05.16.2024
Animal fat prices steady on limited volume traded
Fastmarkets price assessment for edible tallow, fob Chicago was $52.00 cents per lb on 14 railcars, steady from $52.00 cent per lb on Wednesday May 15.
On Thursday,...
Last Week’s Hemp Commentary
Crop Insurance Program Expands
Last December, the USDA Risk Management Agency (RMA) announced that hemp farmers would have access to crop insurance for the 2020 season. Participation was understandably limited in its first year, compounded by the pandemic. The requirement to have a sales contract in place excluded most producers, but is a response to falling hemp prices, or overall hemp pricing volatility and weak demand. Last week, the
“We are pleased to expand the hemp program and make other improvements for hemp producers,” said USDA’s Risk Management Agency (RMA)…