Plant protein demand has surged without government involvement???????

[TASFarms]

What are the processors getting for really crapy dusty red lentil screenings that are going to the states to be used for dog food?

[bucket]

What are the processors getting for really crapy dusty red lentil screenings that are going to the states to be used for dog food?

Probably more than farmers getting 17 cents a pound for reds...

[macdon02]

https://www.kleinerperkins.com/people/al-gore

https://www.bizjournals.com/sanjose/news/2019/05/02/beyond-meat-ipo-big-investors-kleiner-perkins.amp.html?__twitter_impression=true

Seems there's a little more govt involvement then meets the eye

[bucket]

Actually this is the largest acreage ever in Canada combined with a above average crop when you look across the prairies, so it is the largest pea production in Canada's history if it comes off without problems. Yes there will be some 20 bu crops but also some 60 bushel crops. Long term average is about 36 and my guess is this crop is 42 bu/ac. Similar to 2016. But, without a vessel lineup in Vancouver for peas to India it is going to get really really sloppy. Some tonnage done to China but that isn't enough to hold prices where they are today.

Reds are a similar issue. No forward sales at all and virtually none on green lentils. I have been in the special crop trade for 17 years and never seen anything like this situation.

The plant protein movement is great long term (and protien/starch fractionation in china is why we have record sales last two years, largely due to Pulse Canada work) but USA also has alot of pea acres and a big crop. Going to be a struggle for prices to even maintain where they are today until India comes in in Jan 2020 forward.

But someone the industry has a billion dollar fund to pull from and yet the primary producer get lower prices....


If the talk of protein extraction was by the good work of pulse canada they really ought to make sure the primary producer shares in the value or at least the billion dollar slush fund that may see it way to the hollywood producer...

[SASKFARMER]

Farmers profits from plant based peas less than dog food prices to the USA. It’s a ****ing joke. All who will profit are the outfits making fake meat out of our peas.