Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

Western Hemp Growers Wary of Dwindling Irrigation Water

Producers routinely irrigate cannabinoid hemp, predominantly crops grown in plasticulture systems. Western states like California, Oregon, Washington, Colorado and the rest of the Southwest all rely on abundant irrigation water to raise a crop.  The notion of water-thrifty crop does not apply to hemp in these growing systems, but water usage varies among the many cultural practices.   

Researchers have yet to exploit drought resistant traits, or develop water-smart production systems, in the short time cannabis has been a regulated crop. Sophisticated MJ operators who are paying a steep water bill have been ahead of the curve, but this won’t necessarily benefit the public domain.  Land Grant researchers in every region will need to include cannabis in their efforts to develop climate-smart production practices. 

Pl…

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04.26.2024

P66 Rodeo to begin producing SAF in Q3

P66 Rodeo to begin producing SAF in Q3

Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...

04.26.2024

Slower Gulf demand weighs on animal fats market

Slower Gulf demand weighs on animal fats market

Limited volumes of choice white grease traded at steady prices on Friday April 26, while trading was very quiet outside of the choice white grease market.

Price direction in...

04.26.2024

Porcine bloodmeal FOB Missouri River price drops week on week

Porcine bloodmeal FOB Missouri River price drops week on week

Limited trade was reported on Friday April 26 for US animal proteins, while prices widened downward.

Fastmarkets assessed bloodmeal, porcine, fob Iowa/Missouri/Nebraska at $1,025-1,150 per short ton on...

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