Organic meat alternatives sales are surging higher, increasing the demand and the price for organic yellow peas. Organic yellow pea prices are now near $12.25 per bushel. This price is up from $11.50 in December and approximately $8.50 in October. The rising tide of grains is lifting all boats, but it also appears that organic demand for meat alternatives is a consideration in the increasing price of organic yellow peas.
Alternative meat demand is rising, which is reflected by increasing sales. Sales at supermarkets and big-box stores across the United States increased 30% year over year in December, following a similar increase in November. For 2020, organic alternative meat sales are up 40% year over year, according to The Jacobsen. The Jacobsen believes that alternative meat…
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