Production Costs
Production costs for cannabinoid hemp farmers is a moving target. The majority of producers do not yet know what a typical year’s operational costs look like; no real surprise given that many of the states have zero to one year of hemp production under their belts. Production methods are all over the board too. Operations are in startup mode, frequently encountering surprise costs in the 2019 season. Harvest logjams increased the cost to get hemp out of the field, dried, and into storage in areas like Southern Oregon, but other surprise costs associated with setting up drying space, or labor to rogue males – for whomever was lucky enough to have someone competent to ID males consistently – were shared by producers in all areas.
This applies also to the extraction segment, so many of which are brand new businesses….
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...