MarketsFarm — As the calendar changed to 2022, there was not much movement on pulse markets — but they weren’t entirely static, according to a Saskatchewan-based broker. “Yellow and green peas have been moving (lately), but as far as lentils and others, no,” said Dale McManus, broker for Johnston’s Grain at Welwyn, Sask. He attributed […] Read more
Pulse weekly outlook: Peas, lentils may see slight movement
THE PAYOFF: Plant protein revolution may soon put money in your pockets
Calgary division of British faux meat company to issue first contracts for new high-protein pea next year
Reading Time: 6 minutes It’s being hailed as a game changer — a new high-protein yellow pea variety tailor-made for the booming plant protein market. And producers in Alberta won’t have long to wait before they can get their hands on both the new variety and, possibly, premium prices. “I think it’s fantastic news to hear that there’s investment […] Read more
Pulse weekly outlook: Pea protein in demand despite falling yields
MarketsFarm — Very few crops took more of a hit during the drought-stricken summer of 2021 than dry peas. Meanwhile, firm international demand and tightening stocks will raise pea prices even higher. According to Agriculture and Agri-Food Canada’s (AAFC) latest field crop estimates released Friday, pea production dropped 45 per cent at 2.527 million tonnes […] Read more
Plant processing advocate gets the axe
Ag minister praises Plant Protein Alliance of Alberta but then its funding gets pulled
Reading Time: 4 minutes Blindsided. That’s how Allison Ammeter felt after the province first confirmed — and then cancelled — funding for an agency set up to help attract plant-protein processing to Alberta. And the move comes just weeks after the provincial ag minister held up the Plant Protein Alliance of Alberta as a leading example of his government’s […] Read more
Plant-based near-chicken on KFC’s Canadian menu to stay
Maple Leaf's Lightlife arm to make 'Plant-Based KFC' sandwich
Updated, Aug. 18: Consumers’ response to a single-day test of plant-based near-chicken menu items in Mississauga last year has led KFC Canada to add the product, full time, to its menu nationwide. The Canadian arm of the Yum Brands-owned chicken chain announced Wednesday its ‘Plant-Based KFC’ sandwiches will be available permanently at its stores across […] Read more
Beyond Meat lines up Canadian patty co-packer
U.S. company launches 'latest iteration' of burger line
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
Pulse weekly outlook: Pandemic may pose market opportunity
MarketsFarm — Plant protein products were steadily rising in popularity before the COVID-19 pandemic set in — but that industry could also get a boost from consumers shifting away from meat in a post-pandemic world. “There’s an increased level of awareness of hygiene issues in the meat industry,” Vishal Vijay, head of business development at […] Read more
Plant protein processor backed for expansion
Lenders arrange up to $85 million for Merit Functional Foods
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
Wendy’s launches Canadian-made plant-based burger
Pea protein patty developed 'in-house,' company says
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
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
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