WeeklyHemp Recap

WeeklyHemp Recap

Last Week’s Hemp Commentary

More Research Needed to Develop Hemp Genetics

The second year of national hemp production is another year of learning for much of the country.  Producers that have grown one or more season are solving problems that arise, and refining their systems, like any farmer must do with a new crop.  Producers are still in a capitalization mode, but with far more spending discipline than the 2019 season, in light of falling hemp prices and other market realities. 

For much of the 2020 hemp crop, plant genetics are poorly matched to environment.  For areas with a Mediterranean climate like the Emerald Triangle of California and Oregon, dense, stout, plants can yield well over a ton/acre of fungus-free material, and a ton and a half is not unusual.  But even parts of Oregon saw fungus in the 2019 crop after atypical rains in September.  The key to this, says…

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12.20.2024

45z guidance fails to appear; government scrambles to pass spending bill

45z guidance fails to appear; government scrambles to pass spending bill

The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...

12.20.2024

US animal fats and oils end week softer across the board ahead of holiday slowdown

US animal fats and oils end week softer across the board ahead of holiday slowdown

Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...

12.20.2024

December cattle on feed down on month, year

December cattle on feed down on month, year

Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.

The only significant price...

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