Pea Producers Expected To Benefit From New Processing Facility

Manitoba Pulse and Soybean Growers is excited to hear that a new pea-protein manufacturing facility will be built in the Portage area.On Wednesday, European-based Roquette announced that it would be constructing a $400 million facility in the area. MPSG Executive Director Francois Labelle says the move will benefit local producers.

 

“The number one thing for producers is that it gives them another market, a handy, available, local market,” he commented. “They [Roquette] are going to be looking for some good volumes of peas...The important thing is they're going to have to have competitive pricing to other crops, but it's an option for the growers.” Labelle notes last year there were about 165,000 acres of peas grown in Manitoba. He expects that number to rise as a result of this new project.

 

Video: Cheapest States to Buy Farmland in America

The United States has more than 895 million acres of farmland, which includes all rural land tied to farming operations, from highly fertile Midwest cornfields to vast grazing ranges in the West, as well as the undeveloped rural land, which is often sold as ranches, homesteads, or uncultivated lots. Nowadays investing in rural land is very lucrative even billionaires like Bill Gates, Jeff Bezos, and Warren Buffett have bought up thousands of acres of farmland across America. In contrast to investors, agricultural companies, and business moguls, some buy farmland for their own requisites, like starting a small farmstead, creating a cottage, and becoming self-resilient. In this video we have ranked the top cheapest states to buy farmland according to the per-acre land value, which is accumulated from the United States Department of Agriculture. The USDA’s per-acre land values come from an annual survey, which is cross-checked with actual sales data, appraisals, and market trends to ensure accuracy. So here are The top Cheapest States to Buy Farmland.