2023 Farm Bill an Opportunity to Normalize Hemp Production

2023 Farm Bill an Opportunity to Normalize Hemp Production

As Farm Bill discussions take center stage, hemp stakeholders are looking to lawmakers for key policy changes needed to make a viable hemp sector.  The effort to separate industrial grain and fiber crops from cannabinoid-rich hemp is a major priority for the emerging cohort of grain and fiber producers.

Hemp is a product of the Farm Bill, emerging from 2018 Farm Bill discussions as a federally legal crop, vis-à-vis the Agricultural Improvement Act of 2018.  Chaos ensued, as legal cannabis of any flavor sent most states frantically legislating to accommodate the new crop, in most cases not understanding the implications for MJ enforcement.

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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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