Maturing Hemp Markets
Prior to the 2018 Farm Bill, the hemp industry was entirely fragmented between a handful of states, and hemp prices were very good. Colorado, Oregon, and Kentucky were well positioned after some years of developing hemp markets, but these states picked up big acreage numbers in 2018, primarily from speculative growers that had no marketing contracts in place. This encouraged existing brokers, spawned more, and a feeding frenzy ensued, attracting large schools of sharks eager for a quick meal. As the hemp industry rapidly scaled in 2019, markets were barely coalescing, mainly on the back of those existing broker networks, often with ties to the MJ industry.
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11.13.2024
Neste, Air Canada sign SAF agreement for Vancouver
Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...
11.13.2024
CWG prices up slightly; DCO movements mixed
The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...
11.13.2024
2024/25 grain consuming animal unit headcounts increase by 0.39%
Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...