Current Cattle Market Daily Headlines for Friday, August 14, 2020
Mackenzie Johnston
Newspapers and Laptop. Different Concepts for News - Network or Traditional Tabloid Journals. Data Sources - Electronic Screen of Computer or Paper Pages of Magazines, Internet or Papers
Mission Barns will now let the public try their new cultured bacon
Cultivated meat maker, Mission Barns, is now offering consumers an opportunity to sign up for a chance to be one of 50 to 100 selected tasters to try bacon grown from real pork fat cells, no animal slaughter included.
Cultivated proteins have yet to hit the market, as they haven’t been approved for commercial sale.
Cultivated bacon is made when pork cells are taken from a pig, fed a mixture of nutrients and sugar to grow, and then they continue to grow and “fatten up” until a slice of bacon is formed.
There are approximately 36 cultured protein companies across the globe, all working to make cultured proteins a commercial reality. These companies are making cultured meat ranging from seafood to chicken nuggets.
When these cultured meat products will actually hit store shelves remains to be seen.
Brazil’s JBS, the world’s top meatpacker, posts better than expected Q2 results
On Thursday, JBS posted second quarter net profits nearly twice as high as the average of analysts’ estimates after a strong performance of its beef and pork divisions in Brazil and the U.S.
JBS showed a net profit of $629 million for the quarter.
After this strong second quarter, the company has increased its consolidated net revenue to approximately 12.6 billion dollars, up 33%.
According to JBS, the second quarter was highlighted by strong Brazilian beef exports to China, which increased 53% in dollar terms compared with the same period a year ago.
Chinese cities find coronavirus in frozen food imports, WHO downplays infection risk
Two cities in china have found traces of coronavirus in cargoes of imported frozen food, according to local authorities.
Local Chinese authorities have reported samples taken from the surface of frozen chicken wings imported into Shenzhen from Brazil and from the outer packaging of a frozen Ecuadorian shrimp sold in the city of Xian, have tested positive for the virus.
Scientists and officials say there is no strong evidence that coronavirus can spread via frozen food.
World Health Organization’s head of emergencies program, Mike Ryan, stated that people should not fear food, food packaging, or delivery of food.
In addition to screening all meat and seafood containers coming into major ports in recent months, China has suspended numerous meat imports from various places, including Brazil, since mid-June.
