Cargill Eyeing Plant-Based Protein Industry

The multinational food corporation drops its last two cattle feeding operations in favor of exploring new protein categories.

Last week, major meat company Cargill Inc. announced it would sell its last two cattle feeding operations to Nebraska-based ethanol fuel producer Green Plains Inc. for $36.7 million. Cargill spokesperson Mike Martin told media outlet Reuters that the move is part of the company’s strategy to explore alternative investments. While Martin revealed that Cargill will diversify its portfolio with insect, fish, and other animal agriculture operations, the company also plans to invest in plant-based protein. Competitor corporation Tyson has already taken that step with its 2016 investment into vegan company Beyond Meat—helping the company increase its distribution of plant-based Beyond Burger to markets as far as Hong Kong.

Photo courtesy of Beyond Meat

More News

Ed Sheeran Buys Vegan Domino's Pizza for Dedicated Fans

The musician treated fans who camped out to see his concert in Brisbane, Australia to vegan pizzas from the chain, which recently added Follow Your Heart's vegan cheese to its menus.
Read More »

UK Doughnut Chain Opens an All-Vegan Outpost

The new plant-based location of doughnut shop Crosstown in London aims to make cruelty free doughnuts that rival the real thing.
Read More »

Zac Efron Thrives on a Purely Plant-Based Diet

The High School Musical actor reveals that ditching animal products has improved his metabolism, sleep, and exercise routine.
Read More »

Dr. Praeger's Debuts Vegan Protein Line

The health-food company is introducing two new burger patties, three types of chicken-free tenders, a meatless sausage, and supergreen nuggets.
Read More »

DKNY and Donna Karan Go Fur-Free

The brands join a growing number of fashion labels and designers that believe fur is outdated.
Read More »

This Week on VegNews TV: The secret to these delightful sweet treats is white beans! Aylin Erman shows you how to make these simple blondies.

More Videos »