Protein Prices Favorable to Hempseed Market Development

Protein Prices Favorable to Hempseed Market Development

High commodity prices will have a considerable impact on planting decisions again in 2022.  In the first year of hemp production, in 2019, it was touted as a remedy for depressed farmgate prices for major crops.  This is no longer the case. 

In 2021 we observed a contraction of hempseed production, while hempseed prices remained level.  Commodity pricing is not the only factor influencing planting decisions.  Crop rotations are fundamental to well-managed farms, and hemp offers a compelling opportunity as a soil-building cash crop.  Climate smart agricultural policy will provide even more impetus for farmers to try new crops.  

Hempseed meal is currently traded on gray markets and utilized by producers as an economical alternative – or complement to – current protein sources.  Canola and sunflower meal are also in demand, creating an ideal scenario for livestock operators in the Northern Plains to utilize more hempseed meal…

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06.27.2025

Sausage casings bulletin, June 27, 2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

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06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

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06.24.2025

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...

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