We distributed our summer survey yesterday, a post-planting survey to gain additional insight into the 2020 crop. This survey follows our spring survey, assessing planting intentions in April.
These survey results will be augmented with Farm Service Agency (FSA) acreage numbers that producers are required report in 2020. The hemp industry lacks data that is boilerplate for other agricultural crops, there is not much available from USDA. States take varying approaches to reporting, but most do not publish data for stakeholders. Our survey data, combined with comprehensive supply and demand balance sheets, are the foundation for our forecasting. The July forecast will be released tomorrow. Our summer production survey is here:
For our…
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,...
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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...