This rate hike was the sixth increase this year, and based on Fed chairman Jerome Powell’s comments following the November meeting, this interest rate rocket ship will continue to gain altitude.
The real elephant in the room when it comes to plant-based foods is not the ingredients or the sometimes over-the-top health claims. No, it is the agenda that comes along with it.
It is clear the current administration sees the USDA and its influence over domestic agriculture as critical to fight climate change. What is not so clear is the definition of a “climate-smart” commodity.
The lack of key components brings disruption at the absolute worst of times. Missing the window of opportunity to upgrade or add to technology now may very well have decades worth of repercussions.