Key hemp provisions included in 2024 Farm Bill draft

Key hemp provisions included in 2024 Farm Bill draft

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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on Friday, containing key revisions to hemp laws.

Building on

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– 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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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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