Two years ago last month, we posed the question, Does Hemp Have a Role in Livestock Feed? Montana’s response to that question is, “yes.” A new statute authorizing hemp-based feeds was signed into law this week in Montana; the authorization is dependent on approval by the U.S. Food and Drug Administration’s Center for Veterinary Medicine. Specifically, the Montana law:
Clarifies that hempseed food ingredients and hemp-derived products are included in the definition of commercial feed.
Includes feed used for livestock, contingent upon FDA-DVM’s approval of hemp as an approved additive or defined ingredient in animal feed for livestock.
Provides authority for hemp to be used in co...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
