While hemp prices in 2020 were not projected to experience upward movement without new regulations, certified organic hemp products are increasing in volume, for biomass, flower, crude and distillates, according to The Jacobsen’s Chase Hubbard. Robust activity in the organic hemp space is attempting to generate some transparency for organic hemp prices and this in conjunction with cGMP practices can have an impact on hemp pricing and CBD prices. The Hemp market is…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...