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Farm Progress America, October 14, 2021

Max Armstrong reports on news that meat packer Hormel Foods is investing in a plant-based products company

Max Armstrong looks at the announcement that venture investment arm of Hormel Foods, 199 Ventures, has entered an exclusive partnership with the Better Meat Company to bring mycoprotein and plant-based protein products to the market. Better Meat uses a potato-based fermentation process using mycoprotein boasts more protein than eggs and more iron than beef. Max shares insight on why Hormel Foods is making that investment.

Farm Progress America is a daily look at key issues in agriculture. It is produced and presented by Max Armstrong, veteran farm broadcaster and host of This Week in Agribusiness.

Photo: Better Meat

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