Disease Resistant Hemp Requires Research and Time
Cannabis selection has occured over thousands of years, for the intoxicating resin or fibrous characteristics. Selection was retarded in much of the world due to prohibition, but pockets of breeding have continued, or reemerged in recent decades. The rebirth of a national hemp industry in the US has given rise to a very crowded seed breeding segment, and we speculate that as much as 1/3 of our estimated hempseed acreage in 2020 – 21,138 acres – could be devoted to hemp seed production for sowing. Hemp seed prices have in aggregate come down over the last 2 years, but not commensurate with overall hemp prices. The most desirable varieties can still cost upwards of $1/ seed, though the Jacobsen does not report pricing for crop inputs.
The robust pricing persistence in this segment is in part due to quickly…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...