Wildfires Threaten Homes and Lives
Agricultural crops have seen declining ratings as the season progresses. Roughly a quarter of the US corn crop in the 18 major corn producing states rated “Fair” last week, while 9% rates “Poor” and 5% of the overall crop rated “Very Poor”. This leaves 45% of the crop rating “Good” and the remaining 15% as “Excellent”. This is a good illustration of the variability of crop performance around the country, and hemp is no exception. We do not believe a similar decline in the overall hemp crop will have sufficient impact on supply or hemp prices. Wildfires remain an unknown though.
The Oregon flower crop has seen good weather this year but is one of many areas in the Western US that is experiencing wildfires. There is no way to…
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...