Maturing Hemp Markets
Prior to the 2018 Farm Bill, the hemp industry was entirely fragmented between a handful of states, and hemp prices were very good. Colorado, Oregon, and Kentucky were well positioned after some years of developing hemp markets, but these states picked up big acreage numbers in 2018, primarily from speculative growers that had no marketing contracts in place. This encouraged existing brokers, spawned more, and a feeding frenzy ensued, attracting large schools of sharks eager for a quick meal. As the hemp industry rapidly scaled in 2019, markets were barely coalescing, mainly on the back of those existing broker networks, often with ties to the MJ industry.
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02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
Table 1
02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...