1 00:00:01,160 --> 00:00:05,280 Speaker 1: We Americans love beef, which is a fact that will 2 00:00:05,320 --> 00:00:08,880 Speaker 1: surprise exactly no one. The US is, after all, the 3 00:00:08,920 --> 00:00:13,160 Speaker 1: biggest producer and consumer of beef products in the world, 4 00:00:13,760 --> 00:00:17,079 Speaker 1: and yet beef is not, in fact the meat Americans 5 00:00:17,280 --> 00:00:22,840 Speaker 1: choose most. That distinction belongs to chicken. We eat way 6 00:00:22,880 --> 00:00:27,280 Speaker 1: more chicken and chicken wings, chicken sandwiches, chicken nuggets than 7 00:00:27,360 --> 00:00:32,080 Speaker 1: we do burgers or steaks. Bloomberg's Leslie Patten and Matt 8 00:00:32,080 --> 00:00:35,880 Speaker 1: Townsend went to find out why, despite americans long held 9 00:00:35,920 --> 00:00:40,200 Speaker 1: preference for beef, chicken has come to dominate the US diet. 10 00:00:41,040 --> 00:00:43,080 Speaker 2: You can get a bird to market now in about 11 00:00:43,120 --> 00:00:45,920 Speaker 2: seven weeks, and it's twice as big as it was 12 00:00:46,080 --> 00:00:47,880 Speaker 2: in the twenties and thirties. 13 00:00:48,520 --> 00:00:51,040 Speaker 1: And how the nune to two please beef industry is 14 00:00:51,159 --> 00:00:52,720 Speaker 1: working to climb back. 15 00:00:53,240 --> 00:00:56,600 Speaker 3: They need more of different products to get beef into 16 00:00:56,600 --> 00:01:00,240 Speaker 3: people's stomachs because right now people aren't going out and 17 00:01:00,280 --> 00:01:02,240 Speaker 3: eating steaks as much as they used to, and things 18 00:01:02,280 --> 00:01:02,880 Speaker 3: like that. 19 00:01:03,080 --> 00:01:06,680 Speaker 1: And a little later we'll also hear from historian Emmelyn Roode. 20 00:01:06,720 --> 00:01:10,400 Speaker 1: She's written a book about America's chicken obsession. 21 00:01:10,920 --> 00:01:14,160 Speaker 4: I had to see the chicken industry growing bigger, expanding abroad, 22 00:01:14,360 --> 00:01:15,639 Speaker 4: producing ever more chicken. 23 00:01:16,080 --> 00:01:17,720 Speaker 5: Endless chicken is what I predict. 24 00:01:23,120 --> 00:01:26,000 Speaker 1: I'm West Kasova today on the Big take the battle 25 00:01:26,120 --> 00:01:32,319 Speaker 1: for center place on your dinner plate, Matt. This is 26 00:01:32,360 --> 00:01:35,839 Speaker 1: not actually the story you set out to write, is it. 27 00:01:35,840 --> 00:01:39,720 Speaker 3: It's not. The initial story was very simply gen z, 28 00:01:39,920 --> 00:01:42,959 Speaker 3: which are you know? Twenty somethings weren't really eating beef 29 00:01:43,000 --> 00:01:45,480 Speaker 3: as much, and Leslie had talked to I think an 30 00:01:45,520 --> 00:01:48,120 Speaker 3: executive at Taco Bell basically saying we're doing everything we 31 00:01:48,160 --> 00:01:50,480 Speaker 3: can to get more chicken in front of our customers. 32 00:01:50,960 --> 00:01:52,960 Speaker 3: And then we sort of had that story and it 33 00:01:53,000 --> 00:01:56,240 Speaker 3: was like a nice story, was interesting, but I started thinking, well, 34 00:01:56,280 --> 00:01:58,480 Speaker 3: why is chicken so popular? How did it even get 35 00:01:58,520 --> 00:02:01,480 Speaker 3: to this place? And the next step was, well, what 36 00:02:01,600 --> 00:02:03,840 Speaker 3: is the beef industry trying to do about it? Like 37 00:02:03,840 --> 00:02:06,200 Speaker 3: what is their strategy? We write a lot about companies 38 00:02:06,200 --> 00:02:09,239 Speaker 3: and their strategies, but what is the beef's industry strategy 39 00:02:09,440 --> 00:02:12,480 Speaker 3: to start growing again to combat Chicken's dominance? 40 00:02:13,200 --> 00:02:17,360 Speaker 2: Just to paint the picture, I mean, in terms of consumption, 41 00:02:18,200 --> 00:02:22,960 Speaker 2: we eat about double chicken as we do beef per capitall, 42 00:02:23,360 --> 00:02:26,200 Speaker 2: I mean roughly fifty pounds of beef per person and 43 00:02:26,200 --> 00:02:29,200 Speaker 2: one hundred pounds of chicken per person every year. It's 44 00:02:29,280 --> 00:02:33,080 Speaker 2: not even close. And chicken has been taking share from 45 00:02:33,240 --> 00:02:35,760 Speaker 2: beef and arguably from pork too. 46 00:02:35,800 --> 00:02:36,400 Speaker 5: For a while. 47 00:02:37,040 --> 00:02:38,840 Speaker 3: And the size of the beef industry is about eighty 48 00:02:38,840 --> 00:02:42,360 Speaker 3: five billion dollars, which is a huge industry, and that 49 00:02:42,360 --> 00:02:45,560 Speaker 3: doesn't even include the meat packing industry. That's another three 50 00:02:45,680 --> 00:02:48,240 Speaker 3: hundred billion dollars. Granted, that's all kinds of meat that 51 00:02:48,280 --> 00:02:50,560 Speaker 3: they process, so chicken, beef, and pork. 52 00:02:51,480 --> 00:02:54,440 Speaker 1: And this decline in beef is kind of a big 53 00:02:54,480 --> 00:02:56,639 Speaker 1: deal in the US, right because the US is the 54 00:02:56,680 --> 00:02:58,639 Speaker 1: biggest beef producer in the world. 55 00:02:59,000 --> 00:03:03,480 Speaker 3: Yes, the biggest beef producer, it's also the biggest beef consumer. 56 00:03:03,880 --> 00:03:06,959 Speaker 3: The companies or the entities raising cattle are these little, 57 00:03:07,240 --> 00:03:10,959 Speaker 3: mostly cattle farms run by a single family. There's roughly 58 00:03:10,960 --> 00:03:14,040 Speaker 3: seven hundred thousand of them in the United States. It's 59 00:03:14,080 --> 00:03:17,160 Speaker 3: a big industry, but it's dominated by these small, little 60 00:03:17,360 --> 00:03:19,320 Speaker 3: family run farms. 61 00:03:19,360 --> 00:03:23,239 Speaker 1: And that's different from the chicken industry. 62 00:03:23,440 --> 00:03:23,919 Speaker 6: That's right. 63 00:03:24,120 --> 00:03:28,320 Speaker 2: The chicken industry is largely vertically integrated, so you have 64 00:03:28,440 --> 00:03:32,840 Speaker 2: the same companies handling everything from the hatcheries all the 65 00:03:32,840 --> 00:03:36,320 Speaker 2: way up to bringing it to market in the grocery store. 66 00:03:37,200 --> 00:03:39,720 Speaker 1: So here's the big question, why has there been this 67 00:03:40,040 --> 00:03:44,440 Speaker 1: generational shift away from beef in toward chicken. 68 00:03:45,520 --> 00:03:49,880 Speaker 2: The meat industry, whatever they produce, whether it be beef, chicken, pork, 69 00:03:50,240 --> 00:03:50,920 Speaker 2: we eat it. 70 00:03:51,520 --> 00:03:54,240 Speaker 6: So a lot of it boils down to how much 71 00:03:54,760 --> 00:03:55,200 Speaker 6: is there. 72 00:03:55,640 --> 00:03:58,720 Speaker 2: And these chicken companies have been able to just ramp 73 00:03:58,800 --> 00:04:03,120 Speaker 2: up production with bigger birds faster to market. You can 74 00:04:03,160 --> 00:04:05,720 Speaker 2: get a bird to market now in about seven weeks 75 00:04:06,000 --> 00:04:08,600 Speaker 2: and it's twice as big as it was in the 76 00:04:08,640 --> 00:04:11,400 Speaker 2: twenties and thirties. So a lot of it is just 77 00:04:11,760 --> 00:04:12,640 Speaker 2: a supply thing. 78 00:04:13,440 --> 00:04:15,320 Speaker 3: Yeah, And if you look at the beef industry, I mean, 79 00:04:15,360 --> 00:04:19,600 Speaker 3: it was the dominant meat consumption industry in America for decades. 80 00:04:20,160 --> 00:04:22,400 Speaker 3: The consumption pattern goes up and up and up until 81 00:04:22,400 --> 00:04:25,880 Speaker 3: the seventies when the US government for the first time 82 00:04:25,960 --> 00:04:29,600 Speaker 3: puts out these nutritional guidelines, and what they basically say 83 00:04:29,680 --> 00:04:34,240 Speaker 3: is Americans should eat less red meat, eat less beef 84 00:04:34,360 --> 00:04:38,200 Speaker 3: to reduce the risk of heart disease, and also eat 85 00:04:38,279 --> 00:04:42,960 Speaker 3: more chicken and fish. That reverberates across the country. Doctors 86 00:04:43,000 --> 00:04:45,680 Speaker 3: across the country tell their patients, if you want to 87 00:04:45,720 --> 00:04:47,320 Speaker 3: be healthy, this is what you should do. You should 88 00:04:47,360 --> 00:04:50,560 Speaker 3: eat less beef and eat more chicken and fish. So 89 00:04:50,640 --> 00:04:52,320 Speaker 3: that has a big effect on beef, and if you 90 00:04:52,320 --> 00:04:55,080 Speaker 3: look at the per capito of consumption, it basically starts 91 00:04:55,160 --> 00:04:59,400 Speaker 3: tailing off almost immediately after these guidelines come out. And 92 00:04:59,480 --> 00:05:02,000 Speaker 3: so then the next thing that happens is processed food 93 00:05:02,320 --> 00:05:05,120 Speaker 3: sort of booms. Chickens an obvious cannon for processed food. 94 00:05:05,160 --> 00:05:08,000 Speaker 3: It's cheap, it's relatively blands, a lot of people like it, 95 00:05:08,600 --> 00:05:20,400 Speaker 3: and things take off, and processed food we get chicken McNuggets, 96 00:05:16,000 --> 00:05:24,680 Speaker 3: happy and barbecue, we get chicken fingers, we get all 97 00:05:24,680 --> 00:05:28,080 Speaker 3: the things that we have now in chicken. So you 98 00:05:28,160 --> 00:05:30,400 Speaker 3: got the health aspect, you got the processed food, and 99 00:05:30,440 --> 00:05:32,880 Speaker 3: then the cost just keeps going down for chicken. They 100 00:05:32,880 --> 00:05:37,120 Speaker 3: figure out ways to increase automation, to make the birds bigger, 101 00:05:37,279 --> 00:05:39,280 Speaker 3: to cut down the time it takes to get them 102 00:05:39,279 --> 00:05:41,479 Speaker 3: to slaughter, and so all these things just sort of 103 00:05:41,480 --> 00:05:45,559 Speaker 3: happened in the late seventies and early eighties, and beef 104 00:05:45,560 --> 00:05:47,920 Speaker 3: starts declining and chicken just takes off, and that's where 105 00:05:47,960 --> 00:05:48,520 Speaker 3: we are today. 106 00:05:49,360 --> 00:05:51,720 Speaker 1: And lessly when that was happening, when beef was kind 107 00:05:51,760 --> 00:05:55,920 Speaker 1: of slowly riding down. The beef industry made this big 108 00:05:55,960 --> 00:06:00,880 Speaker 1: push to try to make America want to eat more 109 00:06:00,920 --> 00:06:01,479 Speaker 1: beef again. 110 00:06:01,839 --> 00:06:04,200 Speaker 2: Yeah, and the big one that I think most people 111 00:06:04,240 --> 00:06:07,000 Speaker 2: can remember is the Beef It's What's for Dinner ad. 112 00:06:10,200 --> 00:06:12,320 Speaker 7: You can have a great beef dinner and lo time 113 00:06:12,360 --> 00:06:15,039 Speaker 7: at all, well, with almost no time at all. 114 00:06:15,800 --> 00:06:17,760 Speaker 1: Beef It's What's for Dinner. 115 00:06:20,120 --> 00:06:23,440 Speaker 2: The ad really drove home the message that beef is 116 00:06:23,480 --> 00:06:27,400 Speaker 2: part of this kind of like American way of life. 117 00:06:27,800 --> 00:06:31,279 Speaker 2: It was versatile too, with everything you could flavor it 118 00:06:31,360 --> 00:06:33,919 Speaker 2: however you wanted. You could eat a Kung pal steak, 119 00:06:34,000 --> 00:06:36,600 Speaker 2: you could have burgers on the grill, you could have 120 00:06:36,920 --> 00:06:40,760 Speaker 2: a casual ribi here and there. It was a versatile 121 00:06:40,800 --> 00:06:43,760 Speaker 2: meat too, which is kind of interesting. Now arguably, I 122 00:06:43,760 --> 00:06:48,200 Speaker 2: think chicken has taken over that kind of versatility type message. 123 00:06:48,839 --> 00:06:50,640 Speaker 3: It was definitely a big marketing effort. And the Beef 124 00:06:50,680 --> 00:06:55,159 Speaker 3: Board is this sort of quasi government entity where it's 125 00:06:55,200 --> 00:06:58,760 Speaker 3: funded by each purchase of a cow. Dollar goes to 126 00:06:58,800 --> 00:07:01,640 Speaker 3: the Beef Board. And these boards exist for all different 127 00:07:01,680 --> 00:07:05,240 Speaker 3: kinds of products. They're overseen by the Department of Agriculture. 128 00:07:05,520 --> 00:07:10,200 Speaker 3: It's everything from cheese to pork, to avocados to popcorn, 129 00:07:10,520 --> 00:07:13,360 Speaker 3: and the big goal is to increase the consumption and 130 00:07:13,400 --> 00:07:16,280 Speaker 3: demand for these products, these US made products, these US 131 00:07:16,320 --> 00:07:17,080 Speaker 3: produced products. 132 00:07:18,720 --> 00:07:20,760 Speaker 1: Well, what's really interesting about the Beef Board too, is 133 00:07:20,840 --> 00:07:24,000 Speaker 1: like here you have the US government saying, hey, Americans, 134 00:07:24,080 --> 00:07:25,920 Speaker 1: don't eat as much meat because it's not good for you, 135 00:07:25,960 --> 00:07:30,119 Speaker 1: and then you have this quasi governmental body pushing meat, 136 00:07:30,600 --> 00:07:33,920 Speaker 1: advertising meat to the very same people. And so it 137 00:07:33,960 --> 00:07:37,680 Speaker 1: seems like the US government was giving very mixed messages 138 00:07:37,720 --> 00:07:39,800 Speaker 1: about what Americans should be eating. 139 00:07:40,400 --> 00:07:42,520 Speaker 3: Yeah, that point has been made for sure that it 140 00:07:42,560 --> 00:07:46,440 Speaker 3: seems hypocritical to say, you know, this thing is potentially 141 00:07:46,440 --> 00:07:49,000 Speaker 3: bad for you, but hey, we're going to create this 142 00:07:49,120 --> 00:07:53,200 Speaker 3: entity that will fund campaigns and commercials and you know, 143 00:07:53,360 --> 00:07:55,960 Speaker 3: educational programs to get people more interested in beef. 144 00:07:56,920 --> 00:08:00,360 Speaker 1: Leslie. At the same time that beef is becoming less 145 00:08:00,400 --> 00:08:02,800 Speaker 1: popular and the US government is warning people off of it, 146 00:08:02,920 --> 00:08:06,600 Speaker 1: chicken is like rising really quickly, and they too, were 147 00:08:07,000 --> 00:08:09,200 Speaker 1: really pushing to make that happen. It wasn't just like 148 00:08:09,200 --> 00:08:09,800 Speaker 1: an accident. 149 00:08:10,840 --> 00:08:11,680 Speaker 5: Yeah, that's right. 150 00:08:11,800 --> 00:08:13,720 Speaker 6: I mean a lot of it comes down to again, 151 00:08:13,800 --> 00:08:15,000 Speaker 6: that supply factor. 152 00:08:15,520 --> 00:08:21,640 Speaker 2: So these companies are breeding chickens to be bigger faster basically, 153 00:08:21,880 --> 00:08:25,400 Speaker 2: so they have giant breasts. Now it comes down to 154 00:08:25,600 --> 00:08:29,480 Speaker 2: like an animal welfare issue. Then at some point and 155 00:08:29,520 --> 00:08:32,160 Speaker 2: people are realizing this more and more that these chickens 156 00:08:32,160 --> 00:08:36,200 Speaker 2: are grown so big so quickly that they're not able 157 00:08:36,240 --> 00:08:40,160 Speaker 2: to have proper organ function and their lives are horrible. 158 00:08:40,800 --> 00:08:44,120 Speaker 2: But at the same time, this increased supply so much 159 00:08:44,200 --> 00:08:47,560 Speaker 2: so quickly it drives price down too, right, so it 160 00:08:47,640 --> 00:08:50,760 Speaker 2: kind of becomes the obvious protein choice for people in 161 00:08:50,800 --> 00:08:51,800 Speaker 2: the grocery store. 162 00:08:53,320 --> 00:08:55,200 Speaker 3: Yeah, and if you look at restaurants, I mean the 163 00:08:55,200 --> 00:08:57,800 Speaker 3: hottest thing in restaurants is chicken. And we have the 164 00:08:57,840 --> 00:08:59,720 Speaker 3: fried chicken sandwich, wars. 165 00:09:00,000 --> 00:09:02,720 Speaker 1: Guys New Buffalo Rans chicken sandwiches, get or sells things up. 166 00:09:03,360 --> 00:09:07,679 Speaker 5: Yeah, tainly McDonald's spicy Crispy chicken sandwich donald. 167 00:09:08,760 --> 00:09:10,839 Speaker 8: The choice is yours, the hoard yourself with any of 168 00:09:10,920 --> 00:09:13,560 Speaker 8: the all new Royal Chrisby chicken sandwiches today, all the 169 00:09:13,559 --> 00:09:14,400 Speaker 8: Egburger key. 170 00:09:15,040 --> 00:09:17,400 Speaker 3: And a lot of that is because won the price. 171 00:09:17,440 --> 00:09:20,440 Speaker 3: But also it's like chicken can be put into anything. 172 00:09:20,960 --> 00:09:23,240 Speaker 3: That's another advantage that it has over beef and beef 173 00:09:23,360 --> 00:09:25,000 Speaker 3: you know, through its marketing and some of the other things. 174 00:09:25,080 --> 00:09:27,560 Speaker 3: Is trying to lessen that gap and say like, hey, 175 00:09:27,559 --> 00:09:30,320 Speaker 3: we're versattle too, but chicken still dominates in that respect 176 00:09:30,360 --> 00:09:30,720 Speaker 3: as well. 177 00:09:32,160 --> 00:09:34,319 Speaker 1: So here we are. We've come to this place where 178 00:09:34,440 --> 00:09:37,440 Speaker 1: chicken is just so much more popular than beef, and 179 00:09:37,960 --> 00:09:39,959 Speaker 1: you auctually have the results of a survey that kind 180 00:09:39,960 --> 00:09:42,720 Speaker 1: of explained why can you just tell us what do 181 00:09:42,760 --> 00:09:45,040 Speaker 1: people say about why they're eating so much more chicken 182 00:09:45,080 --> 00:09:45,680 Speaker 1: than they are beef? 183 00:09:45,760 --> 00:09:49,240 Speaker 6: Right now, let's start with hells right, that's one of 184 00:09:49,280 --> 00:09:51,840 Speaker 6: the biggest things in our poll. 185 00:09:51,920 --> 00:09:54,360 Speaker 2: We found that fifty eight percent of people said chicken 186 00:09:54,440 --> 00:09:58,600 Speaker 2: was healthier, seven percent said beef, about twenty three percent 187 00:09:58,640 --> 00:10:01,200 Speaker 2: said it was equal. So you can see there that 188 00:10:01,440 --> 00:10:03,520 Speaker 2: chicken has a clear advantage for health. 189 00:10:04,120 --> 00:10:07,880 Speaker 3: Yeah, and the other thing is cost. And the scary 190 00:10:07,920 --> 00:10:10,640 Speaker 3: part for beef is that beef has always sold itself 191 00:10:10,760 --> 00:10:13,280 Speaker 3: on taste and experience, and people still say in this 192 00:10:13,360 --> 00:10:16,520 Speaker 3: poll that they think beef is tastier than chicken or 193 00:10:16,520 --> 00:10:19,160 Speaker 3: the reason why they eat beef, the biggest reason is taste. 194 00:10:19,720 --> 00:10:22,160 Speaker 3: The takeaway is, I mean, that's an opportunity for beef 195 00:10:22,200 --> 00:10:25,560 Speaker 3: because people still really like beef, but they're just eating 196 00:10:25,600 --> 00:10:29,600 Speaker 3: more chicken, which is kind of the whole situation here. 197 00:10:29,640 --> 00:10:33,000 Speaker 3: Because chicken has all these advantages cost people think it's healthier. 198 00:10:33,600 --> 00:10:35,800 Speaker 3: The big question for beef is what do you do 199 00:10:35,880 --> 00:10:38,280 Speaker 3: with that opportunity because right now chicken is the one 200 00:10:38,320 --> 00:10:40,560 Speaker 3: that's narrowing the gap on taste, which is the one 201 00:10:40,600 --> 00:10:43,600 Speaker 3: advantage beef has. And if they keep narrowing the gap 202 00:10:43,640 --> 00:10:47,440 Speaker 3: on taste, that's really scary for the beef industry. 203 00:10:47,480 --> 00:10:50,520 Speaker 1: After the break, have a Second World War shifted the 204 00:10:50,559 --> 00:11:03,160 Speaker 1: American diet from beef to chicken. I want to keep 205 00:11:03,200 --> 00:11:06,040 Speaker 1: talking with Matt and Leslie in just a bit, but 206 00:11:06,120 --> 00:11:08,920 Speaker 1: first let's take a step back. Here. We're hearing all 207 00:11:08,960 --> 00:11:13,240 Speaker 1: about how popular chicken has become despite Americans' love of beef. 208 00:11:13,640 --> 00:11:17,880 Speaker 1: But when exactly did that happen and why? No one 209 00:11:17,880 --> 00:11:21,560 Speaker 1: knows better than Emmeline Rude. He's an historian and author 210 00:11:21,600 --> 00:11:25,800 Speaker 1: of the book Tastes Like Chicken, A History of America's 211 00:11:26,040 --> 00:11:28,040 Speaker 1: favorite bird. 212 00:11:28,200 --> 00:11:30,600 Speaker 4: Chicken for most of American history, which is sort of 213 00:11:30,840 --> 00:11:33,720 Speaker 4: a random bird that people had in their farmyard. They 214 00:11:33,800 --> 00:11:37,600 Speaker 4: largely kept it for eggs. Eggs are very convenient, good protein. 215 00:11:38,160 --> 00:11:41,280 Speaker 4: Chickens conveniently lay a lot of them repeatedly, so it 216 00:11:41,320 --> 00:11:44,079 Speaker 4: was great to have chickens around, people rarely ate them 217 00:11:44,120 --> 00:11:46,400 Speaker 4: because a then if you killed all your chickens, you 218 00:11:46,440 --> 00:11:49,880 Speaker 4: would not have eggs anymore. And also, it's just very 219 00:11:49,880 --> 00:11:52,280 Speaker 4: hard to keep large flocks of chickens for the purpose 220 00:11:52,280 --> 00:11:56,360 Speaker 4: of meat. Before modern veterinary science, chickens had a lovely 221 00:11:56,440 --> 00:12:00,600 Speaker 4: tendency to just die in any sort of large flock. Basically, 222 00:12:00,640 --> 00:12:04,080 Speaker 4: for most of American history, chicken was just this rare, 223 00:12:04,160 --> 00:12:06,920 Speaker 4: luxury food that maybe you'd have once a week, the 224 00:12:06,960 --> 00:12:08,960 Speaker 4: famous roast chicken on Sundays. 225 00:12:09,920 --> 00:12:12,479 Speaker 1: So what changed that over the course. 226 00:12:12,240 --> 00:12:13,280 Speaker 5: Of the twentieth century. 227 00:12:13,840 --> 00:12:18,880 Speaker 4: Firstly, veterinarians and breeders and farmers solved the problem of 228 00:12:18,920 --> 00:12:21,000 Speaker 4: the fact that chickens would always die. I mean, they're 229 00:12:21,080 --> 00:12:24,320 Speaker 4: vaccinated for disease. They were kept in enclosed spaces that 230 00:12:24,360 --> 00:12:29,040 Speaker 4: prevented the transfer of avian flues. They also discovered vitamin D, 231 00:12:29,240 --> 00:12:32,400 Speaker 4: so when you keep animals inside without light, they'll to 232 00:12:32,440 --> 00:12:36,120 Speaker 4: develop what is called rickets, so joint issues. So when 233 00:12:36,160 --> 00:12:38,360 Speaker 4: they figured that if you could supplement chickens with vitamin D, 234 00:12:38,480 --> 00:12:40,680 Speaker 4: they could keep them indoors. Thus you can have a 235 00:12:40,720 --> 00:12:44,360 Speaker 4: factory farm chickens in a shed. This is the course 236 00:12:44,400 --> 00:12:46,320 Speaker 4: of the early part of the twentieth century, and so 237 00:12:46,559 --> 00:12:48,720 Speaker 4: in the nineteen twenties you get the birth of actually 238 00:12:49,120 --> 00:12:52,440 Speaker 4: chicken oriented farms, so farmers just with the purpose of 239 00:12:52,440 --> 00:12:53,720 Speaker 4: growing chickens for markets. 240 00:12:55,480 --> 00:13:00,320 Speaker 1: During World War Two is really when chickens started to 241 00:13:00,559 --> 00:13:02,520 Speaker 1: come forward in American's diets. 242 00:13:02,559 --> 00:13:06,240 Speaker 5: Why was that so Initially it was rationing. 243 00:13:06,360 --> 00:13:09,000 Speaker 4: So as part of the war effort, US government thought 244 00:13:09,000 --> 00:13:10,560 Speaker 4: that the only thing that they needed to feed to 245 00:13:10,600 --> 00:13:13,360 Speaker 4: their fighting men was red meat, and they also sent 246 00:13:13,440 --> 00:13:15,680 Speaker 4: a huge amount of red meat abroad to help the Allies. 247 00:13:16,080 --> 00:13:18,800 Speaker 5: And so red meat was rationed. 248 00:13:18,600 --> 00:13:21,120 Speaker 7: Americans not in the armed forces. We'll get less of 249 00:13:21,160 --> 00:13:24,880 Speaker 7: the common foods to which they are accustomed. But by rationing, 250 00:13:25,600 --> 00:13:28,880 Speaker 7: by sharing what we have and by using our food 251 00:13:28,880 --> 00:13:32,880 Speaker 7: supply wisely, our nation at war can still support our healthy, 252 00:13:33,040 --> 00:13:33,840 Speaker 7: active people. 253 00:13:34,760 --> 00:13:36,880 Speaker 4: And so initially chicken was not and so people were 254 00:13:36,960 --> 00:13:38,720 Speaker 4: very excited about eating chicken. There was a huge growth 255 00:13:38,760 --> 00:13:42,000 Speaker 4: in chicken production, huge growth in chicken consumption. By the 256 00:13:42,080 --> 00:13:43,680 Speaker 4: end of the war, there was so much demand for 257 00:13:43,760 --> 00:13:46,240 Speaker 4: meat that chicken was actually rationed as well and taken 258 00:13:46,280 --> 00:13:47,160 Speaker 4: by the US government. 259 00:13:47,640 --> 00:13:51,560 Speaker 5: But that initial period really marked a huge growth in 260 00:13:51,600 --> 00:13:52,240 Speaker 5: chicken productions. 261 00:13:52,240 --> 00:13:54,960 Speaker 4: There was a huge investment in it, which probably in 262 00:13:55,000 --> 00:13:57,040 Speaker 4: turn sparked the reason why the US government was so 263 00:13:57,120 --> 00:14:00,480 Speaker 4: concerned at the end of World War Two that the 264 00:14:00,559 --> 00:14:03,600 Speaker 4: chicken economy just sort of plummeted. So they had all 265 00:14:03,600 --> 00:14:06,800 Speaker 4: this money invested, so many people who worked in the industry, 266 00:14:07,160 --> 00:14:09,160 Speaker 4: and so when the war economy ended, they were obviously 267 00:14:09,240 --> 00:14:14,240 Speaker 4: concerned about said industry, thus giving all of this technical, 268 00:14:14,320 --> 00:14:18,040 Speaker 4: agricultural all this research knowledge to the chicken firms. The 269 00:14:18,080 --> 00:14:22,120 Speaker 4: post World War two period, these farms just exploded. They 270 00:14:22,160 --> 00:14:26,680 Speaker 4: became these massive vertically integrated chicken firms, so vertical integrations 271 00:14:26,800 --> 00:14:30,120 Speaker 4: essentially they just own the entire process of making a chicken, 272 00:14:30,200 --> 00:14:32,680 Speaker 4: so from egg to slaughter. These are the big firms 273 00:14:32,760 --> 00:14:35,400 Speaker 4: like Tyson Foods, which I'm sure everyone who eats chicken 274 00:14:35,400 --> 00:14:35,840 Speaker 4: has heard of. 275 00:14:37,400 --> 00:14:40,720 Speaker 5: You also get this huge advances in breeding. A lot 276 00:14:40,720 --> 00:14:42,200 Speaker 5: of it was driven by the US government. 277 00:14:42,280 --> 00:14:44,880 Speaker 4: There was this, I find quite hilarious program called the 278 00:14:44,960 --> 00:14:46,280 Speaker 4: Chicken of Tomorrow Contests. 279 00:14:46,400 --> 00:14:47,480 Speaker 5: Right after World War Two. 280 00:14:47,800 --> 00:14:50,040 Speaker 9: The committee made plans for a series of state and 281 00:14:50,160 --> 00:14:55,080 Speaker 9: regional Chicken of Tomorrow contests, end with a national contest 282 00:14:55,120 --> 00:14:58,680 Speaker 9: in June nineteen forty eight, A and p all for 283 00:14:58,840 --> 00:14:59,800 Speaker 9: ten thousand dollars in. 284 00:15:01,440 --> 00:15:03,760 Speaker 7: Five thousand dollars for the national champion. 285 00:15:05,040 --> 00:15:08,720 Speaker 4: The ultimate aim was to produce chickens with large breasts. 286 00:15:09,480 --> 00:15:11,920 Speaker 4: This is the era of barbecue culture. They wanted to 287 00:15:12,080 --> 00:15:14,040 Speaker 4: find a part of the chicken that could beat with 288 00:15:14,120 --> 00:15:16,920 Speaker 4: a steak with a pork chop on the grill the 289 00:15:17,000 --> 00:15:20,440 Speaker 4: every American could enjoy. And the winner of that contest 290 00:15:20,520 --> 00:15:23,320 Speaker 4: is actually the ancestor of the majority of the chickens 291 00:15:23,320 --> 00:15:24,040 Speaker 4: that we eat today. 292 00:15:24,040 --> 00:15:27,920 Speaker 5: So it had a huge, huge effect on breeding. Combined 293 00:15:27,960 --> 00:15:28,520 Speaker 5: with this with. 294 00:15:28,520 --> 00:15:31,560 Speaker 4: Huge discoveries and nutrition, namely the fact that corn, soy 295 00:15:31,600 --> 00:15:34,720 Speaker 4: and antibiotics were basically chicken super fuel, and then you 296 00:15:34,760 --> 00:15:39,000 Speaker 4: get a massive explosion in chicken productivity and later on 297 00:15:39,160 --> 00:15:41,360 Speaker 4: a massive growth in chicken eating. 298 00:15:41,920 --> 00:15:45,880 Speaker 1: So one of the names we tend to associate with 299 00:15:46,280 --> 00:15:50,200 Speaker 1: the rise of chicken and this change of people's attitude 300 00:15:50,280 --> 00:15:54,080 Speaker 1: toward chicken was Frank Purdue. Can you tell us about 301 00:15:54,120 --> 00:15:57,080 Speaker 1: him and why he was so important to changing the 302 00:15:57,080 --> 00:15:58,520 Speaker 1: way Americans think about chicken. 303 00:16:00,120 --> 00:16:02,760 Speaker 4: Yeah, So, Frank Purdue his family were chicken farmers. They 304 00:16:02,800 --> 00:16:06,160 Speaker 4: owned a farm in Maryland. He inherited the farm sometime 305 00:16:06,160 --> 00:16:08,760 Speaker 4: in the middle of the century. His innovation was that 306 00:16:08,880 --> 00:16:13,200 Speaker 4: he basically branded chicken. He went on TV and sold 307 00:16:13,520 --> 00:16:14,800 Speaker 4: his brand of Purdue Chicken. 308 00:16:15,000 --> 00:16:15,560 Speaker 1: I thought my. 309 00:16:15,560 --> 00:16:18,280 Speaker 10: Purdue fresh carny scheme, he was tender like no rock 310 00:16:18,320 --> 00:16:20,640 Speaker 10: cornish game Hen. So I decided to see if I 311 00:16:20,800 --> 00:16:23,880 Speaker 10: was right. I had my fresh cornish scheme in tested 312 00:16:23,920 --> 00:16:27,800 Speaker 10: it against all the frozen competition and found my cornish 313 00:16:28,040 --> 00:16:31,800 Speaker 10: is at least forty more tender than any of them. 314 00:16:32,680 --> 00:16:35,320 Speaker 10: If you thought a frozen rocke cornish game Hen made 315 00:16:35,320 --> 00:16:37,800 Speaker 10: good eating, way do you taste the one? It doesn't 316 00:16:37,840 --> 00:16:39,040 Speaker 10: come frozen like a rock. 317 00:16:39,960 --> 00:16:43,760 Speaker 4: His big innovation was making this mass commodity into a 318 00:16:44,120 --> 00:16:46,120 Speaker 4: product of a brand name, and a result, he could 319 00:16:46,160 --> 00:16:49,520 Speaker 4: sell it for higher prices. So, starting in the nineteen 320 00:16:49,560 --> 00:16:55,160 Speaker 4: seventies is when Purdue comes out as America's favorite chicken producer. 321 00:16:55,440 --> 00:16:57,520 Speaker 1: And will be so special about his ads because I 322 00:16:57,560 --> 00:16:59,560 Speaker 1: remember even as a kid, they were everywhere. 323 00:17:00,440 --> 00:17:03,920 Speaker 5: People really connected with him. Just as a spokesperson. 324 00:17:04,000 --> 00:17:06,120 Speaker 4: I read a lot of articles about him, and half 325 00:17:06,160 --> 00:17:08,120 Speaker 4: the people are calling him a huckster. Half the people 326 00:17:08,160 --> 00:17:11,040 Speaker 4: are calling him sort of America's darling. I think he 327 00:17:11,160 --> 00:17:13,280 Speaker 4: was just very honest. He was very frank. He often 328 00:17:13,320 --> 00:17:15,720 Speaker 4: told people to call him if there were issues with 329 00:17:15,760 --> 00:17:16,720 Speaker 4: their chicken. 330 00:17:17,000 --> 00:17:20,000 Speaker 10: If you're not completely satisfied, write me and I'll give 331 00:17:20,000 --> 00:17:20,720 Speaker 10: you your money back. 332 00:17:23,119 --> 00:17:26,080 Speaker 1: The other big trend I suppose is the chicken nugget 333 00:17:26,160 --> 00:17:30,919 Speaker 1: and really the rise of fast food embracing chicken and 334 00:17:30,960 --> 00:17:35,360 Speaker 1: increasing demand. How important has fast food been to changing 335 00:17:35,359 --> 00:17:36,080 Speaker 1: the way people eat? 336 00:17:36,119 --> 00:17:39,320 Speaker 4: The more chicken people eat, I think it has really 337 00:17:40,000 --> 00:17:42,560 Speaker 4: promoted chicken consumption to obscene levels. 338 00:17:42,880 --> 00:17:44,399 Speaker 5: I mean, it's ironic because most people. 339 00:17:44,440 --> 00:17:47,080 Speaker 4: They had all these consumer reports in the nineteen eighties 340 00:17:47,119 --> 00:17:50,320 Speaker 4: asking people why they're eating more chicken, and they'd always 341 00:17:50,320 --> 00:17:52,600 Speaker 4: say for health reasons, for health reasons, this is a 342 00:17:52,640 --> 00:17:56,120 Speaker 4: healthier option. And then they had corresponding surveys to see 343 00:17:56,119 --> 00:17:58,920 Speaker 4: what chicken products people were actually eating, and the number 344 00:17:58,960 --> 00:18:02,800 Speaker 4: one products were chicken nuggets and fried chicken. Fast food 345 00:18:03,080 --> 00:18:05,480 Speaker 4: definitely was bolstered by this wave of chicken being the 346 00:18:05,520 --> 00:18:06,520 Speaker 4: new healthy product. 347 00:18:06,840 --> 00:18:08,680 Speaker 5: And it also helped that chicken is. 348 00:18:08,960 --> 00:18:12,280 Speaker 4: A food that doesn't really have any religious bands on it. 349 00:18:12,280 --> 00:18:14,000 Speaker 5: It's not like pork, where a lot of people see 350 00:18:14,000 --> 00:18:14,680 Speaker 5: it as unclean. 351 00:18:15,760 --> 00:18:20,320 Speaker 1: So Emmelyn, where do you think the industry goes from here? 352 00:18:20,920 --> 00:18:24,800 Speaker 4: Honestly, I've been asked this question a lot, mainly people 353 00:18:24,920 --> 00:18:27,240 Speaker 4: hoping that we'll have a lovely food system with all 354 00:18:27,280 --> 00:18:28,600 Speaker 4: local farmers and everyone. 355 00:18:28,359 --> 00:18:29,200 Speaker 5: Will be very happy. 356 00:18:29,440 --> 00:18:33,080 Speaker 4: But I honestly think the chicken industry will just continue 357 00:18:33,080 --> 00:18:35,720 Speaker 4: to grow because, I mean, chicken comes in this very 358 00:18:35,800 --> 00:18:38,159 Speaker 4: unique place in our modern discourse. So obviously beef and 359 00:18:38,200 --> 00:18:41,160 Speaker 4: pork are getting a lot of flack for their environmental impact. 360 00:18:41,760 --> 00:18:44,119 Speaker 4: Chicken does have its own environmental impact, but it's not 361 00:18:44,240 --> 00:18:46,399 Speaker 4: quite to the same level as beef and pork, so 362 00:18:46,400 --> 00:18:50,959 Speaker 4: it's kind of avoids all of those environmental issues. It 363 00:18:50,960 --> 00:18:54,080 Speaker 4: also avoids all of the health issues going against it, 364 00:18:54,119 --> 00:18:56,320 Speaker 4: again the saturated fats of red meat, so it has 365 00:18:56,359 --> 00:18:59,119 Speaker 4: that going for it. Also, I don't think there's quite 366 00:18:59,160 --> 00:19:01,919 Speaker 4: as much public sympathy for chicken. I know a lot 367 00:19:01,960 --> 00:19:04,560 Speaker 4: of animal welfare activists sea chickens as their number one 368 00:19:04,600 --> 00:19:06,920 Speaker 4: priority to end animal suffering. They want to end the 369 00:19:07,000 --> 00:19:09,760 Speaker 4: chicken industry, but I think in the broader general public 370 00:19:09,840 --> 00:19:13,920 Speaker 4: people don't really care so much about chickens. 371 00:19:14,480 --> 00:19:15,280 Speaker 5: So honestly, I just. 372 00:19:15,200 --> 00:19:18,960 Speaker 4: See the chicken industry growing bigger, expanding abroad, producing ever 373 00:19:19,040 --> 00:19:19,960 Speaker 4: more chicken. 374 00:19:19,760 --> 00:19:24,600 Speaker 5: At ever more low prices. Endless chicken is what I 375 00:19:24,680 --> 00:19:26,560 Speaker 5: predict Emmelin Rude. 376 00:19:27,040 --> 00:19:28,639 Speaker 1: Thanks so much for speaking with me today. 377 00:19:29,160 --> 00:19:30,560 Speaker 5: Yeah, thank you so much for having me. 378 00:19:32,040 --> 00:19:36,240 Speaker 1: When we return. Matt Townsend and Leslie Patten on how 379 00:19:36,280 --> 00:19:48,760 Speaker 1: the beef industry is trying to make a comeback. So, Leslie, 380 00:19:48,800 --> 00:19:51,159 Speaker 1: is there anything that the beef industry can actually do 381 00:19:51,359 --> 00:19:54,159 Speaker 1: to balance the scales? Chicken was able to kind of 382 00:19:54,160 --> 00:19:57,240 Speaker 1: reinvent itself. Is beef trying to reinvent itself? 383 00:19:57,800 --> 00:20:01,119 Speaker 2: Well, the Beef Board, the Beef checkof that does a 384 00:20:01,119 --> 00:20:04,159 Speaker 2: lot of the marketing for the industry. They're really targeting 385 00:20:04,840 --> 00:20:08,280 Speaker 2: right now. It seems like millennials and that's a big 386 00:20:08,280 --> 00:20:11,600 Speaker 2: demographic obviously, with a lot of spending power, and a 387 00:20:11,600 --> 00:20:14,480 Speaker 2: lot of these people are parents, and the beef industry 388 00:20:14,560 --> 00:20:18,720 Speaker 2: realizes that they have this ad campaign it's called Beef 389 00:20:18,840 --> 00:20:22,399 Speaker 2: in the Early Years, and it basically says, you should 390 00:20:22,440 --> 00:20:25,280 Speaker 2: be giving your baby beef as young as six months old. 391 00:20:25,359 --> 00:20:28,639 Speaker 8: We want to give our babies the best experts agree 392 00:20:28,840 --> 00:20:32,840 Speaker 8: the iron, zinc, coaline, and high quality protein packed into 393 00:20:32,880 --> 00:20:35,960 Speaker 8: every bite of beef supports the fast growing bodies and 394 00:20:36,040 --> 00:20:38,520 Speaker 8: developing brains of babies and toddlers. 395 00:20:39,240 --> 00:20:43,919 Speaker 2: It's interesting because these millennial parents then they're really shaping 396 00:20:44,640 --> 00:20:49,000 Speaker 2: the diet, habits and taste preferences of their children so young. 397 00:20:49,160 --> 00:20:51,560 Speaker 2: So could this be a potential growth theory. 398 00:20:51,760 --> 00:20:54,119 Speaker 6: Maybe they really. 399 00:20:54,040 --> 00:20:57,480 Speaker 3: Want to promote that this health idea and versatility innovation 400 00:20:57,560 --> 00:20:59,400 Speaker 3: in the beef industry, there hasn't been a lot of it. 401 00:21:00,200 --> 00:21:02,760 Speaker 3: One of the successes they have had is beef jerky. 402 00:21:03,480 --> 00:21:05,080 Speaker 3: One of the things that beef has struggled in is 403 00:21:05,160 --> 00:21:09,040 Speaker 3: that it hasn't gotten into like the snack category. If 404 00:21:09,080 --> 00:21:11,280 Speaker 3: you think about chicken I mean chicken nuggets, I mean 405 00:21:11,320 --> 00:21:12,280 Speaker 3: like the perfect. 406 00:21:11,960 --> 00:21:13,359 Speaker 1: Snack, especially chicken fries. 407 00:21:13,440 --> 00:21:17,119 Speaker 3: Now that's something that the industry will point to, is like, 408 00:21:17,119 --> 00:21:19,960 Speaker 3: look what we've done with beef jerky, which has always 409 00:21:19,960 --> 00:21:21,680 Speaker 3: sort of been a thing, I mean think about slim 410 00:21:21,760 --> 00:21:23,760 Speaker 3: gems and things like that. But now it's actually there's 411 00:21:24,000 --> 00:21:26,639 Speaker 3: a decent size of a category around it. But they 412 00:21:26,680 --> 00:21:29,000 Speaker 3: need more of that. They need more sort of different 413 00:21:29,160 --> 00:21:32,680 Speaker 3: products to get beef into people's stomachs because right now 414 00:21:32,720 --> 00:21:35,439 Speaker 3: people aren't going out and eating steaks as much as 415 00:21:35,440 --> 00:21:36,760 Speaker 3: they used to and things like that. 416 00:21:38,960 --> 00:21:42,919 Speaker 1: Leslie, does chicken beef have anything to fear from plant 417 00:21:42,920 --> 00:21:43,920 Speaker 1: based meats. 418 00:21:44,240 --> 00:21:45,959 Speaker 6: As of right now? No, not really. 419 00:21:46,640 --> 00:21:49,440 Speaker 2: Plant based is just a tiny drop in the bucket 420 00:21:49,680 --> 00:21:53,000 Speaker 2: at this point. It garnered a lot of buzz and 421 00:21:53,359 --> 00:21:55,959 Speaker 2: hype and excitement when it first came out for what 422 00:21:56,000 --> 00:21:58,439 Speaker 2: it was and what it was able to do, and 423 00:21:58,480 --> 00:22:00,639 Speaker 2: I'm not trying to discount that at all, but people 424 00:22:00,760 --> 00:22:04,600 Speaker 2: just aren't buying it right now, like these big companies 425 00:22:04,680 --> 00:22:07,560 Speaker 2: like Beyond Meat Impossible foods like they thought, and a 426 00:22:07,560 --> 00:22:09,600 Speaker 2: lot of it is costs. They haven't gotten the cost 427 00:22:09,680 --> 00:22:14,000 Speaker 2: down to where it's comparable with actual meat yet. Right now, 428 00:22:14,040 --> 00:22:18,320 Speaker 2: we're all facing huge grocery price increases, our food bills 429 00:22:18,359 --> 00:22:21,800 Speaker 2: are going up, so it's hard to see people splurging 430 00:22:22,400 --> 00:22:25,560 Speaker 2: on plant based in the immediate future if they can't 431 00:22:25,600 --> 00:22:28,879 Speaker 2: get the cost down to a comparable meat level. 432 00:22:29,640 --> 00:22:31,840 Speaker 1: Matt, One thing I wanted to ask you about too, 433 00:22:31,920 --> 00:22:34,639 Speaker 1: is you know, we're talking all about beef consumption in 434 00:22:34,760 --> 00:22:37,800 Speaker 1: the US, but what about overseas? Is that a potential 435 00:22:37,920 --> 00:22:40,920 Speaker 1: for like a growth market. Chicken is really popular overseas too, 436 00:22:40,920 --> 00:22:41,720 Speaker 1: but what about beef? 437 00:22:43,000 --> 00:22:46,439 Speaker 3: It is yeah, that the beef industry actually signals that 438 00:22:46,880 --> 00:22:49,520 Speaker 3: increase the exports is sort of their biggest opportunity or 439 00:22:49,520 --> 00:22:53,359 Speaker 3: their biggest goal to increase demand for their products. Again, 440 00:22:53,400 --> 00:22:56,040 Speaker 3: the beef industry in the US is the biggest exporter 441 00:22:56,119 --> 00:22:58,960 Speaker 3: of meat in the world. The biggest markets are you know, 442 00:22:59,000 --> 00:23:03,919 Speaker 3: in Asia, it's China, It's Korea, and China looks like 443 00:23:03,960 --> 00:23:06,960 Speaker 3: obviously because the growing metal cluster, that's the biggest opportunity. 444 00:23:07,280 --> 00:23:10,000 Speaker 3: That's where the most growth has been in beef consumption globally. 445 00:23:10,560 --> 00:23:14,160 Speaker 3: But overall, beef consumption in the world is actually kind 446 00:23:14,160 --> 00:23:18,280 Speaker 3: of flat to declining, and even in some major markets 447 00:23:18,320 --> 00:23:22,080 Speaker 3: that have chuily been known as big beef eating countries 448 00:23:22,119 --> 00:23:25,800 Speaker 3: like Brazil and Argentina, beef consumption is either going down 449 00:23:25,920 --> 00:23:28,520 Speaker 3: or it's flat, and chicken, just like the US, is 450 00:23:28,560 --> 00:23:30,879 Speaker 3: sort of coming up, and I think in Argentina they 451 00:23:30,880 --> 00:23:32,679 Speaker 3: expect that maybe this year is the first year that 452 00:23:32,840 --> 00:23:35,840 Speaker 3: chicken will surpass beef, which is surprising me think about 453 00:23:35,840 --> 00:23:38,640 Speaker 3: all these South American sort of barbecues and the sort 454 00:23:38,640 --> 00:23:41,240 Speaker 3: of long tradition of barbecues and beef in those countries. 455 00:23:41,960 --> 00:23:45,400 Speaker 2: China's really a big opportunity for beef and for meat 456 00:23:45,440 --> 00:23:50,080 Speaker 2: in general, because meat consumption per capita in China lags 457 00:23:50,119 --> 00:23:53,400 Speaker 2: most of the Western countries, including the US, so there's 458 00:23:53,440 --> 00:23:57,119 Speaker 2: the possibility for sure of higher consumption, including of beef, 459 00:23:57,240 --> 00:24:02,160 Speaker 2: especially with urbanization and higher income levels that are making 460 00:24:02,200 --> 00:24:05,239 Speaker 2: meat more affordable for more people. But the thing is, 461 00:24:05,480 --> 00:24:08,639 Speaker 2: beef is really a distant third right now, after pork 462 00:24:08,680 --> 00:24:11,480 Speaker 2: and chicken. I mean, pork is really the dominant meat 463 00:24:12,040 --> 00:24:13,040 Speaker 2: in China. 464 00:24:12,840 --> 00:24:14,600 Speaker 6: Still and has been for a long time. 465 00:24:15,240 --> 00:24:18,880 Speaker 2: But one interesting thing I saw from a Mackensey study 466 00:24:19,160 --> 00:24:23,040 Speaker 2: is that for people in China who can afford to 467 00:24:23,119 --> 00:24:27,440 Speaker 2: pay for meat, they consider beef healthier than pork. Not 468 00:24:27,480 --> 00:24:31,480 Speaker 2: necessarily healthier than chicken, but they consider it healthier than pork. 469 00:24:31,560 --> 00:24:33,480 Speaker 2: So maybe there's room for beef to take a little 470 00:24:33,520 --> 00:24:36,280 Speaker 2: share from pork in China. 471 00:24:36,320 --> 00:24:40,280 Speaker 1: Obviously there's a lot of effort being put into trying 472 00:24:40,320 --> 00:24:44,199 Speaker 1: to either increase the popularity of chicken further or to 473 00:24:44,240 --> 00:24:47,280 Speaker 1: bring beef back up. Five years from now, ten years 474 00:24:47,320 --> 00:24:49,160 Speaker 1: from now, do you think they're going to have moved 475 00:24:49,200 --> 00:24:52,439 Speaker 1: the needle on people's tastes if. 476 00:24:52,280 --> 00:24:55,840 Speaker 2: We look out five or ten years, I think what 477 00:24:55,840 --> 00:24:58,119 Speaker 2: we're going to see as things are roughly the same 478 00:24:58,600 --> 00:25:01,760 Speaker 2: in terms of trends, right, so, chickens continuing to take 479 00:25:01,840 --> 00:25:06,119 Speaker 2: share from beef. Pork is hanging in there, probably pretty 480 00:25:06,160 --> 00:25:06,880 Speaker 2: stable like. 481 00:25:06,880 --> 00:25:07,879 Speaker 6: Where it has been. 482 00:25:08,440 --> 00:25:11,760 Speaker 2: You know one area that could change that is potentially 483 00:25:11,800 --> 00:25:15,359 Speaker 2: if beef comes up with some great innovation or really 484 00:25:15,440 --> 00:25:19,200 Speaker 2: hops on that protein trend that it's kind of forgot about, 485 00:25:19,280 --> 00:25:22,440 Speaker 2: forgot to advertise itself as high protein during all these 486 00:25:22,480 --> 00:25:26,199 Speaker 2: high protein diet trends. That could help the industry. But 487 00:25:26,280 --> 00:25:29,280 Speaker 2: it's hard to see these trends changing too much. But 488 00:25:29,359 --> 00:25:31,480 Speaker 2: that being said, if they come up with the new 489 00:25:31,520 --> 00:25:34,800 Speaker 2: beef jerky, maybe we'll see that change. 490 00:25:34,880 --> 00:25:37,200 Speaker 1: Leslie Matt, thanks so much for coming on the show. 491 00:25:37,720 --> 00:25:39,760 Speaker 6: Thanks for thinking of us, Thank you. 492 00:25:41,160 --> 00:25:43,000 Speaker 1: Thanks for listening to us Here at The Big Take. 493 00:25:43,080 --> 00:25:46,240 Speaker 1: It's a daily podcast from Bloomberg and iHeartRadio. For more 494 00:25:46,280 --> 00:25:50,159 Speaker 1: shows from iHeartRadio, visit the iHeartRadio app, Apple Podcasts, or 495 00:25:50,200 --> 00:25:52,960 Speaker 1: wherever you listen, and we'd love to hear from you. 496 00:25:53,040 --> 00:25:56,400 Speaker 1: Email us questions or comments to Big Take at Bloomberg 497 00:25:56,400 --> 00:25:59,600 Speaker 1: dot net. The supervising producer of The Big Take is 498 00:25:59,680 --> 00:26:04,320 Speaker 1: Vicky Bergolina. Our senior producer is Catherine Fink. Federica Romanello 499 00:26:04,520 --> 00:26:09,199 Speaker 1: is our producer. Our associate producer is Zenobsidiki. Raphael M. 500 00:26:09,200 --> 00:26:12,840 Speaker 1: Seeley is our engineer. Our original music was composed by 501 00:26:12,920 --> 00:26:16,280 Speaker 1: Leo Sidrin. I'm West Kasova. We'll be back on Monday 502 00:26:16,400 --> 00:26:18,880 Speaker 1: with another big take. Have a great weekend.