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A comment on Vertical farming company raised $500M, and then it all but disappeared. Parent comment

Re:Vertical farming company raised $500M, and then it all bu... by peweet on Wednesday December 13, 2023 @08:50AM (#38627300)
If real prices reflected the production costs, the cost of meat would be 3X, 4X the cost. Milk is alreaded traded at a loss by the supermarkets. You'd also see most small medium sized farms gone within 5-10 years and see mass unemployment in many those same isolated villages

Countries like Brazil will become even bigger agri superpowers and finish converting all of the Amazon into a giant pasture for beef.

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Re:Vertical farming company raised $500M, and then it all bu... by braza on Wednesday December 13, 2023 @09:39AM (#38627983)
> finish converting all of the Amazon into a giant pasture for beef.

I do not believe that it's going to be so simple like that, since the government has social and environment pressures as well. And being completely pragmatic, the issue with the pastures is more structural due to the Military Regime from 70s [1] in a failed strategy than to some availability of land to do it [2].

[1] - https://g1.globo.com/economia/agronegocios/noticia/2020/10/2...

[2] - https://mamiraua.org.br/noticias/gado-amazonia-criacao-pecua...

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Re:Vertical farming company raised $500M, and then it all bu... by orangepurple on Wednesday December 13, 2023 @09:32AM (#38627884)
Will the cost be more than $32 USD (28 CHF) per kilogram or $14.53 per pound of chicken? That's what people pay for chicken at the Migros supermarkets in the tiny landlocked country of Liechtenstein which is part of the Swiss customs union.

I think the closest thing to that chicken is organic free range, which cost $5.79 a pound a few years ago in the US at Trader Joes.

So the 3x multiple is in line with what you're suggesting if we assume Swiss customs union area chicken cost reflects reality.

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