Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

USDA Hemp Survey Launches

The USDA’s National Hemp Survey is live for 2024, facilitated by the National Agricultural Statistics Service (NASS). The Hemp Production and Disposition Inquiry was sent to 6,000 producers on January 19, polling for data on acreage planted and harvested, crop yields, and marketing values.

NASS noted in their 

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 last week that the total value of production in 2022 was $238 million, from 28,314 planted acres that resulted in 18,251 harvested acres. 

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02.04.2025

Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty

Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty

The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.

Six railcars...

02.04.2025

Light trade volume leaves most US animal protein prices flat

Light trade volume leaves most US animal protein prices flat

Light trade volume was reported in the US animal proteins markets for Tuesday February 4.

Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...

02.04.2025

December US soybean crush, corn consumption up month on month

December US soybean crush, corn consumption up month on month

US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...

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