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
Plant-protein processor’s new processing plant gets grant
Feds, province put up cash for new equipment
Starbucks plans plant-based breakfast sandwich
Reuters — Starbucks Corp. said Tuesday it would introduce a breakfast sandwich this year with a plant-based patty in Canada and the United States. The coffee chain said last week it aims to add more plant-based food and drinks to its menu as part of the company’s latest plan to become more environmentally friendly. A […] Read more
Tim Hortons pulls Beyond Meat products from Ontario, B.C.
Reuters — Restaurant Brands International’s Tim Hortons said on Tuesday it has removed Beyond Meat’s products from its coffee and donut shops in Ontario and British Columbia. This comes after the coffee and breakfast chain cut Beyond Meat’s burgers and sandwiches from its menu in September from all of Canada except the two provinces. “We […] Read more
Rising protein demand expected in 2020
Canada able to serve both plant- and animal-based protein markets
MarketsFarm — Demand for plant- and animal-based proteins alike is likely to increase in the coming year. Since 2017, pea protein demand increased by about 13 per cent, Craig Klemmer, chief agriculture economist at Farm Credit Canada, said at Ag Days in Brandon, Man. Over the same time period, demand for canola protein increased by […] Read more
Grain World: Opportunities great for Canadian pulses, AGT CEO says
Saskatoon | MarketsFarm — To Murad Al-Katib, the opportunities for Canadian pulse exports to India are amazing, provided one correctly understands the context of India’s tariffs on pulses. Also, he said, those Canadian exporters must realize they need to switch from being solely dependent on commodities to adding value by shipping food and ingredients. “We […] Read more
Impossible Whoppers contaminated by meat, suit claims
Reuters — Burger King was sued on Monday by a vegan customer who accused the fast-food chain of contaminating its meatless “Impossible” Whoppers by cooking them on the same grills as its traditional meat burgers. In a proposed class action, Phillip Williams said he bought an Impossible Whopper, a plant-based alternative to Burger King’s regular […] Read more
Feed weekly outlook: Prairie grain market finding a bottom
MarketsFarm — The western Canadian feed grain market is showing signs of finding a bottom, as buyers wait to get a better handle on the quality of grain still unharvested across the Prairies. Feed barley is currently trading at around $200 per tonne in southern Alberta, while feed wheat bids are around $210, according to […] Read more
As harvest drags on, malt barley quality uncertain
MarketsFarm — The quality of Canada’s 2019-20 barley crop remains to be seen, as cool and wet harvest conditions across much of the Prairies are raising concerns over how much will meet malt specifications. “We’ll lose a lot of malting barley this year, because of the weather,” said Peter Watts, managing director of the Canadian […] Read more
The news is not good — but it will get better, say market analysts
Harvest is one of the worst times to look for good news in wheat markets, but prices should soon rally
Reading Time: 3 minutes It’s not hard to find bad news these days when it comes to wheat markets. Recent news stories include the USDA surprising analysts by raising its production forecast (by 59 million bushels), European wheat fields coming through a record-breaking heat wave in fine shape, and the threat from Black Sea producers continuing to rise. (For […] Read more
Cargill quarterly profit drops on trade tensions, U.S. floods
Chicago | Reuters — Global commodities trader Cargill reported a 41 per cent drop in adjusted quarterly profit on Thursday, citing supply disruptions stemming from the U.S.-China trade war and also flooding in the central United States that hit marketing and transportation of grains and livestock. Cargill, the largest privately held U.S. company, said adjusted […] Read more
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