Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

Lack of Research and Novel Production systems Limit U.S Hempseed Markets

Hempseed markets will continue to face headwinds as imports and high commodity prices steer producers to other crops, furthering a trend of declining acreage.  An aggregate 4320 metric tons (mt) of hempseed cleared U.S. Customs from various ports in 2022.

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11.21.2024

Domestic US biodiesel blending helps lift October RFS RIN production

Domestic US biodiesel blending helps lift October RFS RIN production

US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...

11.21.2024

CWG trades lower as broader animal fats markets hold steady

CWG trades lower as broader animal fats markets hold steady

The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...

11.21.2024

October commercial cattle, hog production above 2023

October commercial cattle, hog production above 2023

US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...

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