Impact of Wildfires Unknown

Impact of Wildfires Unknown

Western wildfires continue to threaten parts of California and Oregon, but also other areas of the Intermountain West, including Colorado.  The situation is fluid enough in Oregon and California that a thorough assessment isn’t possible yet.  Over one million acres have burned in Oregon alone, where over half a million people at least were forced to pick up and leave their homes and farms and flee for safety.   The fires could impact long-term hemp prices, particularly smokable flower pricing, but it isn’t yet clear what the effects will be on the crops that survive. 

Oregon State University (OSU), vis-à-vis their

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, intend to leverage these events into a better understanding of the damage caused to hemp by wildfires.  Much of the state’s hemp crop is focused on cannabinoids, and there have…

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11.22.2024

Biodiesel margins rise, but window of opportunity limited

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

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

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...

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