Growing plans for 2020 are very fluid. We have heard from a number of operators their intention to scale back or forgo cultivation this year. Seed suppliers, who generally seem loathe to share information, are no doubt seeing significantly lower sales volume this year. Quality seed is reportedly moving at pennies on the dollar in some channels. As with all things hemp, there is a lot of diversity in this segment.
As we scrutinize supply for biomass, there are a number of factors at play, not the least of which is coronavirus. The disruption has been a precipitating factor in all corners of the hemp universe, but 2020 cultivation plans are particularly influenced by the current situation.
Buyers have an ideal opportunity in the market with the vast quantities of biomass in storage, but quality and…
04.19.2024
Reduced March RIN production not leading to higher RIN Prices
Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...
04.19.2024
CWG, YG higher on week, UCO, DCO down again
The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.
04.19.2024
Price pressure on ruminant and porcine items for the week
Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.
Wide ranges were witnessed on porcine bloodmeal (BM), with a...