Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

 

Momentum Building on Key Policy Issues

 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 Following the submission of the FDA’s proposed CBD policy to the White House OMB, “Cannabidiol Enforcement Policy; Draft Guidance for Industry; Availability”, a number of key stakeholders have participated in CBD focused talks at the White House.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 were also scheduled – most of which have already happened:

 “attorney Jessica…

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11.13.2024

Neste, Air Canada sign SAF agreement for Vancouver

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

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%

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...

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