Looking at hempseed acreage that was released yesterday in the August Crop Report from FSA, it is clear that there is industry confusion with the seed and hempseed segment. As mentioned in yesterday’s bulletin, The Jacobsen adopted the above nomenclature (hemp seed/hempseed) one year ago, to reduce the confusion while reporting hemp prices. We believe that a portion of the acreage registered with FSA in 2020 as “seed”, is in fact hempseed for grain.
Here’s a snapshot of current counties showing registered acreage with “grain” listed as intended use. The total acreage listed for grain is 6,559.
For the distribution of those growing for “seed”, we can see some…
11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...