Europe has emerged as one of the strongest global markets for cannabinoids sourced from hemp, worth $489,000 USD. European consumers are increasingly using CBD regularly, but cannabinoid production and extraction there differs from the US. The EU has placed CBD in the “novel foods” category, compelling manufacturers to apply for approval to sell a range of products. As with the US, where states have varying approaches to regulation and…
02.05.2025
Fats exports rise in 2024; DCO, ethanol production reach 2-month high
The US animal fats and oils markets were stable to higher on Wednesday February 5 as ongoing strength in the Chicago markets continued to ripple into nearby regions, lifting...
02.05.2025
Mixed inventory levels, overall unease impact meat and bonemeal trade
Unease and mixed tones were reported from market sources on Wednesday February 5 for US animal proteins, specifically meat and bonemeal (MBM).
A variety of factors — lessened...
02.05.2025
US weekly ethanol production hits 2-month high; stocks rebound
US weekly average ethanol production rose to a two-month high of 1.112 million barrels per day in the week to January 31, according to the US Energy Information Administration...