Many farmers can produce high-grade flower in one growing season, but to consistently do so, season after season, takes skill. Skill that can’t be bought, gained by binging YouTube videos, or by frequenting online forums. Flower remains a bright spot for hemp prices. Competition will continue to increase, and no doubt the ranks of master flower growers along with it. Current prices will see pressure down the road, but for now, $300, $500, or even $800/lb is achievable in wholesale markets for the very best buds.
Competition is one way of raising the collective game. Based on a Cannabis Cub model, Golden Grow Awards, Hemp Cups, or Emerald Cups and the like offer a valuable forum for competent flower judging, an objective assessment for producers to track progress. Sure, it may be somewhat subjective having a group of judges score an entry, but that…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...