MDLZ250103P62000
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Mondelez International Newsroom
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Chicago beef Futures hit a new high! A cold wave hits the USA cattle region, which is likely to intensify supply tensions!
As a major cattle-raising region in the USA, the Central Plains and Midwest have recently faced severe cold weather, significantly impacting the local cattle industry. Chicago beef Futures prices surged to historical highs on Friday, and Analysts warn that adverse weather conditions may lead to a reduction in herd size and a decrease in carcass weight, further exacerbating the tight supply of beef in the USA.
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Real cocoa is unaffordable, the Confectioners company laboratory is looking for "alternatives."
Analysts say that if the method of obtaining cocoa does not change, there will be no chocolate in twenty years. With cell-cultivated cocoa, this Industry will no longer need to rely on nature. Chocolate and Confectioners companies are beginning to invest in companies that develop "lab cocoa." Earlier this month, the maker of Oreo participated in a seed round financing of 4.5 million dollars for the startup Celleste Bio, which focuses on cell-cultivated cocoa.