Texas hemp growers are asking Governor Greg Abbott to veto a bill that would ban hemp sales in the state.
Industry groups collected nearly 150,000 signatures over the bill, which bans hemp-derived products. The Texas Hemp Business Council warns that if signed into law, it could wipe out $4 billion in revenue each year, along with more than 50,000 jobs.
They also warn a ban could open the door for more unregulated products in the state.
Related Stories
Mike Steenhoek, with the Soy Transportation Commission, shares his outlook on current grain stocks and transportation lines amid bumper crops filling bins across the United States.
“The Expanding Access to Risk Protection (EARP) Final Rule streamlines requirements across multiple crops, responds to producer feedback, and strengthens USDA’s commitment to putting America’s farmers first,” said the USDA.
Working capital is tightening for crop farms, increasing reliance on operating loans even as land values steady in the broader sector.
Buying a real Christmas tree directly supports U.S. farmers facing rising import competition, long production cycles, and weather-driven risks.
Tight cattle supplies continue to drive lower beef output despite heavier weights.
Federal lawyers submitted a brief this week backing Bayer’s argument that federal laws governing herbicides like Roundup should prevent lawsuits over the popular chemical.
