By Dave Sims, Commodity News Service Canada
Winnipeg, November 22 (CNS) – The rise of alternative meats like chickpea patties could impact the traditional meat industry, according to a new report by Rabobank. The document says Europe is the largest-growing market for alternative proteins and is expected to grow by eight percent annually over the next five years. It could eventually make up a third of the industry’s annual growth, according to the report. In recent years Australian dairy producers have fought to keep almond and soy alternatives from using the word “milk” on their products. That same approach could soon be tried by traditional meat producers too, according to a story by Australia’s national broadcaster.
Green pea prices in Western Canada were holding firm at C$7.00 to C$8.25 a bushel, according to the latest information from the Prairie Ag Hotwire.
Laird #1 lentils were hanging steady at 31 to 36 cents a pound, according to the Hotwire.
Kabuli chickpeas (10mm) are currently listed at 60 to 69 cents per pound.
Bids for pinto beans were hanging steady at 26.5 to 27 cents a pound.