Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary 

Market Evolution

Historically – at least in its most recent incarnation – the hemp industry has thrived in areas with progressive hemp policy.  Colorado and Kentucky are noteworthy in the recent history of the crop, both having identified hemp as a legislative issue well before the 2014 Pilot Program debut.  Oregon 

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 in 2009, allowing for the Oregon Department of Agriculture to license hemp farmers in the state.  This was well before the CBD boom, or collapsing hemp prices, when the scope of hemp was limited to hempseed and fiber. 

In the 1980’s, Southern Oregon became a notorious production region for MJ, part of the same Emerald Triangle that encompassed northern California.  This has given the region a…

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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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