Amid rising demand for Beyond Meat burgers, U.S. farmers can’t solve this supply problem: OPINION
McDonald’s recently announced that it will test-market a burger using plant protein 28 restaurants in Canada over the next few months. Understandably, the share price of Beyond Meat, the company producing this meat substitute, increased substantially.
Beyond Meat’s meatless patty uses protein from yellow peas, a variety that falls into a crop category described by the Agriculture Department as dry peas that are only raised by U.S. farmers using GMO-free seeds. When the price is right, farmers in those states have demonstrated they can certainly increase domestic supplies. But how quickly production can continue to increase is another matter, as switching from traditional crops to dry peas may involve some equipment changes. In addition, farmers with little or no previous experience with the crop have to develop the expertise to cultivate dry peas and work them into their year-to-year crop rotations.
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