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Canadian yellow pea exports to China reached nearly 3 million tonnes in 2020, building on about 20 years of work to develop pea starch for noodle making. Pea protein by-products are increasingly used in Chinese livestock feed.
The article looks at the next stage of market development beyond China.
Growing Chinese use of pea protein in feed adds an alternative protein source, which can modestly shift demand away from soymeal and other protein feeds.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.