Originally posted by farmaholic
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Plant protein demand has surged without government involvement???????
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Originally posted by furrowtickler View PostAgree totally, just pay up . We can’t grow high quality peas for nothing at the end for us
Potash companies shut down when shit like that happens....and they get government help in the form of royalty holidays....
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Originally posted by jamesb View Postyes beyond beef has all the headlines now but this stuff in nothing new. I remember years ago at some pulse meeting that Sask pulse and pulse Canada were promoting this idea. Guys we need this terribly. When China and India buy most of our peas and lentil and they decide to take a pass. We have celiacs in the family and we buy Red lentil pasta that is actually pretty good. Long term we need to get pulse protein in a lot more products for them to bump protein, cookies, cereal, bread, etc. It will be interesting once the portage plant comes online. You have to figure they have some idea for markets for their products? Ya prices are poor, kinda knew that this spring, but wanted to keep red lentils in the rotation. I would love to see .20 cents but don't think that will happen soon unless nature does something. There is a lot of disease in the areas where they got a lot of rain in July.
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For those that benefit health wise eating it instead of meat good. I just don’t like that it’s being promoted as the replacement for livestock. And then us plant growers are being villanized also. Pretty soon they’ll develop a pill of chemicals that you won’t need to eat any food.
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Originally posted by dave4441 View PostActually 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...
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