What's wrong with animal feed?
Updated: Jun 17, 2019
At FYTO, we aim to work on problems worth solving. Why have we started with animal feed? It comes down to the sustainability (or a lack thereof) in business as usual. We've spoken to countless farmers and livestock operations managers around the world who have told us that feeding their animals is too expensive, too labor intensive, and too unpredictable to run stable, profitable operations. When farmers can't make ends meet, it becomes everyone's problem.
When we look at the sector as a whole, feeding livestock pulls a tremendous amount of our planet's resources. The UN FAO estimates that feed production and processing is responsible for nearly 10% of our species' greenhouse gas emissions and utilizes around 30% of our arable land. Farm animals are also the largest consumers of water on Earth, and the vast majority of that consumption is not due to the water these animals drink, but through the cultivation of more than 1 billion tons of feed per year.
In summary, animal feed is a giga-problem: billions of people are being affected, billions of tons of ghgs are being emitted, and hundreds of billions of dollars are being spent each year. This situation is threatening to get much worse as the demand for livestock products is expected to grow by at least 70 percent over the next 30 years. This complicated giga-problem is going to require solutions that can match the scale of feeding hundreds of millions of farm animals in literally every inhabited region of the world.
FYTO sees a tremendous opportunity to improve the economics and environmental footprint of the livestock sector by cultivating unconventional crops through innovative technological approaches. We have proven that we can grow much more feed utilizing dramatically less water, fertilizer, land, and energy than conventional feeds. We're just getting started, but we're thrilled to be working on a giga-problem with a potential giga-solution.