo
British government funding experiments that involve feeding African children INSECTS
The United Kingdom is funding experiments to feed Africans insects. School-age children will be reportedly involved in one of the schemes as they will be eating the bugs in randomized trials. U.K. Research and Innovation (UKRI), a non-governmental body affiliated with the British Department for Business, Energy and Industrial Strategy (BEIS), is responsible for implementing […]
09/21/2022
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By Arsenio Toledo
Food crisis continues: Upcoming US harvest expected to be the most disappointing in years
The United States’ upcoming harvest is expected to be the country’s most disappointing in years, raising fears that America’s food supply will remain tight and food prices will keep increasing. Senior executives at some of America’s largest agribusiness and food processing companies like Bayer, Corteva, Archer Daniels Midland and Bunge warned that worldwide crop supplies […]
09/21/2022
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By Arsenio Toledo
Nitrogen fertilizer prices are expected to rise – and the cost of natural gas is no longer the only factor
The price of nitrogen fertilizer is expected to keep increasing this fall. Analysts have noted that the cost of natural gas, a key component in the production of nitrogen fertilizer, is no longer the only driver of high prices. Nitrogen fertilizer is a necessary ingredient for many farmers in the world for high crop yields. […]
09/20/2022
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By Arsenio Toledo
Brazil, the world’s largest producer of arabica coffee, reports record-low inventory
Brazil, the world’s largest producer of arabica coffee, is reporting record-low inventory – highlighting the worsening condition of global coffee supplies. Coffee inventories in Brazil may dip to just seven million bags weighing 60 kilograms (132 pounds) each by March 2023, according to Silas Brasileiro, president of the National Coffee Council. According to industry experts, a […]
09/16/2022
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By Arsenio Toledo
August food inflation jumped by 11.4%, but experts warn the worst is yet to come
The latest inflation report from the Bureau of Labor Statistics shows that food prices once again rose by 11.4 percent year-over-year, and food inflation is now at its highest point since 1979. The Consumer Price Index report for August showed that prices on all items in the United States rose by 8.3 percent from Aug. 2021 […]
09/13/2022
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By Arsenio Toledo
Food shortage simulation predicts 400% SURGE in food prices by 2030
A 2015 food shortage simulation predicted that food prices could increase by as much as 400 percent from 2020 t0 2030. The simulation, titled the “Food Chain Reaction,” was conducted at the headquarters of the World Wildlife Fund in Washington, D.C. According to a press release from Big Ag company Cargill, the simulation was held over two days and […]
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