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Peas

Crops, Markets, Peas, Pulses

Pulse weekly outlook: Strong demand supporting pea prices

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Reading Time: < 1 minute MarketsFarm — There has continued to be a strong demand for peas, as demonstrated by data from the Canadian Grain Commission. And that has been supporting price increases, according to Marlene Boersch of Mercantile Consulting Venture Inc. in Winnipeg. “The overall demand has been very, very good,” she said. In the most recent export data […] Read more
Crops, Markets, Peas

Pulse weekly outlook: Roquette plant now contracting organic yellow peas

Pricing to be at 'sustainable' level for growers

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Reading Time: 2 minutes MarketsFarm — Roquette is now contracting for conventional and organic yellow peas for its new processing plant near Portage la Prairie, Man. After construction is finished at the end of 2020, the 200,000-square foot facility will work its way up to processing 125,000 tonnes of yellow peas per year. “We will be receiving peas in […] Read more
Crops, Markets, Peas

Pulse weekly outlook: Above-average year for yellow, green peas

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Reading Time: < 1 minute MarketsFarm — It was a pretty good year for yellow and green peas, according to Allan Johnston of Johnston Grains at Welwyn, Sask. “The weather was so good and the harvest was so good. Everybody got their crops off in excellent shape,” he said. The most recent weekly crop reports from Manitoba and Saskatchewan indicated […] Read more
Crops, Markets, Peas, Reuters

Plant-based protein maker Roquette sees short-term COVID-19 impact

Demand could accelerate second Canadian plant

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Reading Time: 2 minutes Paris | Reuters — The plant-based protein market has seen a slowdown in new product launches and lower sales in restaurants and cafeterias due to COVID-19 but benefited from more people cooking at home and trying new products, French manufacturer Roquette said. The market for plant-based protein such as meat-free burgers has surged in the […] Read more
Crops, Lentils, Markets, Peas

Pulse weekly outlook: Peas, lentils see some strength

Lentil trade watching India

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Reading Time: < 1 minute MarketsFarm — Canadian pea and lentil markets have shown some post-harvest strength in recent weeks, with good offshore demand providing support. “On the yellow pea side, it’s China, and on lentils, it’s basically India,” Marcos Mosnaim, of Globeways Canada, said of the strength in both markets. Yellow peas are currently trading as high as $7.50 […] Read more
Canola, Crops, Peas

Bunge buys into canola, pea protein maker Merit

Agribusiness giant takes quarter stake in processor

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Reading Time: 2 minutes One of the world’s biggest grain companies is getting in on a processing facility under construction in Winnipeg to extract plant-based proteins from canola and peas. Winnipeg-based Merit Functional Foods announced Thursday it has received a $30 million “capital investment” from Bunge, giving the U.S. grain firm a “minority interest” worth 25 per cent. Burcon […] Read more
Crops, Peas, Reuters

Nestle launching pea-based vegan alternative to tuna

'Vuna' going first to Swiss supermarkets

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Reading Time: < 1 minute Zurich | Reuters — Food giant Nestle is launching a new plant-based tuna alternative in Switzerland this month ahead of a global rollout, hoping that consumers eating at home during the COVID-19 pandemic will stay eager to try new products. Known for Maggi soups and bouillon cubes, Nestle has been investing in plant-based food to […] Read more
Canola, Crops, Peas

Plant-protein processor’s new processing plant gets grant

Feds, province put up cash for new equipment

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Reading Time: 2 minutes The federal and Manitoba governments have added a seven-figure contribution to their support for a new facility to process plant proteins from canola and peas. Merit Functional Foods will put the additional money toward “new equipment purchases that will support the transformation of raw inputs into value-added goods.” The unspecified new technology is expected to […] Read more
Crops, Markets, Peas

Pea crops strong, but prices falter

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Reading Time: < 1 minute MarketsFarm — Pea crops across the Prairies are expected to be in good condition ahead of the harvest. “As we go along with the sunshine and heat, the pulses are coming in fairly quickly,” said Darwin Hamilton of Kalshea Commodities in Winnipeg. “Without any excess moisture, the quality should be good this year.” Pea prices […] Read more

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