Hemp Production Trends

Hemp Production Trends

Hemp production trends are mixed, with a steady decrease in hempseed production for grain and an increase in acreage intended for fiber.  Fiber hemp acreage increased by 63 percent from 2022 to 2023 but did not surpass production figures posted in 2021.

Hempseed grain production saw a less precipitous year over year decline than last year.  Hempseed production declined by 21 percent in 2023. 

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12.20.2024

45z guidance fails to appear; government scrambles to pass spending bill

45z guidance fails to appear; government scrambles to pass spending bill

The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...

12.20.2024

US animal fats and oils end week softer across the board ahead of holiday slowdown

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Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...

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December cattle on feed down on month, year

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Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.

The only significant price...

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