GFM Network News


Artist’s rendering of the Merit Functional Foods plant under construction in Winnipeg. (Merit Foods graphic)

Bunge buys into canola, pea protein maker Merit

Agribusiness giant takes quarter stake in processor

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



Corteva Agriscience, which spun off from the merged Dow and DuPont in 2019, got its canola seed breeding lab and research station in Saskatoon from the Dow AgroSciences end of the merger. (Video screengrab from Corteva.ca)

Supercluster backing canola protein production

The federally-backed research and development “supercluster” set up to boost Canada’s protein industries is funding work to wring more and better proteins out of canola seed. In Saskatoon on Wednesday, federal Industry Minister Navdeep Bains announced the Protein Industries Canada (PIC) supercluster has approved a new $27.6 million project to breed high-protein canola hybrids for […] Read more

Bean burgers made with canola protein powder at Burcon’s alternative meats protein lab in Winnipeg, Manitoba, Canada August 23, 2019. Picture taken August 23, 2019. REUTERS/Shannon VanRaes

Big Ag wants a cut of booming fake-meat market

Winnipeg/Chicago | Reuters — Bunge, one the world’s biggest grain traders, recently disclosed the 1.6 per cent stake it had purchased in the fast-growing fake-meat startup Beyond Meat. The play looked smart after the stock surged more than 250 per cent since the faux burger and sausage maker’s initial public offering in May. Indeed, Beyond […] Read more