Last Week’s Hemp Commentary
Canada Dominates U.S. Hempseed Imports
U.S. hempseed import data is complete for 2023 and it illustrates Canada’s dominance in the segment. Lithuanian imports have grown steadily in recent years and will likely continue to expand at less than 3 percent compound annual growth rate (CAGR).
U.S. hempseed production has fallen off considerably since 2019 when new entrants flooded the space. Much of this activity was trials, and much of it ended in crop failure. Besides the agronomic challenges of growing and handling hempseed, seed availability was also very limited and germination rates were often below 50 percent.
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12.20.2024
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
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
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...