The value of major hemp market segments is inflated in this year’s National Hemp Report, published by USDA National Agricultural Statistics Service (NASS). The values are purely reflection of survey response, and respondents continue to submit values that are more aspirational than operational.
We noted in previous commentary that the acreage figures in the NASS report should be a more accurate representation of production since the data is collected well after harvest. FSA data is collected shortly after planting.
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12.26.2024
East Coast renewable diesel supplies likely to decline: EIA
Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...
12.26.2024
US animal fats and oils markets mostly stable, with movement only in CWG
The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.
The only notable activity observed...
12.26.2024
Avian flu spikes in poultry, cattle sector at end of 2024
US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.
US avian flu update
Year-to-date US poultry headcounts affected by...