The process of normalizing hemp as an agricultural commodity is lengthy. Following the passage of the 2018 Farm Bill legalizing hemp, a vast constellation of federal agencies, state agencies, and entire industries, like banking, scrambled to adjust to the new cannabis landscape.
The USDA has held a pivotal position as the agency overseeing the domestic hemp production program. Its role is as varied as it is crucial. The Agricultural Marketing Service (AMS), National Agricultural Statistics Service (NASS), and the Risk Management Agency (RMA) all have central roles in overseeing or developing the hemp industry
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11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...