Hemp Flower Markets
Hemp flower markets are following The Jacobsen’s forecasted trend, gaining consistently over the period since our June forecast published in late last month. The July forecast for hemp prices will be released next week. We are yet to see significant premiums with certified organic flower, but this channel is underdeveloped, there hasn’t been sufficient certified organic inventory to consistently fuel the supply chain. Quality factors, and uniqueness are key determiners for consumer demand, and “organic” is applied to much of the product on the market. “Raised organically” or “produced without any……” are commonly used marketing language. We expect the certified organic flower market to expand some in 2021.
As far as demand,…
11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...