5@5: Multidrug-resistant bacteria less common in organic meat | Soil farmers appeal approval of organic hydroponics
Each day at 5 p.m. we collect the five top food and supplement headlines of the day, making it easy for you to catch up on today's most important natural products industry news.
May 20, 2021
Multidrug-resistant bacteria is significantly less common in organic meat, new study finds
According to the Centers for Disease Control and Prevention, 2.8 million Americans contract infections that are resistant to antibiotics every year. A whopping 35,000 people die from them. This is why a landmark study released last week that discovered organic meat is half as likely to contain multidrug-resistant bacteria as conventional meat is so important to note. The study also delved into how the processing aspect of meat affects the spread of bacteria, and researchers found that those facilities that processed mainly conventional meat were more likely to be associated with bacterial contamination of any type. The Counter has the scoop.
Court rejects Bayer's glyphosate appeal
Last Friday, judges at the U.S. Court of Appeals for the Ninth Circuit ruled that the $25.3-million verdict in a lawsuit against Bayer's Monsanto for its cancer-causing Roundup product was reasonable and should be upheld. Unless the company plans on applying for a U.S. Supreme Court review, this spells the end of the road for its fight against this second plaintiff to go to court; the number of cases alleging that the product causes cancer currently exceeds 10,000. Modern Farmer reports.
Soil farmers appeal ruling allowing organic hydroponics
The Center for Food Safety and a group of organic farmers are appealing a court ruling that states USDA did not act unreasonably in its decision to allow organic certification for producers that implement hydroponics. The plaintiffs argue that hydroponic agriculture undermines the law's stipulation that organic farming enhance soil fertility; they are also blaming organic-certified hydroponic producers who operate on industrial scales for declining prices marketwide. Head to Reuters for more.
Daring secures $40M in Series B round for plant-based chicken
Americans consume more poultry than any other meat, so it's no surprise that Daring's realistic plant-based chicken analogues snagged $40 million in a Series B funding round led by Capital Partners. The company said it will use this most recent funding round to triple the size of its team, as well as grow its presence in foodservice and retail channels and push product development. Get the full story at The Spoon.
CEO salaries soared even as profits fell during pandemic
According to The Food Institute, CEO compensation rose 29% from 2019 while median worker pay fell 2% from the preceding year. This has been a trend for years now, but the pandemic made it all that much clearer how corporate boards are going to extreme lengths to protect the paychecks of those in the corporate hierarchy. “We’ve created this class of centimillionaires and billionaires who have not been good for this country,” said Nell Minow, vice chair of ValueEdge Advisors, on the topic.
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