Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

Report Highlights Research Goals for Hemp

The Office of the Chief Scientist at USDA released a 19-page report last week, titled 

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The report generally highlights the opportunities for hemp innovations that will drive the crop’s expansion. It emphasizes the importance of industry leveraging partnerships with Land Grant Universities and agencies like USDA to advance critical hemp research.

The Global Hemp Innovation Center at Oregon State University and the USDA co-hosted a workshop in 2022, 

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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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