Last Week’s Hemp Commentary
California Hemp
Hemp was routinely mistaken for MJ during the 2019 growing season. Thieves and professional law enforcement alike cannot distinguish hemp from high-THC MJ. That technical issue has yet to be solved on a national level for law enforcement, the ability to determine whether it is high cannabinoid hemp or THC. This was true for the Kern County Sherriff’s Department last year, when they oversaw the destruction of over 500 acres of hemp belonging to Apothio LLC.
Kern County agriculture dwarfs the agricultural receipts of many US States. The county generates more than $7.5 billion from the sector, about the same as Mississippi and Louisiana agriculture combined. Just for comparison, North…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...