Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

Water Use Issues Give Oregon Hemp Producers Black Eye

Southern Oregon and Northern California are ideal climates for the production of craft flower for premium markets.  Producers there have sought to take advantage of attractive prices for hemp flower.  This does not make them ideal locations to produce these products, as with other regions, there are challenges beyond that of climate.  Regulatory issues have a much more equitable impact, or will eventually, once the USDA program rules apply to all but Idaho.   

There are many more factors that contribute to a successful hemp crop, like access to agricultural services and products, sufficient labor, and high quality, properly stored seed.  Water is an essential input that some regions take for granted, where east of the Mississippi, water politics are typically development…

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11.22.2024

Biodiesel margins rise, but window of opportunity limited

Biodiesel margins rise, but window of opportunity limited

Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.

11.22.2024

Gulf prices average higher despite weeklong declines in SBO

Gulf prices average higher despite weeklong declines in SBO

For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...

11.22.2024

Bloodmeal largest price mover week on week; November cattle on feed higher

Bloodmeal largest price mover week on week; November cattle on feed higher

US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...

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