Hot Hemp
Hemp seed breeders have an extended buffer for product development, with the delayed implementation of the USDA’s IFR. A couple of years isn’t a long time in seed variety development, and the stricter THC rules in the IFR are much harder to consistently adhere to. Long term this could impact hemp supply and hemp prices, but no major price movements are expected in the near-term.
Crops are testing hot this year, and seemingly at a higher level than last year, anecdotally, but there is no reporting on hot crops available in real time. Our sources spread around the US report some incidents of non-compliant crops, but testing remains a big mystery. One Michigan producer’s crop tested at .6%, twice the allowed limit. A follow up test at the same lab returned a THC level…
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...