Weekly Hemp Recap

Weekly Hemp Recap

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…

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01.21.2025

UCO, tallow prices continue to rise

UCO, tallow prices continue to rise

Technical tallow traded higher on Tuesday January 21, up to 52 cents per lb Chicago, which closed the gap with edible tallow.

Bleachable fancy tallow (BFT) was quiet...

01.21.2025

Poultry by-product pet grade prices lower on winter weather effects

Poultry by-product pet grade prices lower on winter weather effects

Most US animal proteins traded in prices ranges on Tuesday January 21 that were steady from the preceding Friday.

Several market sources told Fastmarkets that limited trade volumes...

01.21.2025

Central Illinois soybean crush margins hit 8-month low

Central Illinois soybean crush margins hit 8-month low

In the week to Friday January 17, the soybean crush margin in Central Illinois decreased by 10.4% week on week and by 22.6% year on year, according to the...

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