The majority of 2019 hemp producers are continuing on in some capacity in 2020. Minnesota polled their growers during the annual reporting process and 85% said they intended to grow hemp in 2020. Minnesota producers have the same problem that many US farmers do, an excess of stored biomass and seemingly no markets. Minnesota’s hempseed grain production is a part of this number, which is different in states where producers were burned en masse on biomass contracts, with no other markets for hemp.
Agricultural crops can be very regional, for the obvious reasons of climate and soils, but also based on the presence of companies that convert harvested crops into cash. Businesses may establish themselves in a location for a variety of reasons, but these companies that are successfully moving product in agriculture create an entire market ecosystem in their production areas. Canopy…
11.19.2024
Glycerin trades for 2025, lack of supply expected to support pricing: sources
Glycerin offers for the first quarter of 2025 have been feeling out the market over the past several weeks. A trader confirmed buying small quantities of 80% crude glycerin...
11.19.2024
US animal fats and oils markets steady; Gulf demand remains strong
The US animal fats and oils markets remained largely steady on Tuesday November 19, with limited trading activity and most market discussions centered around...
11.19.2024
Missouri River bloodmeal prices higher; Mid-South pet food-grade poultry by-product narrows
US animal protein prices were steady to higher on Tuesday November 19.
Fastmarkets assessed meat and bonemeal, ruminant, Missouri River at $250-320 per short ton, steady day on...