Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary 

Hemp Acreage Rises Modestly on September Report

The most recent Farm Service Agency (FSA) crop acreage data for hemp shows a 7% increase in overall acreage over August’s report.  Just over 35,000 acres have been reported to the agency this year, but we can speak with some confidence that the figures do not show 5000 or more acres in the state of Oregon, and likely other states as well.  Producers on Oregon have no historical connection to the FSA there and no clear incentive for reporting their acreage. 

Oregon cannabis culture, crossover with hemp and MJ operators, gray markets for ∆8-THC and other novel cannabinoids, makes for less than proactive acreage reporting to a federal agency. And now, increasing illicit MJ production in Oregon in the most active cannabinoid hemp growing area – the Rogue Valley – also impacts acreage reported to FSA in 2021.  Acreage reporting is a requirement of…

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05.09.2024

Michigan among growing list of US states incentivizing SAF

Michigan among growing list of US states incentivizing SAF

Following the passage of federal tax credits for production of sustainable aviation fuel (SAF), state governments across the US have been implementing tax credits of their own to secure...

05.09.2024

US fat exports hit multi-month high on shipments to Singapore

US fat exports hit multi-month high on shipments to Singapore

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05.09.2024

Ruminant meat and bonemeal relative to CBOT soybean meal drops

Ruminant meat and bonemeal relative to CBOT soybean meal drops

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Ruminant meat and bonemeal relative to soybean meal

Ruminant meat and bonemeal...

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