Hemp prices are dictated by a demand picture that is largely dictated by policy. Following the submission of the FDA’s proposed CBD policy to the White House OMB, “Cannabidiol Enforcement Policy; Draft Guidance for Industry; Availability”, a number of key stakeholders have participated in CBD focused talks at the White House. Cannabis Wire recently reported that the following meetings have occurred: On July 30, the US Hemp Roundtable; on July 31, the National Industrial Hemp Council; on August 3, Washington-based Ziese Farms.
Cannabis Wire further reports that the following meetings are also scheduled – some of which have already happened:
“attorney Jessica Wasserman was joined by Steve Bevan, a founder of GenCanna Global and a founding chair of US Hemp Roundtable, who met with the White House as an…
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...