Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary 

 

Hempseed Regulatory Movement

Hempseed meal – also referred to as seedcake – is in a surreal regulatory no-man’s land.  We refer to the by-product of hempseed crushing as meal, consistent with other agricultural crops.  Hempseed meal isn’t an exotic feed ingredient, it is a valuable protein source that can supplant much or all of the soybean meal that comprises the vast majority of livestock feeds.  It will also compete with other popular by-product protein components like cottonseed and sunflower meal if pricing dips below $300/ton.  More research on hemp’s role in typical crop rotations could drive hemp production – and hemp pricing – considerably, if findings are consistent with existing reports of hemp’s positive contribution to rotations.

The…

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11.13.2024

Neste, Air Canada sign SAF agreement for Vancouver

Neste, Air Canada sign SAF agreement for Vancouver

Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...

11.13.2024

CWG prices up slightly; DCO movements mixed

CWG prices up slightly; DCO movements mixed

The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...

11.13.2024

2024/25 grain consuming animal unit headcounts increase by 0.39%

2024/25 grain consuming animal unit headcounts increase by 0.39%

Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...

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