05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Last Week’s Hemp Commentary
Hempseed a Boon to Aquaculture?
Hempseed has long been known to contain a robust fatty acid profile, with Omega-3 and Omega-6 fatty acids occurring in levels that exceed common fish-derived supplements. This trend fueled considerable exports to S. Korea from Canada.
Exports to S. Korea exceeded 4000 metric tons (mt) in 2016 and fell by 84% in 2017 as Korea pivoted to China for low-cost hempseed requiring less transport than hempseed sourced from North America.
The high levels of Polyunsaturated Fatty Acids (PUFA) in hempseed afford considerable benefit to livestock. Soybean oil is a common ingredient in livestock diets.