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Weekly Hemp Recap

Alexandra Watts | 11.20.2023

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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11.27.2023

Appeals Court Strikes Down EPA’s Denial of SREs

*Please Note – Bob Lane was out of the office today and will return on Tuesday, November 28, 2023.

On November 22, a U.S. appeals court struck down a decision...

11.27.2023

Cattle Slaughter Forecast Lower to Close out 2023

The market was very quiet today coming off of the long holiday weekend. Most were getting their logistics and bid/offer ideas ready for the week and looking ahead to...

11.27.2023

Hog Slaughter Forecasted Above 2022 Into December

Pressure on ruminant meat and bonemeal continues to be reported on accounts of excess offerings from slowed/diminished export trade. Participants communicated low $200s per short ton on ruminant meat...

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