The Jacobsen would like to invite our clients to our
The Jacobsen recently released the results of its 2020 Hemp planting survey. The Jacobsen reports that Organic hemp acreage makes up the bulk of hemp acreage. The Jacobsen’s current estimate for planted hemp acreage in 2020 is projected to be 157,082. Of this total, approximately 94,259 acres are dedicated to planting organic hemp. Organic hemp prices are nearly double conventional hemp prices, which makes organic hemp an attractive cover crop for an organic grain rotation.
The organic hemp supply chain is emerging, including extraction facilities that produce certified organic extracts. This is a key strategy for market…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...