Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary 

Crop Insurance Program Expands

Last December, the USDA Risk Management Agency (RMA) announced that hemp farmers would have access to crop insurance for the 2020 season.  Participation was understandably limited in its first year, compounded by the pandemic.  The requirement to have a sales contract in place excluded most producers, but is a response to falling hemp prices, or overall hemp pricing volatility and weak demand.  Last week, the 

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 a program expansion, and other key improvements to the plan.  

“We are pleased to expand the hemp program and make other improvements for hemp producers,” said USDA’s Risk Management Agency (RMA)…

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01.22.2025

Be8, Cemvita to study glycerin-to-SAF feasibility in Brazil

Be8, Cemvita to study glycerin-to-SAF feasibility in Brazil

Brazilian biofuels producer Be8 and US-based biotech company Cemvita signed a memorandum of understanding to study the technical and economic feasibility of converting glycerin into sustainable aviation fuel (SAF),...

01.22.2025

CWG prices jump 17% from prior week on strong renewable demand

CWG prices jump 17% from prior week on strong renewable demand

The choice white grease (CWG) market continued to trade higher on Wednesday January 22 with deals done as high as 42 cents per lb FOB Missouri River, but the...

01.22.2025

US weekly wheat, soybean export inspections decline; corn up 7%

US weekly wheat, soybean export inspections decline; corn up 7%

Export inspections of US grains showed a decline for soybean and wheat, while corn increased in the week to January 16, according to data from the USDA released on...

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