Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

Australia Invests in Hemp Feeds Research

Like many countries, Australia has embraced the hemp normalization trend. Food Standards Australia New Zealand (FSANZ) made low-THC hemp foods legal in 2017. The year prior, Australia federally legalized cannabis production for medicinal and scientific purposes.

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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

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

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,...

12.20.2024

December cattle on feed down on month, year

December cattle on feed down on month, year

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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