Global agribusiness giant adds additional plant protein power to its portfolio.
ADM is buying Canadian pulse crop processor Prairie Pulse Inc. as the Chicago-based agribusiness responds to growing demand for plant protein used in alt-meat.
Prairie Pulse’s operations in Vanscoy, Saskatchewan, include origination, 12,000 metric tons of bulk storage, cleaning, milling, sorting sizing and bagging, and will double ADM’s pulse footprint in the region, according to ADM.
The…