Tracking hemp import/export is not entirely possible at this stage of the industries’ development. Hemp products have crossed borders for years, particularly textiles from China, and hempseed from Canada. Tracking for whole hempseed is relatively straightforward, the coproducts, not so much. Add hemp seed for planting to the picture and it quickly fades out of focus. Volume of imported hemp seed from Canada for sowing has reportedly increased since the first nationwide US crop in 2019. Canadians are likewise planting more US seed genetics, particularly those experimenting with CBD.
Hempseed oil is the primary product in current markets, with the remaining hempseed meal, or seedcake, languishing at crushers or in storage. Without necessary feed approvals, its going nowhere fast. Given that assumption, it is puzzling why the following chart for hempseed meal…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...