CBD Pet products are showing healthy retail demand. There’s no limit to what doting pet parents will do for their four-legged children. Veterinarians have embraced CBD as a helpful supplement for dogs in particular, and it has become a reliable revenue generator for many veterinary practices and specialty pet stores. Research done by Nielsen late last year revealed that veterinarians were twice as likely as physicians to have awareness of CBD, ostensibly resulting in a higher rate of recommended use.
Major markets have embraced the product, as Petco announced in March the availability of CBD products in 700 of their stores found in 23 states. PetSmart announced several weeks ago they will be carrying CBD products in 122 stores in 5 states. Many more independent pet stores are offering products, as are veterinary practices. FDA policy for CBD in pet foods is…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
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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...
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US animal protein prices steady to firmer week on week; SBM under pressure
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