Organic hemp seed grain prices have continued to trend lower and have had a difficult time gaining traction. One of the issues is that Organic hemp seed grain is not commercially legal to use in organic feed, and therefore the meal cannot be used in feed. Organic hemp seed grain is generally grown in the region where it will compete directly with organic sunflower meal which is the northern plains. Organic hemp seed grain prices have declined from close to 1.20 per pound down 6% over the past 6-months declined to 1.12 per pound.
While organic sunflower meal has a strong human consumption outlet for organic sunflower oil, organic hemp seed oil has less demand. Of the 39,000 products that are listed in The Jacobsen’s branded product database, there are only 2-companies that sell products that contain…
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,...
12.20.2024
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...