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…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...