Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary 

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…

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12.26.2024

East Coast renewable diesel supplies likely to decline: EIA

East Coast renewable diesel supplies likely to decline: EIA

Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...

12.26.2024

US animal fats and oils markets mostly stable, with movement only in CWG

US animal fats and oils markets mostly stable, with movement only in CWG

The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.

The only notable activity observed...

12.26.2024

Avian flu spikes in poultry, cattle sector at end of 2024

Avian flu spikes in poultry, cattle sector at end of 2024

US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.

US avian flu update
Year-to-date US poultry headcounts affected by...

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