Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

 

Gray Area Creates Challenges, Opportunities

 

Lack of consistent standards and specifications continues to create confusion in cannabinoid hemp markets.  This is an exceptional opportunity for those utilizing the opacity of this complex market for arbitrage.  Arbitraging quality…

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11.15.2024

October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks

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

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

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...

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