Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

Industrial Hemp Innovation Continues

Industrial hemp continues to attract investment and innovation with widespread conviction that the economics will work.  Despite additional funding opportunities arising from the Inflation Reduction Act (IRA), investors must have high risk tolerance in this space. 

Figures from the latest USDA NASS National Hemp Report show a downward trend in both acreage and market size for all major hemp segments.  Within this data are modest gains for fiber hemp in states like Missouri and Virginia, each posting gains of less than 100 acres in 2022.

 

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High commodity prices, especially for oilseeds, will continue to affect growers’ planting intentions.  Energy markets will also continue to have knock-on…

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02.04.2025

Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty

Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty

The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.

Six railcars...

02.04.2025

Light trade volume leaves most US animal protein prices flat

Light trade volume leaves most US animal protein prices flat

Light trade volume was reported in the US animal proteins markets for Tuesday February 4.

Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...

02.04.2025

December US soybean crush, corn consumption up month on month

December US soybean crush, corn consumption up month on month

US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...

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