Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

NY Governor Vetoes Hempseed Bill  

New York legislation to allow hempseed derivatives in feeds for a limited group of species failed to clear the governor’s desk this week.  Gov. Kathy Hochul vetoed the bill that would allow for hempseed products to be included in feeds for pets, horses, and camelids, which includes llamas and alpacas.

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01.07.2025

Biodiesel imports climb 10% from 2-year low; exports fall to lowest level since January 2024

Biodiesel imports climb 10% from 2-year low; exports fall to lowest level since January 2024

US Census Bureau data released on Tuesday January 7 showed a monthly divergence in biodiesel imports and exports. Biodiesel import volume rose from a two-year low last month, climbing...

01.07.2025

Packer BFT trades higher; rising HO/SBO prices lift UCO sentiment

Packer BFT trades higher; rising HO/SBO prices lift UCO sentiment

Three railcars of packer-grade bleachable fancy tallow (BFT) traded higher at 45 cents per lb, Chicago basis on Tuesday January 7.

Apart from this trade and continued activity in choice...

01.07.2025

Poultry by-product pet grade lower on export unease, possible winter weather in Mid-South, Southeast

Poultry by-product pet grade lower on export unease, possible winter weather in Mid-South, Southeast

US animal proteins had limited price changes indicated on Tuesday January 7 due to a quiet tone reported by multiple market sources.

Price pressure was reported on poultry-related...

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