Cargill partners with Klim on regenerative agriculture; Starbucks drops Impossible
· Agriculture & Food · United States
AgFunderNews' AgriFood Signals roundup reported that agricultural commodities giant Cargill is teaming up with climate-tech startup Klim on regenerative agriculture, and that Starbucks is dropping Impossible Foods from its food menu. The same brief noted that farmland investment manager Red Reef scored $263 million, and that vertical farms are being used to grow tulips in the UAE. Cargill is one of the world's largest privately held agribusinesses, and its tie-up with Klim points to growing corporate interest in measuring and financing regenerative farming practices. Starbucks' decision to remove Impossible products signals renewed scrutiny of plant-based meat's performance in food service. The items gave no further figures or terms for any of the deals.
Why it matters:The moves show how large food buyers are reshaping two parallel trends—corporate funding of regenerative farming and the retreat of plant-based meat from mainstream menus—which affects suppliers, agtech startups and food-service strategy.
Key points
- Cargill is partnering with climate-tech firm Klim on regenerative agriculture.
- Starbucks is removing Impossible Foods products from its offerings.
- Farmland manager Red Reef raised $263 million, per the same roundup.
Sources (original reporting)
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