Hunger is rising around the world. In the U.S., food insecurity has doubled during Covid-19.

Here's how we got here, and here's how we can use agricultural innovations to sustain our population trib.al/ZXaVtJq
Consolidation has made the U.S. meat industry — and the global protein supply — profoundly vulnerable.

It will become more susceptible in the years ahead as public health threats and potential cyberattacks continue to loom large trib.al/Tu93oup
Climate change increases the risk of natural disasters. There are many things raising pressure on our farms and ranches, including:

🏜️ Drought
☀️ Heat
🌊 Flooding
🔥 Wildfires
🐛 Insects
⛈️ Superstorms
🌡️ Weather volatility
trib.al/Tu93oup
The time has come “for deindustrializing and decentralizing the American food system [and] breaking up the meat oligopoly,” wrote environmental author @michaelpollan.

Yet little has been done to decentralize U.S. meat production trib.al/Tu93oup
@SecVilsack, secretary of @USDA, said we’re “better off having multiple plants in multiple locations — smaller facilities to produce enough product" trib.al/Tu93oup
The Biden administration, along with state and federal lawmakers, have an urgent obligation to dismantle American meat monopolies, which have gone unchallenged and unchecked for too long trib.al/Tu93oup
The USDA can begin to mobilize a plan immediately with the $4 billion allocated for food supply chain resiliency under the American Rescue Plan Act.

Beyond grant money, smaller producers and processors need other forms of USDA support trib.al/Tu93oup
Solutions include: :

➡️ Creating dedicated roles at the USDA to help local processors build regional markets
➡️ Re-empowering the Grain Inspection, Packers and Stockyards Administration to hold large meat processors accountable trib.al/Tu93oup
In the U.S. alone ...

🥩Four processing companies slaughter more than 80% of the beef
🐽Four meatpacking companies process roughly two thirds of the nation's hogs
🍗Five companies control about 60% of the broiler chicken market trib.al/Tu93oup
The vertical integration of livestock and poultry supply chains has stifled competition and led to widespread corruption.

The Biden administration and Congress must strengthen antitrust laws so that they more clearly apply to large scale food production trib.al/Tu93oup
Interested in learning more about the global resource crunch?

💦 Read more about how California's historic dry spell is causing people to embrace "toilet-to-tap" water
twitter.com/i/events/13950…

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Bloomberg Opinion

Bloomberg Opinion Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @bopinion

17 Jun
Rising real-estate prices are stoking fears that the American dream of homeownership is slipping out of reach for low- and moderate-income Americans.

That may be so — but a nation of renters is not something to fear trib.al/yh67cog
The numbers paint a stark picture.

After peaking at 69% in 2004, the homeownership rate fell every year until 2016, when it was 64.3%. The rate rebounded in Trump’s presidency, hitting 66% in 2020, but that trend may be short-lived (📊 via @stlouisfed) trib.al/yh67cog
This process is painful, but it’s not all bad.

Slowly but surely, most Americans’ single biggest asset — their home — is becoming more liquid. Call it the liquefaction of the U.S. housing market trib.al/yh67cog
Read 14 tweets
15 Jun
💰 How do I transfer money in a 401(k) account under my maiden name? Do I have to withhold anything for tax purposes?

Don't give up in frustration and leave your retirement nest egg behind trib.al/Sunp8fT
The percentage of U.S. workers who have changed or lost jobs in 2020 is double the annual rate during the previous two decades.

And with that turnover comes a trail of orphaned 401(k) retirement accounts trib.al/BzpFHrQ Image
Generally, it's a paper process to roll over retirement funds.

Until the process becomes digitized, here are things to keep in mind when deciding what to do with that 401(k) money ⬇️ trib.al/BzpFHrQ
Read 9 tweets
14 Jun
At the start of the pandemic, headlines signaled the end of days for the Golden State: “California doom: Staggering $54 billion deficit looms,” the AP declared.

Yet that's not what the data shows. California’s economy is the opposite of doom trib.al/IFBEiqA
No one anticipated the latest round of data showing that California has no peers among developed economies for…

💰Expanding GDP
💼Creating jobs
💸Raising household income
👨‍🏭Manufacturing growth
💡Innovation
☀️Clean energy
trib.al/IFBEiqA
By adding 1.3 million people to its non-farm payrolls since April 2020 -- equal to the workforce of Nevada -- California easily surpassed Texas & New York.

Household income increased $164 billion, almost as much as Texas, Florida & Pennsylvania combined trib.al/IFBEiqA
Read 11 tweets
13 Jun
It’s not just adults of a certain age complaining about their eyesight after more than a year of being glued to a:

💻 Laptop
🖥️ Desktop
📱 Mobile phone
📺 Large TV screen

Far more kids than before are coming in needing glasses, too trib.al/61PLLba
Myopia has been a growing concern during the Covid-19 pandemic, especially among children.

➡️ A study showed myopia in children ages 6 to 13 increased by up to three times in 2020
➡️ On average, children were more shortsighted trib.al/SSRFzpX
Myopia is the most common ocular disorder and a leading cause of visual impairment in children.

It is estimated to affect 52% of the world population by 2050.

👓 If you don’t have glasses now, you probably will soon trib.al/SSRFzpX
Read 8 tweets
13 Jun
Theaters went dark in London’s West End last year, galleries closed and concert halls stood silent.

📚But there was one creative industry that flourished during lockdown: the reading and publishing of books
bloom.bg/3vlGUa4
Publishers, parents and educators are now hoping the reading habit will stick around post-Covid.

Here's why it just might:
📖@HarperCollins had a “historic” final quarter of 2020
📖Then it posted a 45% jump in profits in the quarter ending in March 2021 bloom.bg/3vlGUa4
HarperCollins CEO Charlie Redmayne points to profitable backlist sales from the likes of:

📚J. R. R. Tolkien
📚George R. R. Martin
📚Agatha Christie bloom.bg/3vlGUa4
Read 11 tweets
12 Jun
💦 Planning to float around in your pool this summer? A shortage of chlorine tablets threatens to make that difficult trib.al/UjeOUhg
The chlorine squeeze is especially acute because Americans are more pool-happy than ever:

➡️ Demand for pool upgrades and new construction skyrocketed during the Covid-19 pandemic
➡️ Pool owners who didn’t do any extra work started using their pools more trib.al/UjeOUhg
The chlorine market likely would have been able to keep up were it not for a fire at a BioLab chemical plant last year.

The damage took out a facility responsible for a significant portion of the popular chlorine tablets produced for the U.S. market trib.al/UjeOUhg
Read 8 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

:(