Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

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…

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11.13.2024

Neste, Air Canada sign SAF agreement for Vancouver

Neste, Air Canada sign SAF agreement for Vancouver

Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...

11.13.2024

CWG prices up slightly; DCO movements mixed

CWG prices up slightly; DCO movements mixed

The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...

11.13.2024

2024/25 grain consuming animal unit headcounts increase by 0.39%

2024/25 grain consuming animal unit headcounts increase by 0.39%

Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...

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