Reading Time: < 1 minute MarketsFarm — Canadian pea exports are running ahead of the year-ago level, with China the main buyer, according to the latest Canadian Grain Commission (CGC) data. Total pea exports tracked by the commission, at 1.12 million tonnes during the first 12 weeks of the 2020-21 crop year, are up 34 per cent compared to the […] Read more
Pulse weekly outlook: Pea exports up on year, China a key buyer
Pulse weekly outlook: Roquette plant now contracting organic yellow peas
Pricing to be at 'sustainable' level for growers
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
Pulse weekly outlook: Above-average year for yellow, green peas
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
Plant-based protein maker Roquette sees short-term COVID-19 impact
Demand could accelerate second Canadian plant
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
Pulse weekly outlook: Peas, lentils see some strength
Lentil trade watching India
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
Bunge buys into canola, pea protein maker Merit
Agribusiness giant takes quarter stake in processor
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
Nestle launching pea-based vegan alternative to tuna
'Vuna' going first to Swiss supermarkets
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
Plant-protein processor’s new processing plant gets grant
Feds, province put up cash for new equipment
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
Pea crops strong, but prices falter
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
Beyond Meat lines up Canadian patty co-packer
U.S. company launches 'latest iteration' of burger line
Reading Time: 2 minutes One of the names tied closest to the plant protein-based meat substitute sector has enlisted an unnamed Quebec operation to make its beef-similar patties for the Canadian retail market. Los Angeles-based Beyond Meat on Wednesday launched the “latest iteration” of its flagship Beyond Burger, billed as “produced locally at a co-manufacturing facility in Canada” and […] Read more
A message from April Stewart, Country Guide's Associate Editor
