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.
High commodity prices, especially for oilseeds, will continue to affect growers’ planting intentions. Energy markets will also continue to have knock-on effects in oilseed markets, largely driven by a combination of state and federal policy that can leverage enormous demand, as previously witnessed with ethanol markets.
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12.24.2024
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 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
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...