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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01.29.2025

DCO prices strengthen as output, ethanol production decline on week

DCO prices strengthen as output, ethanol production decline on week

Prices for US animal fats and oils held steady to higher on Wednesday January 29, with much of the day's trade concentrated in the distiller’s corn oil (DCO) markets.

01.29.2025

Automotive leather sector wary of potential US tariffs on Chinese goods

Automotive leather sector wary of potential US tariffs on Chinese goods

For most US hide sellers, the market remained quiet on Wednesday January 29, as Chinese tanners were away for their Lunar New Year holiday. But some activity persisted, particularly...

01.28.2025

US animal fats and oils Gulf markets show continued price strength amid tight conditions

US animal fats and oils Gulf markets show continued price strength amid tight conditions

The US animal fats and oils markets were stable to higher on Tuesday January 28, supported by ongoing discussions of strong demand.

The Gulf Coast region has experienced...

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