Will fake-meat feedlots be built and will there be a futures market for it?
The cattle business has been my lunch ticket forever, so you can imagine how horrified I was to read that Dutch scientists are working on making a lab-burger that, theoretically at least, could provide an alternative to beef. I read that a theoretical burger would cost $356,000/lb.
I can just envision placing your order at the drive-up of your favorite fast-food joint: "Yes, I would like one theoretical burger and hold the genetically modified tomato."
Then the cashier will say, "Your total will be $356,000, plus $28,480 in tax. Pay at the next window please. I put lots of ketchup in the bag because, believe me, you're gonna need it."