05.17.2024
Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts
The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...
Certified seed is the foundation on which modern agriculture is built. Farmers of conventional crops have access to reliable, stable seed that is built on that same foundation, but is far more sophisticated after decades of conventional breeding, and now decades of transgenic work. Hemp prices aren’t directly influenced by seed performance, but profitability is. Modern farmers expect seeds to perform and rarely or never encounter the kind of failures seen in hemp production. Seed certification is the only way a producer can ensure that the seed meets their performance expectations, because a third party has inspected the crop, tested the crop, tested the seed for purity and germination rate, and provides assurance that the growing plant’s characteristics match what is advertised. Beyond this, assurances are extended with the caveat that CBD hemp produces a complex array of cannabinoids, and we are a long way…