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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11.20.2024
Biodiesel supply tightens heading into the new year
Producers, blenders and fuel suppliers are reporting a slowdown in trading this week. A Fastmarkets survey of participants showed that overall sentiment has the market slowing ahead of...
11.20.2024
California UCO prices climb; DCO production eases slightly from record high
US animal fats and oils prices showed mixed trends on Wednesday November 20, with most market activity concentrated in the Gulf and West Coasts.
11.20.2024
US animal proteins steady; avian flu in birds increases in fourth quarter
US animal protein prices were steady on Wednesday November 20. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving weekend starting on Thursday...