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Veganism revives the pea industry in the United States
Peas as a generator of income is treated more and more American farmers
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The impression is that in U.S. agriculture the last time, there is nothing but bad news. The price of soybeans fell. Corn prices are also significantly below their highs, and wheat. Since China is a trade war, closed farmers access to vital market. Finally, the flooded fields due to the continuous spring rains.

In the midst of these troubles there is one positive point – the industry of production of peas is on the rise. Although farmers considered the peas as something to be planted in order to improve the crop rotation, legume suddenly appeared on the crest of a wave of vegan demand for alternative proteins, which accumulate the creators of "plant meat", such as Beyond Meat Inc. and Impossible Burger.

The price of peas has jumped partly because manufacturers of pet food are also interested in this crop. In Canada, by the way, a similar situation. More acreage withdrawn under this culture. But back in the United States.

Due to weak profitability of such crops as wheat and alfalfa, the American company Fast decided to go to the market pea with the potential of rapid growth. Prices on peas closer to 5 US dollars per bushel, compared to 2.80 dollars a few years ago.

On his farm in northeastern Montana, the pea state in the US, the company has increased the state of their bean plantations by about 20% in total.

According to Greg Vance from the firm Anchin, Block & Anchin LLP, a leader in the field of consulting of food and drinks based on vegetable raw materials of the company for decades, companies were focused only on vegans and vegetarians.

But now, even the traditional meat consumers are keenly interested in the possibility of obtaining protein from alternative sources, as evidenced by the debut of the amazing Beyond Meat. Shares of Beyond Meat has grown by about 500% since the start of trading in may.

Even the Minister of agriculture of the United States Sonny Perdue, a staunch consumer of meat, ate a veggie Burger during a recent visit to the headquarters of Impossible Foods Inc., where he stated that it is, indeed, "very good flagship product."

It seems that the producers of the peas was in the right place at the right time.

 

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Translated by service "Yandex.Translation"
Источники: АгроXXI
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