Update 02.032: We have added a new slider to the graphics options for grass density. This will adjust how much grass is generated in the world, or turn grass off completely to improve frame rates. Additionally, we have enabled moving food items from the inventory screen to the toolbar for easier access. Items on the toolbar can now be rearranged while in the G menu or the inventory screen. Moreover, we have added the capability to separate inventory items within your inventory by holding shift while dragging them. There are also buttons in the K menu that can remove gatherables and loose resources from the world. These, along with removing fractures, can be used on dedicated servers as well for improving performance.
https://www.youtube.com/watch?v=QEdsIoS6ngg
Full list of new features and fixes: http://forum.keenswh.com/threads/7367015/