Forty-eight years of pulse processing, 118,000 tonnes of annual capacity, and a capital program underway. AGRION is the midstream connecting prairie farms to global food and ingredient makers. Measured in tonnes. Audited every year.
FY2020–FY2025, audited by BDO Canada, an average of ~$59.6M a year through the full commodity cycle.
Subsidiary sales of $55.6M for the fiscal year ended July 31, 2025, with momentum continuing through FY2026.
Trusted by some of the largest global ingredient companies and Fortune 500 food manufacturers.
AGRION sits in the middle of the food supply chain. At every stage, the job is the same: protect the specification and add value to the tonne.
3,000+ grower relationships across Saskatchewan and Montana, supported by crop programs and proprietary seed genetics.
Grading and testing at intake. Specification control starts at the scale, not the packing line.
Bins and elevator capacity that preserve identity and quality, and carry supply across the full season.
Cleaning, AI optical sorting, dehulling, splitting and milling. This is where the margin is made.
Splits, whole peas, flours and hull fibre. Product mix decides the value of every tonne processed.
Truck and rail programs moving finished product from prairie plants to port position and domestic customers.
Export channels serving customers in 35+ countries on five continents.
Food manufacturers, ingredient processors, distributors and pet food producers that specify Belle product by name.
Split yellow peas and Chana Dal, 41,000 MT per year, packed on a fully robotic bagging line.
See the facility → Duck Lake, SKGreen and yellow pea processing plus flour milling, 52,000 MT per year of combined capacity.
See the facility → Hingham, MTBelle Pulses USA: green peas and lentils for US and export markets, up to 25,000 MT per year.
See the facility →“From the farm gate to the world. We buy yellow peas, green peas, lentils and faba beans directly from prairie farmers. Cleaned, split, dehulled and packed at our facilities in Saskatchewan and Montana. One seed. Four revenue streams: ingredients, food, feed and high-value hulls. Moved by truck and rail from the Prairies to tidewater. Shipped to food and ingredient customers around the world. AGRION. CSE: EWG.”
Clean-label ingredients found in snacks, pastas, breads, beverages and premium pet food around the world.
High-protein pea ingredients for everyday foods: snacks, pastas and premium pet food formulations.
Explore proteins →
Functional starches for pastas, snacks, fermentation feedstocks and aquaculture feed.
Explore starches →
High-fibre ingredients for premium pet food, breads and crackers: nutrition and functionality alike.
Explore fibers →Q2 2026 extends the momentum: revenue back to year-over-year growth, gross profit up 74%, and cash building, all in the Company's seasonally slowest half.
Revenue growth to $11.04M from $9.73M in Q2 2025, a return to year-over-year growth.
Gross profit of $1.62M, up from $926,825, with margin expanding to 14.6% from 9.5%.
Positive operating cash flow in the first half of 2026.
Cash at quarter end, up from $5.99M at March 31, 2026.
See the Q2 2026 news release and the interim filings on SEDAR+ for complete results.
Fully diluted share count under the announced settlement: a ~$45M recorded obligation and 65 million shares of potential dilution removed, for 5 million shares.
On the dollar, the rate at which management, the CEO included, agreed to settle accrued compensation. Alignment, demonstrated.
The proven peak, the platform has produced 100,000 tonnes in a year before. The growth path is recovery, not invention.
Settlement figures per the Company’s October 6, 2026 news release; closing subject to customary conditions. See news releases for details.
Founded in 1978 and 100% owned by AGRION, Belle Pulses transforms yellow and green peas into clean-label whole foods and functional ingredients trusted by global food brands.
A leading agribusiness platform capturing the value chain from farm to market, anchored by 3,000+ farmer relationships in a politically stable, geographically advantaged region.
Demonstrated scale and distribution across 35+ countries, serving some of the largest global ingredient and Fortune 500 food companies.
Positioned in the $449B food-ingredients market and heavily indexed to its fastest-growing segment: plant protein, projected to reach $162B by 2030.
Pulses are shelf-stable, water-efficient and soil-enriching, directly in the path of government policy momentum on both sides of the border, including billions earmarked for sustainable agriculture.
A leadership team of proven operators who conceived, built and sold Verdient Foods to Ingredion (NYSE: INGR), and have helped raise over $250M across ag, wellness and CPG.
Insiders, management and employees hold 49.4% of the company on a fully diluted basis. When shareholders win, we win.
Our ambition is straightforward: take Belle’s winning model and replicate it at scale, becoming the number-one pulse processor in North America.
Three high-capacity facilities, each with expansion-ready land to scale production.
Active expansion into Europe, Asia and South America to meet rising international demand.
Decades of proprietary seed genetics, trade secrets and processing IP, a moat that commands premium pricing.
Category-leading innovation across human and pet food, unlocking premium product lines.
High-impact acquisitions at sector inflection points: scalable platforms with resilient margins.
Walk any grocery aisle: protein counts on the front of the pack, fibre claims beside them. Food brands are reformulating around exactly what AGRION ships, and we sit upstream of all of it.
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“A pea is not a formulation. It is one of the oldest cultivated foods on earth. High in protein, high in fibre, and it arrives on the plate looking roughly the way it looked in the field.”
Daniel Brody · CEO Letter to Shareholders, August 2026Food-grade splits, whole peas and flours sold to manufacturers and fractionators.
2Whole-crop merchandising through our elevator and logistics network.
3Third-party processing and grain handling on our own lines.
4Co-product sales today, with a food-grade upgrade path planned.
Governments on both sides of the border are putting capital behind domestic food production. AGRION processes in both countries, and sits directly in the path of it.
The Government of Canada has named pulses a priority sector for market diversification, the crops AGRION has processed for 48 years.
Farm Credit Canada has committed to deploy $5 billion of new capital into Canadian agriculture by 2030.
United States commitments to farmer support and food-supply security, and we process on both sides of the border.
Pulses store for years without refrigeration and retain their nutrition, critical infrastructure for a world where 30%+ of people face food insecurity.
Policy figures as cited in the Company’s public disclosure. See news releases for sources.
All 65 million NPI shares cancelled and the recorded obligation extinguished, for 7,339,218 shares and $100,252 in cash.
Read the release → October 20, 2026Matthew Anderson, CPA, CA, who led the work bringing the Company's filings current, becomes CFO effective October 16.
Read the release → October 13, 2026Shareholders approved all matters: all four directors re-elected, CM3 Advisory reappointed, and the omnibus incentive plan ratified.
Read the release →Specifications, samples and contracting for splits, whole peas, flours and fibre.
sales@bellepulses.ca · +1 306 423 5202 Investor RelationsFinancials, filings, the investor presentation and management access.
ir@eatwellgroup.com · +1 604 340 4187 Growers & GeneralCrop programs, grower relationships, media and everything else.
ir@eatwellgroup.comJoin AGRION's investor mailing list for financial results, regulatory milestones and operational updates, straight from the company.