Plant-based bubble bursts
OPINION: Talking about plant-based food: “Chicken-free chicken” start-up Sunfed has had its valuation slashed to zero by major investor Blackbird Ventures, and its products are no longer available in supermarkets.
Yes, there are some good gains for horticulture and seafood but the dairy and red meat sectors have been stumped.
The Government claims to have taken a pragmatic approach, arguing a deal is better than no deal, despite the poor result on dairy and meat.
The NZ dairy sector has effectively lost Europe under this approach.
Now will the Government take a similar approach in India where dairy will be the key point for negotiation?
