Canada did not accidentally come to dominate North American hemp markets. Canadian growers have been planting hemp, developing cultivars, and mastering the agronomics of the crop for almost 25 years. The movement to legalize hemp in the U.S. caught Canadians’ attention, and it prompted some stakeholders to accelerate their efforts to gain market share in emerging hemp markets.
Hempseed has been the most successful of Canada’s hemp exports. Canadian operators developed Korean markets for hempseed exports when some Koreans abandoned fish oil for the polyunsaturated fatty acids found in hempseed. China quickly captured that market and Canadian hempseed inventories backed up, slowing growth in the segment while they worked through a glut.
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02.04.2025
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 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
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...