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….
04.18.2024
Total RFS blending falls in March, domestic biodiesel blending increases
The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool during March. Blending was six percent below February and...
04.18.2024
EU UCO premium to US continues to grow
The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price changes reported. Choice white grease (CWG) into the Missouri River...
04.18.2024
Ruminant meat and bonemeal price pressure in most regions
Price pressure was reported on several regions for meat and bone meal, ruminant and porcine items. Market sources said buyer pushback and light demand, with exception to the pet...