One major benefit is that this encourages the switch back to grass feed from corn feed. Cattle release significantly less methane when grass fed. And anything which weakens the corn industry is a good thing.
Would this have any repercussions in food prices? (I know the answer!)
What we need is sythetic meat. It's coming. I for one can't wait.
Just eat white meat. It's mostly methane free.
I'm a leg and thigh man myself, but I do eat a ton of pork.
Still, I'd rather have fat free synthetic ham that didn't require the death of a piggy (or chicky or moocow) for me to enjoy lunch.