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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12.24.2024

Animal fats, oils markets quiet amid Christmas holiday

Animal fats, oils markets quiet amid Christmas holiday

The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.

Market sources expected activity to remain subdued...

12.24.2024

US November broiler, turkey slaughter down year on year

US November broiler, turkey slaughter down year on year

US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...

12.24.2024

US weekly soybean, wheat export inspections rise, corn falls

US weekly soybean, wheat export inspections rise, corn falls

Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...

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