Faking it
OPINION: Demand for red meat is booming, while it seems the heyday of plant-based protein is well past its 'best before' date.
OPINION: The Hound suggests all the hype around the potential commercial success of plant-based meat alternatives is starting to hit the wall of reality.
Beyond Meat - the plant-based 'meat' maker - recently reported disappointing third-quarter results.
The company has also issued a gloomy outlook that indicates sales won't snap back immediately.
Financial analysts like JP Morgan and Credit Suisse are now backing off their earlier calls to invest in Beyond Meat, downgrading the stock and telling investors to not buy.
"We view the results as further evidence that Beyond's business is reaching market saturation faster than expected and that the company has deeper problems that won't be easy to fix," Credit Suisse analyst Robert Moskow wrote in a not to clients.
JP Morgan's Ken Goldman told investors that "it's hard to be completely confident about the future of the category".
Beef + Lamb New Zealand (B+LNZ) is calling on farmers from all regions to take part in the final season of the Sheep Poo Study aiming to build a clearer picture of how facial eczema (FE) affects farms across New Zealand.
New Zealand is closer to eradicating bovine TB than ever before, but possums remain a threat, says Beef + Lamb New Zealand.
Foreign Affairs Minister Winston Peters has joined the debate around the proposed sale of Fonterra’s consumer and related businesses, demanding answers from the co-operative around its milk supply deal with the buyer, Lactalis.
The ACT Party says media reports that global dairy giant Nestle has withdrawn from the Dairy Methane Action Alliance shows why New Zealand needs to rethink its approach to climate.
If there was a silver lining in the tragedy that was Cyclone Gabrielle, for New Zealand Young Grower of the Year, Grace Fulford, it was the tremendous sense of community and seeing first-hand what good leadership looks like.
New research could help farmers prepare for a future where summer rainfall is increasingly unpredictable and where drought risk is rising, no matter what.
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