Hemp producers operating in the two dozen states that have yet to develop a USDA approved plan are breathing a huge sigh of relief this morning. As are the state agencies who wondered if they had missed the boat on policy making for a hemp program. Yet another group, producers in New York, New Hampshire, Mississippi, Hawaii and Virginia had already accepted the fact that they’d be obtaining a USDA Hemp Producer license after their state’s decided to defer to the federal agency for hemp production oversight. The policy landscape in hemp impacts hemp prices, but not hemp pricing alone. For some, it will have a direct impact on productivity and profitability. A non-compliant crop, or portion thereof, can have dire consequences for farmers.
USDA is also likely celebrating the delay of implementation. After all, they’re just along for the ride, having received a mandate through the 2018 Farm Bill. The…
11.13.2024
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
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%
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...