Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

 

Product Testing for Safety and Accuracy

 

Safety testing of ingestible cannabinoid products is essential to the long-term health of the industry.  In May, a Florida company recalled lead tainted product discovered through the Florida Department of Agriculture and Consumer Services (FDACS) newly instituted random testing of retail CBD products. Last week, FDACS announced that a number of other contaminated products were discovered by their efforts.  The contamination was said to be of “toxic waste” proportions, with up to 18ppb of lead, over 3 times that allowed.  Neither brands nor product types were included in the announcement, but the official in charge of Florida’s hemp program, Holly Bell, speculated that glass bottles and droppers – typically sourced from China – were suspect. …

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04.23.2024

Rising BOHO spread spurs RIN values higher

Rising BOHO spread spurs RIN values higher

Despite the move higher, D4 RINs are down 2% in value from the previous week. RIN prices are receiving support from the rising bean oil/heating oil (BOHO) spread, which...

04.23.2024

DCO premium over CWG hits multi-month low

DCO premium over CWG hits multi-month low

Lard traded steady on a Chicago basis, with 16 cars traded at 41 cents per lb.

Yellow grease traded down at 37.5 cents per lb delivered US Gulf...

04.23.2024

Animal proteins mixed for Tuesday

Animal proteins mixed for Tuesday

Fastmarkets assessed

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 at $250-300 per short ton on Tuesday, up from $250-280 per ton on April 22. Contract pricing for meat and bonemeal has been...

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