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Key hemp provisions included in 2024 Farm Bill draft

Alexandra Watts | 05.20.2024

While governors across the country sign legislation making many hemp-derived cannabinoids explicitly illegal, new legislation is emerging in Congress to address the unfinished business of hemp policymaking. House leaders presented the draft

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Building on

Membership required to view content. – the Industrial Hemp Act of 2023 – the hemp provisions in the 2024 Farm Bill are meant to separate industrial hemp from floral hemp grown for cannabinoids. Growers of hemp for fiber are subject to the same testing and inspection requirements as those growing floral hemp for extraction or raw flower sales.

The THC contained in a hemp field in rural Montana has no practical value as an intoxicant. However, it may…

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11.21.2024

Domestic US biodiesel blending helps lift October RFS RIN production

US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...

11.21.2024

CWG trades lower as broader animal fats markets hold steady

The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...

11.21.2024

October commercial cattle, hog production above 2023

US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...

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Key hemp provisions included in 2024 Farm Bill draft

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