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…
07.26.2024
US Court of Appeals sends SRE decision back to EPA; soyoil prices tumble on potentially lower biofuel demand
On Friday July 26, the US Court of Appeals vacated at least some of the blanket small refinery exemption (SRE) denials made by the Environmental Protection Agency (EPA) in...
07.26.2024
Animal fats and oils trade freezes following soybean oil market drop on SRE report
Trading in the animal fats and oils market was quiet on Friday July 26; the California yellow grease market the only one to rise, with prices up to 31-32...
07.26.2024
Porcine bloodmeal, Missouri River, moves higher week on week; June commercial cattle, hog slaughter
US animal protein prices were highly mixed in the week to Friday July 26, with limited trade on both Thursday July 25 and on Friday. Porcine bloodmeal was the...