Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

Hempseed a Boon to Aquaculture?

Hempseed has long been known to contain a robust fatty acid profile, with Omega-3 and Omega-6 fatty acids occurring in levels that exceed common fish-derived supplements.  This trend fueled considerable exports to S. Korea from Canada.  

Exports to S. Korea exceeded 4000 metric tons (mt) in 2016 and fell by 84% in 2017 as Korea pivoted to China for low-cost hempseed requiring less transport than hempseed sourced from North America. 

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The high levels of Polyunsaturated Fatty Acids (PUFA) in hempseed afford considerable benefit to livestock.  Soybean oil is a common ingredient in livestock diets.  

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03.03.2025

EASA releases EU SAF mandate penalty reference prices

EASA releases EU SAF mandate penalty reference prices

The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...

03.03.2025

Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains

Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains

Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.

03.03.2025

Trade quiet in animal protein market ahead of tariff implementation on Canada and Mexico

Trade quiet in animal protein market ahead of tariff implementation on Canada and Mexico

Trading was quiet in the animal protein market on Monday March 3 with many market participants taking a wait-and-see approach to US tariffs that are set to go into...

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