Late last year after the release of the Interim Final Rule (IFR) from the USDA, it became clear that all states would not embrace the plan for the 2020 season. On top of that, State’s Departments of Agriculture voiced serious concern over some of the requirements outlined in
the IFR, namely the requirements around THC testing for producers. State ag departments have pushed back against impractical sampling requirements, that compel states to test 100% of the crop. Many states tested less than 50% of the 2019 hemp crop, some much less. This only adds to the unfunded mandate for states to conform to federal hemp policy. The 15-day harvest window is also contentious. State personnel felt the burden of sampling crops in past years, compressing the timeline only exacerbates the stress on their agencies.
One of the most pressing issues for…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...