09.29.2023
Vegetable Oils & Animal Fat Prices Post Week on Week Drop

The market was fairly quiet today with traded volume slowing, but trading still done at lower levels. Gulf BFT traded down to 66 cts/lb delivered late yesterday. Ample nearby...
Land prices have increased considerably since the passage of the 2018 Farm Bill. Commodity prices remained stable – and low – those first years of production in 2019/2020 (and for several years preceding). Land prices in the US did not increase appreciably between the 2019 and 2020 seasons but increased by ~7% nationally in 2021, according to
Areas of small-scale cannabinoid hemp production may not see lease price increases unless growers occupy tillable land suitable for cropping. All cropland is more precious in a world of inflated ag commodity pricing, but some acres more than others. Overall cash rent prices increased negligibly compared to land prices, according to
…