Category: War On Meat

What Happened To Beyond Meat?

The media moved on to the next latest thing.

Beyond Meat shares have dropped ~83% this year while sales have stagnated, per The New York Times.

– In October, it laid off 200 workers, or ~19% of its workforce.
– The company lost four execs, including the COO, who was accused of biting a man’s nose during a fight.

Employees also told The Wall Street Journal that CEO Ethan Brown, who founded Beyond Meat in 2009, rushed timelines, resulting in wasted resources and unenthused customers.

But it’s not just Beyond Meat

Brazilian meatpacker JBS announced it would shutter its plant-based arm in October, while Kellogg’s Morningstar Farms has seen sales drop, reportedly over supply chain issues.

Y2Kyoto: Schadenfrozen

“Germany is now the largest meat importer in Europe;

While Green politicians have condemned meat eating, the social reality is different, with nearly the entire German population eating meat on a regular basis. However, agricultural and green policies are stifling German meat production, making Germany wholly dependent on meat from foreign countries; this is creating a new dependence similar to Germany’s reliance on Russian gas, which turned out to be a catastrophic mistake.

Let them eat lettuce.

I’m Not Eating Bugs

And I’m not eating fake meat.

Julian Mellentin, author of a new report, “Failures – and what you can learn from them”, published by New Nutrition Business, said there are about 10 common causes of failure in the business of nutrition and health and “many plant meat makers have made most of them”.

He researched the financials of a sample of 100 plant-based meat brands in Europe, the United States, Canada, Australia and New Zealand.

“Not one was showing any sign of making a profit, even after five or more years in business,” Mellentin said.

“And those with the fastest-growing sales also had the fastest-growing losses.”

War On Agriculture

Via WUWT;

New Zealand has unveiled a plan to tax sheep and cattle burps in a bid to tackle one of the country’s biggest sources of greenhouse gases.

It would make it the first nation to charge farmers for the methane emissions from the animals they keep.

New Zealand is home to just over five million people, along with around 10 million cattle and 26 million sheep.

Almost half the country’s total greenhouse gas emissions come from agriculture, mainly methane.

However, agricultural emissions have previously not been included in New Zealand’s emissions trading scheme, which has been criticised by those calling for the government to do more to stop global warming.

Provincial prairie governments are as behind on this curve as they were on energy. The Marxist climate/cultural agenda has been embedded in our schools and universities for two decades, their salaries and curriculum funded by the very people they seek to destroy — all while our elected “conservative” representatives inexplicably sit on their hands.

Beyond Broke

Reuters:

Beyond Meat Inc’s (BYND.O) quarterly losses ballooned, as the plant-based protein maker spent heavily on product launches and offered big discounts as it tried to guard its market share against deep-pocketed players and nimble upstarts.

The company’s stock slid 20% in extended trading on Wednesday, as Beyond Meat reported a gross margin of 0.2% for the first quarter ended April 2, a 30 percentage point slide from a year earlier.

They got millions worth of free product placement in the news cycle, and people still won’t eat the crap.

The Sound Of Settled Science

Sebastian Rushworth M.D.,

In a sense, I can’t believe I’m writing this article. From a scientific perspective, this issue has been firmly settled. The answer is very clearly “NO!”. And yet, if I google “is saturated fat unhealthy?”, then seven of the top nine results proclaim with great certainty that “yes, it is”.

Here’s what the NHS says to people living in the UK: “Too much saturated fat can increase the amount of cholesterol in the blood, which increases your risk of developing heart disease.”

And here’s what the US government tells its citizens: “Eating too many foods high in saturated fats can be bad for your health. By replacing saturated fats with unsaturated fats, you may lower your risk of getting heart disease.”

To be fair, the US government doesn’t sound quite as confident as the UK health authorities. There’s a lot of “can” and “may” in that sentence. Which is actually a bit funny, when you consider that it was the US government that got the whole world to cut down on saturated fats in the first place.

Interestingly, none of the self-appointed fact checking organizations that have sprung up in recent years has yet tried to pull the NHS or the US government off the internet for spreading misinformation.

If you’re in a habit of subscribing to interesting newsletters, Rushworth’s a good one.

Beyond Profits

Zerohedge- Beyond Meat Implodes After Reporting Catastrophic Q3 Sales

Confirming yesterday’s observation that the market is quick and merciless to punish any and all stocks that miss expectations this quarter, moments ago (former growth stock) Beyond Meat plunged 14% after reporting preliminary net revenue for third quarter of about $106 million, missing the estimate of $134.3 million by about 30%, and a huge disappointment to the company’s prior guidance which was $120 million to $140 million.

More here

People don’t like fake meat?

O, Sweet Saint Of San Andreas

Hear my prayer.

Restauranteurs in California are getting very concerned that a meat staple of many dishes, especially in breakfast-centred restaurants, is going to be gutted from their menus in January. Beginning then, much of the U.S. pork production will be prohibited from sale in the state. In Iowa, for example, a major pork supplier for California, it is estimated only four per cent of the state’s hog production operations will be able to ship into California.

In 2018, voters passed a measure mandating more space where pigs, laying hens and veal calves were raised. Pig producers have been loath to spend the hundreds of millions of dollars required to overhaul production barns and systems to meet a law they didn’t believe would stand. The Commerce Clause of the U.S. Constitution prohibits one state from restraining trade among other states.

Many expected such a blatant move by California to set its own restrictive production standards and impose them on other states’ producers would be disallowed. But a lawsuit filed by the North American Meat Institute and joined by attorneys general in multiple states lost in California’s district court, lost at the very liberal Ninth Circuit Court of Appeals and the U.S. Supreme Court declined to hear the case.

The Sound Of Settled Science

Warnings about processed meat fail the test of science;

A new re-analysis of the science concerning links between processed meat and chronic disease indicates that studies showing a relationship between the two are very low quality and suffer from, as the authors put it, “serious risk of bias and imprecision.”

This conclusion is unsurprising, as it follows a recent set of analyses that rocked the nutrition world. That earlier set of studies, published in Annals of Internal Medicine earlier this month, concluded that guidelines warning us to consume less red and processed meat are based on evidence with very low certainty. The researchers who performed those analyses asserted there is no way to determine, for any given individual, what the risks or benefits of eating meat might be.

Whiplash injuries on the rise as public attempts to follow the science.

“Automation Is The Future”, They Said

It’ll be great! they said,

Australian and North American units of the world’s largest meat works were hit over the weekend by an organised cyber attack on its information systems, Brazil’s JBS SA said in a statement.

The attack caused its Australian operations to shut down on Monday. The company said it was working to resolve the incident.

“On Sunday, May 30, JBS USA determined that it was the target of an organised cybersecurity attack, affecting some of the servers supporting its North American and Australian IT systems,” it said in a statement released Monday afternoon, U.S. time.

“Resolution of the incident will take time, which may delay certain transactions with customers and suppliers.”

The attack shut down operations across several Australian states, JBS Australia Chief Executive Officer Brent Eastwood told industry news website Beefcentral on Sunday, at which time he was not able to say how long the stoppage would last.

The world’s largest meatpacker has operations in Canada and the United States, which on Monday marked the U.S. Memorial Day public holiday.

Australian meat processing operations would be impossible without normal access to IT and internet systems, according to the Beefcentral report. JBS’s Primo Smallgoods business in Queensland state has also been affected, the report said.

More here;

Some of the immediate challenges presented since the breach was discovered on the weekend include what happens to thousands of chilled carcases from cattle slaughtered on Friday, that have yet to be boned-out.

The company has provided no further comment today, but Beef Central understands attempts will be made to bone those bodies out tomorrow using manual record keeping, documentation and sortation. At some sites, including JBS Beef City, many of those ‘stranded’ carcases are high-value Wagyu being serviced killed for other supply chains. […]

Comments in the company statement published above, suggesting that “resolution of the incident will take time,” hardly add to confidence that operations will recommence in coming days.

Having said that, the direct impact of the cyber-security breach is yet to be seen in the company’s US beef, pork and chicken operations, because of international time differences, and the fact that yesterday (Monday) was a national Memorial Day public holiday in the US. More will be learned about operational decisions and/or plant closures in the US from tomorrow.

Compounding the challenges, email and telephone communication with the company continues to be impacted by the IT breach.

h/t Ed

War On Meat

Wind turbines for your plate;

The point is the companies pushing this do not have a better mousetrap. They are not even making that claim. In fact, they make it clear that their products are not better than what they seek to replace. In their public demonstrations they concede that it is, at best, a close facsimile. Instead, they claim their products are morally superior. You see, the burger made from grass clippings and dried leaves pleases Gaia. She will therefore reward the grass eaters and punish the meat eaters.

That is insane, but these products have the backing of the oligarchs. Both of these companies are supported financially by rich people. The troubled Bill Gates is behind the Impossible Burger scheme. He is the guy trying to blot out the sun because he thinks it is part of the cow conspiracy. Other oligarchs are rushing to get in on the fake meat racket as well. All of a sudden, the rich are sure real meat will go the way of the buggy whip and be replaced by bugs and grass clippings.

Related: Al Gore Set to Cash In on Fake Meat

h/t Jeff

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