Hempseed Policy Movement

Hempseed Policy Movement

Hempseed meal – also referred to as seedcake – is in a surreal regulatory no-man’s land.  We refer to the by-product of hempseed crushing as meal, consistent with other agricultural crops.  Hempseed meal isn’t an exotic feed ingredient, it is a valuable protein source that can supplant much or all of the soybean meal that comprises the vast majority of livestock feeds.  It will also compete with other popular by-product protein components like cottonseed and sunflower meal if pricing dips below $300/ton.  More research on hemp’s role in typical crop rotations could drive hemp production – and hemp pricing – considerably if findings are consistent with existing reports of hemp’s positive contribution to rotations.

 The regulatory status of hempseed meal is a vestige of decades of prohibition.  It just didn’t need to go through the resource…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

11.12.2024

Glycerin prices seen supported by declining biodiesel margins

Glycerin prices seen supported by declining biodiesel margins

Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....

11.12.2024

Animal fats and oils prices stable amid losses in vegoil markets

Animal fats and oils prices stable amid losses in vegoil markets

"I think the big drop in soybean oil had everyone take a pause,” one source said.

December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...

11.12.2024

Meat and bonemeal, bloodmeal higher on active demand

Meat and bonemeal, bloodmeal higher on active demand

Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.

Porcine meat and bonemeal prices were steady to higher according to sources...

Latest Tweets