The Hettinger Hemp Day hosted today by North Dakota State University (NDSU) was focused on industrial hemp applications. North Dakota has little cannabinoid production but has become a key production area for hempseed. NDSU was the first producer of hemp in the state. Hempseed production increased to 3181 acres in 2020 in ND, out of 3372 total acres.
John Mortensen, Hemp Program Coordinator the ND Department of Agriculture hemp program disclosed that current permitting for hemp in the state is reduced by half this year to date. High commodity pricing for crops is the most likely factor in suppressing hempseed acreage for 2021, as you have read here a number of times since these prices began to climb to historic levels. There are currently ~450 acres of hemp permitted…
04.22.2024
Animal fats and oils commentary: CWG prices fall on pressure from DCO
Steady slaughter levels, lower prices into the US Gulf for all feedstocks and lower prices for distillers’ corn oil (DCO) in the Midwestern markets have all weighed on the...
04.22.2024
Cattle slaughter more in line with 2023 as May nears
US cattle slaughter
Fastmarkets research forecasts cattle slaughter at 625,000 head in the week to Saturday April 27, less than half a percent lower than the same period in...
04.22.2024
Central Illinois soybean crush margins hit 5-week high
DDG prices remained steady in all regions on Monday April 22. Market sources said demand remains flat, and reported steady values that align with current price ranges.