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Farming Forward · January 2 · 4 min

Why Vertical Farming Is a Flawed Global Concept

The world's largest vertical farm raised over a billion dollars from investors. It shut down anyway. So did several of its biggest competitors. Vertical farming has been sold for over a decade as the future of food. This episode makes the case for why, as a global solution, it simply does not hold up. We break down the core energy economics that make vertical farming structurally expensive, why the math never works for staple crops like wheat and rice, and the string of billion dollar bankruptcies that back this up, including Plenty, Bowery Farming, AeroFarms, and more. We also look at whether the environmental case actually holds, and give fair space to the counterargument before drawing our conclusion. In this episode: Why energy costs are the fundamental flaw in the vertical farming model The cost gap that makes staple crops economically unviable Real world bankruptcies and what they reveal about the industry Whether vertical farming actually delivers environmental benefits A fair look at the counterargument and where the technology still works Follow Farming Forward for more episodes on the tools and ideas shaping the future of agriculture across Asia.

0:00-4:37

transcript

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show notes

The world's largest vertical farm raised over a billion dollars from investors. It shut down anyway. So did several of its biggest competitors. Vertical farming has been sold for over a decade as the future of food. This episode makes the case for why, as a global solution, it simply does not hold up.

We break down the core energy economics that make vertical farming structurally expensive, why the math never works for staple crops like wheat and rice, and the string of billion dollar bankruptcies that back this up, including Plenty, Bowery Farming, AeroFarms, and more. We also look at whether the environmental case actually holds, and give fair space to the counterargument before drawing our conclusion.

In this episode:
Why energy costs are the fundamental flaw in the vertical farming model
The cost gap that makes staple crops economically unviable
Real world bankruptcies and what they reveal about the industry
Whether vertical farming actually delivers environmental benefits
A fair look at the counterargument and where the technology still works

Follow Farming Forward for more episodes on the tools and ideas shaping the future of agriculture across Asia.