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: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...