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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01.22.2025
Be8, Cemvita to study glycerin-to-SAF feasibility in Brazil
Brazilian biofuels producer Be8 and US-based biotech company Cemvita signed a memorandum of understanding to study the technical and economic feasibility of converting glycerin into sustainable aviation fuel (SAF),...
01.22.2025
CWG prices jump 17% from prior week on strong renewable demand
The choice white grease (CWG) market continued to trade higher on Wednesday January 22 with deals done as high as 42 cents per lb FOB Missouri River, but the...
01.22.2025
US weekly wheat, soybean export inspections decline; corn up 7%
Export inspections of US grains showed a decline for soybean and wheat, while corn increased in the week to January 16, according to data from the USDA released on...