Data Collection Key for Advancing Hemp Sector

Data Collection Key for Advancing Hemp Sector

The mass influx of young people to agriculture is unprecedented.  Hemp has inspired a new generation of farmers that are finding their way to agriculture via numerous pathways.  Some are leveraging their inheritance or savings; others are returning home to cultivate ground owned by their families.  Hemp has also been attractive to existing farm kids, and helped to inspire some of their parents, and even grandparents.  Hemp prices have been a barrier to short-term growth, but long-term projects that are congruent with a farm’s overall plans may offer attractive income diversification. 

For scaled production agriculture, hemp is appealing for different reasons than to a small farmer.  Emerging industrial segments offer a promising new element for crop rotations, and savvy farmers will look to take advantage of any soil building potential hemp may offer their farm, in addition to cash…

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05.16.2024

Animal fat prices steady on limited volume traded

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,...

05.16.2024

Grain consuming animal units forecast lower for 2023/24, 2024/’25

Grain consuming animal units forecast lower for 2023/24, 2024/’25

Animal protein prices were steady on Thursday May 16.

Market sources reported an uptick in interest, but the upcoming Memorial Day holiday, lower prices for distiller dried grains...

05.16.2024

International animal fats and oils, May 16 2024

International animal fats and oils, May 16 2024

Market sources also reported that UCO traded at €1,065 per tonne on a DDP France basis, while deals for imported UCO were heard at $975 per tonne CIF Rotterdam,...

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