Alternative proteins have become the rage in food processing, though there is now an argument that Americans have switched back to more traditional foods as a form of comfort during the current crisis. Alternatively, protein crops like peas should be higher in demand when traditional meat supplies become tight due to labor problems in fabrication plants.  U.S. peas are currently priced seasonally similar to last year at this time, tending to be elevated in late fall/early winter due to holidays and perhaps consumption of more stews in cold weather. U.S. pea prices reached $8.93/kg during the winter holiday period but were priced 80 percent less in late summer around harvest time. As a major supplier, Mexico’s pea prices also pea...

TAGS – Feed Grains, Livestock, North America, South America, Macroeconomics