# Weekly global protein digest: US approves lab-grown chicken, Smithfield Europe acquisition
						 | The Beef Site

> The FDA approved lab-grown chicken from Upside Foods for human consumption, a first. Smithfield Europe agreed to acquire Goodies Meat Production, a Romanian private-label packaged meat producer with 320 employees. China's October pork imports were down 20.6% year on year.

- Date: 2022-11-25 · published 2022-11-25T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/38816-weekly-global-protein-digest-us-approves-lab-grown-chicken-smithfield-europe
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

These are mostly structural developments with little direct effect on feed demand or livestock prices, though weak Chinese pork imports signal soft export demand.

## Read by commodity

- HOGS: bearish ▼

## Sources

- thebeefsite.com: https://www.thebeefsite.com/articles/weekly-global-protein-digest-us-approves-lab-grown-chicken-smithfield-europe-acquisition

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.