04.24.2024
Biodiesel output strong in Q2; producers start locking in Q3-Q4 sales
A second producer echoed this sentiment and said they have had to work a bit harder to secure feedstock to line it up with sales at the right time.
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…