Reading Time: 2 minutes The money has been lined up to fund a major expansion for a Winnipeg pea and canola protein processing plant that’s still being built. Merit Functional Foods Corp. announced May 4 it has secured a debt financing package of up to $85 million from “a syndicate of lenders” including Export Development Canada, Farm Credit Canada […] Read more
Plant protein processor backed for expansion
Lenders arrange up to $85 million for Merit Functional Foods
Wendy’s launches Canadian-made plant-based burger
Pea protein patty developed 'in-house,' company says
Reading Time: 2 minutes Burger chain Wendy’s has set out to meet what it says is now an “expectation” in the Canadian quick-service dining sector, with a new pulse crop-based burger. The U.S. chain’s Canadian arm on Thursday announced it has launched a plant-based burger it calls the Plantiful at its 380-plus Canadian stores, using a patty it described […] Read more
Beyond Meat locks in Roquette pea protein supply
Reading Time: 2 minutes Plant-based protein firm Roquette has been booked to “significantly” increase the amount of pea protein it provides to expansion-hungry U.S. faux-meat processor Beyond Meat in the next three years. Los Angeles-based Beyond Meat on Tuesday announced a “multi-year pea protein supply agreement” with France’s Roquette, renewing a “longstanding partnership” between the two firms. No specifics […] Read more
Limagrain to launch plant-based protein food next year
Reading Time: 2 minutes Paris | Reuters — French agricultural co-operative Limagrain on Tuesday said it is launching a new legumes business that aims to deliver plant-based food products from next year, betting on the fast-growing plant protein sector and a trend towards eating less red meat. Many large agricultural companies, including Archer Daniels Midland, Cargill and France’s Roquette […] Read more
Supercluster backs oilseed protein joint venture
Reading Time: 2 minutes A project to extract new high-protein ingredients from canola, hemp and other such crops for use in the food, feed and aquaculture markets will be the first to get funding from Canada’s plant protein supercluster. Protein Industries Canada (PIC), set up last year as one of five federally-backed research and innovation superclusters, announced Wednesday it […] Read more
Pulse weekly outlook: 2018 a challenging year
Reading Time: 3 minutes CNS Canada — It’s been a year of challenges for the Canadian pulse industry, as it struggled to survive after its largest customer all but vanished overnight — but the industry has started to grow in new ways. “It was challenging for farmers who saw a real shift in pulse prices, challenging for processors and […] Read more
Pulse weekly outlook: China/U.S. dispute could open window for peas
Reading Time: 2 minutes CNS Canada — As trade tariffs between China and the U.S. mount, so too does the potential for other countries to swoop in and plug the gap in whatever market may need filling. While U.S. soybeans are the most significant of the crops included so far in the tit-for-tat battle of proposed tariffs, it seems […] Read more
A message from April Stewart, Country Guide's Associate Editor
