U.S. hempseed imports declined from 2022 to 2023 by 12.6%. More precipitous declines from 2023 to 2024 depicted in the chart below do not reflect second half figures; data for 2024 is complete through June.
Declines in imports have been at least partially offset by an increase in domestic hempseed production. The National Hemp Report noted a reduction in hempseed acreage in 2023 but a considerable jump in yields – reportedly by 72.3%.
This massive increase in reported yields is more likely a data issue rather than being reflective of yield increases. The industry has rapidly grown, and information is becoming…
02.04.2025
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 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
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...