Beyond Meat Inc (BYND)

[crudeoil24]

Beyond Meat Inks Big Pea Deal -- Market Talk
4:57 pm ET January 14, 2020 (Dow Jones) Print
16:56 ET - Meat alternative developer Beyond Meat takes further steps to avoid production shortfalls in its plant-based burgers and sausage, signing a multi-year deal with ingredients giant Roquette to lock in supplies of yellow pea protein, a main ingredient in Beyond's meat replacements. Beyond in 2018 added a second Missouri manufacturing plant and this year aims to open its first European plant, after tripling sales in its most recent quarter. Keeping the peas flowing is critical to further expansion; rival meat-replacer Impossible Foods uses protein derived from the much more widely grown soybean. ([e-mail]; @jacobbunge)

(END) Dow Jones Newswires

January 14, 2020 16:57 ET (21:57 GMT)

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