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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10.04.2024
US RD interregional shipments decline to 6-month low in July: EIA
The US Energy Information Administration’s (EIA) Petroleum Supply Monthly report released Monday September 30, showed that July interregional shipments of renewable diesel (RD) and biodiesel to the US West...
10.04.2024
Geopolitical tensions, policy uncertainty stymies US animal fats, oils trade
The Missouri River choice white grease (CWG) market moved to a low of 42.5 cents per lb FOB after trading was done late on Thursday October 3.
Distiller’s...
10.04.2024
Hurricane Helene impact on US animal proteins still unknown
US animal proteins prices were steady on Friday October 4, with most participants working on logistical challenges for the current and upcoming week.
Hog producers and production facilities...