05.17.2024
Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts
The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...
Canada’s role in U.S. hempseed markets is made abundantly clear in the chart below. Supplying over 90 percent of U.S. hempseed demand, Canadian operators have done an enviable job securing market share in global hempseed markets.
Canadian hempseed exports increased 10 percent year on year in 2022. 2023 is also expected to reflect similar growth, but December trade data is not yet available.
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