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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11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...