Disease Resistant Hemp Requires Research and Time
Cannabis selection has occured over thousands of years, for the intoxicating resin or fibrous characteristics. Selection was retarded in much of the world due to prohibition, but pockets of breeding have continued, or reemerged in recent decades. The rebirth of a national hemp industry in the US has given rise to a very crowded seed breeding segment, and we speculate that as much as 1/3 of our estimated hempseed acreage in 2020 – 21,138 acres – could be devoted to hemp seed production for sowing. Hemp seed prices have in aggregate come down over the last 2 years, but not commensurate with overall hemp prices. The most desirable varieties can still cost upwards of $1/ seed, though the Jacobsen does not report pricing for crop inputs.
The robust pricing persistence in this segment is in part due to quickly…
01.29.2025
DCO prices strengthen as output, ethanol production decline on week
Prices for US animal fats and oils held steady to higher on Wednesday January 29, with much of the day's trade concentrated in the distiller’s corn oil (DCO) markets.
01.29.2025
Automotive leather sector wary of potential US tariffs on Chinese goods
For most US hide sellers, the market remained quiet on Wednesday January 29, as Chinese tanners were away for their Lunar New Year holiday. But some activity persisted, particularly...
01.28.2025
US animal fats and oils Gulf markets show continued price strength amid tight conditions
The US animal fats and oils markets were stable to higher on Tuesday January 28, supported by ongoing discussions of strong demand.
The Gulf Coast region has experienced...