GFM Network News





Pulse weekly outlook: Fababeans staying on field

MarketsFarm — As other crops make their way into the bin, fababeans across the Prairies are lagging behind. “They’re further behind this year because they were later going in,” said Dale McManus, a broker with Johnston Grains at Welwyn, Sask. Saskatchewan grows over half of Canada’s fababeans, and most are grown around the Yorkton area, […] Read more

Pulse weekly outlook: Large Canadian crops expected

MarketsFarm — Canada will have grown a record-large pea crop in 2020 and possibly the second-largest lentil crop ever, according to preliminary estimates from Statistics Canada, released Monday. Using satellite imagery and model-based yield estimates, the government agency pegged the 2020-21 Canadian field pea crop at 4.996 million tonnes. That would be a new record […] Read more


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

Pulse weekly outlook: Harvest activity pressures lentils

MarketsFarm — With harvest activity beginning across most of the Prairies, pulse prices are experiencing typical harvest pressure. About 20 per cent of the lentil crop has been harvested in Saskatchewan, according to the province’s crop report from Thursday. The west-central region lagged furthest behind the province’s average rate, with just seven per cent of […] Read more


Nestle launching pea-based vegan alternative to tuna

'Vuna' going first to Swiss supermarkets

Zurich | Reuters — Food giant Nestle is launching a new plant-based tuna alternative in Switzerland this month ahead of a global rollout, hoping that consumers eating at home during the COVID-19 pandemic will stay eager to try new products. Known for Maggi soups and bouillon cubes, Nestle has been investing in plant-based food to […] Read more



Plant-protein processor’s new processing plant gets grant

Feds, province put up cash for new equipment

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