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...One of the hurdles that many lab-grown meat starts-ups face is the cost of the feed in which cells grow....
...“Plant-based meat has been disappointing in terms of taste and texture and they’ve also generally been too expensive compared to [real meat],” said Alastair Cooper at venture capital firm ADM Capital, whose...
...“It’s going to surprise people how steeply costs are being driven down,” said Alastair Cooper at VC ADM Capital. “Efficiencies are improving dramatically.”...
...While lab capacity had not yet reached a maximum, “we are certainly pushing the frontiers”, Adm Giroir said. “We cannot test our way out of this,” he added....
...“The amount of information we have access to or can get our hands on is very, very similar to what a Cargill or ADM or Bunge or Dreyfus had.”...
...Cargill’s recent negotiations to buy ADM’s cocoa business collapsed over price....
...Today directors are just as likely to be in rubber boots or lab coats – and their reading matter geopolitical or scientific rather than a glossy tome of ad campaigns....
...Name: Patricia Ann Woertz Nationality: American Age: 56 Company: Archer Daniels Midland Sector: Food producers Location: US 3-year TSR: -32.2% On Patricia Woertz’s first day as chief executive at ADM...
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