Market News

Oat milk surges to second most popular plant-based milk

Sales of oat milk rose to $213 million in the past year, making it second behind almond milk ($1.49 billion in sales). This marks an increase of 350% for refrigerated varieties and 106% for shelf-stable products. Soy milk came in at a close third place. Plant-based milks now comprise 14% of the milk category, growing […]

NY organic soybean processing factory and refinery for sale

A soybean processing facility in New York State owned by AgProSoy is for sale. The facility has produced organic soybean meal and oil. The facility uses a mechanical press extraction process rather than a hexane chemical extraction process. The factory produces a high quality animal feed ingredient for the local large dairy cow industry called […]

April organic poultry processing plummets 24% year-to-year

Numbers vary sharply from 3% conventional U.S. poultry slaughter decline The U.S. saw a “massive” reduction in organic broiler slaughter in April, creating serious implications for the rest of the organic food supply chain, according to the Monthly Market Update from Mercaris. USDA is reporting a decline of 24% year-to-year for organic poultry, a number […]

Organic food-grade prices rise while feed-grade dip

Organic grain markets diverge as feed grain prices continue to stall Prices for food- and feed-grade organic grains diverged at the end of 2019, with food-grade commodity prices enjoying a bump over last year while feed-grade prices continue to lag, according to Mercaris, a market data service and online trading platform for organic, non-GMO, and […]

PURIS pea protein receives $75 million boost from Cargill

As demand for non-GMO pea proteins, starches, and fibers grows in the burgeoning plant-based food market, the leading North American pea protein producer got a second hefty investment from Cargill. PURIS will retrofit a 200,000 square-foot facility in Dawson, Minnesota that will double its current production—while boosting local jobs and farmer profits. “This is the […]