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 

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.  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

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04.25.2024

US heating oil, distillate fuel consumption lower than usual in Q1

US heating oil, distillate fuel consumption lower than usual in Q1


In the first quarter of 2024, US prices for distillate fuel oil — which includes diesel fuels for vehicles and for home heating — was lower than the...

04.25.2024

Chicago animal fat prices fall on increased supply

Chicago animal fat prices fall on increased supply

Four cars of packer grade bleachable fancy tallow traded at 40.5 cents per lb Chicago on Thursday April 25, down 1.5 cents per lb from the previously-traded level.

04.25.2024

Choppy tones widen ranges on porcine meat, bonemeal

Choppy tones widen ranges on porcine meat, bonemeal

The animal proteins market was reportedly steady to choppy on Thursday April 25, creating wider ranges on porcine meat and bonemeal specifically.

Poultry byproduct pet grade and feathermeal were steady...

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