Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary 

Hemp’s Value Proposition attracts US Military

Among the vast spending powers of the US Government, national defense comprises about 10% of a $10 trillion annual budget, according to 

Membership required to view content.
.  The US government has long championed innovation in the defense arena, by funding company’s R&D through government programs that have had significant impact on a range of markets.  

The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs are funding ongoing hemp fiber research for the purpose of incorporating hemp into military uniforms.  This is not a brand-new idea, it has been discussed occasionally since the passage of the 2018 Farm Bill in the public and private arena. 

From sbir.gov

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

02.26.2024

Braya Begins Renewable Diesel Production in Newfoundland

Braya Begins Renewable Diesel Production in Newfoundland

Braya Renewable Fuels announced their facility in the city of Come By Chance, Newfoundland commenced commercial operations. Initial renewable dieseel production capacity is expected to reach 18,000 barrels...

02.26.2024

Hog Slaughter Forecast Lower Heading into April

Hog Slaughter Forecast Lower Heading into April

There were no confirmed trades in the market and bids and offers were quiet to start the week.
The USDA estimated hog slaughter for last week at 2.578 million...

02.26.2024

Cattle Slaughter Forecast Under 2023 into March

Cattle Slaughter Forecast Under 2023 into March

The markets were rangebound Monday on limited trade reports. 

For the week ending March 2, 2024, cattle slaughter is forecast at 600,000 head, 4.1 percent down from 2023...

Latest Tweets