Extract Inventories Exacerbate Shrinking Biomass Demand

Extract Inventories Exacerbate Shrinking Biomass Demand

Biomass is being harvested in some locations, but we’ve yet to see any significant spot transaction volume for 2020 crop biomass.  The trend to harvest premium flower off the top has expanded as farmers seek to maximize returns on the crop.  58% of producers we surveyed are gleaning marketable flower off the top end of their plantings.  Hemp flower prices remain a bright spot as far as hemp prices go.

Producers report variable portions of their crops marketed as premium, AAAA, top-shelf flower, only a percentage of the overall flower harvest.  We’ll do a more thorough analysis on this data when we release our report in October.  

We are awaiting news from Austin, Texas, where a judge in the state’s 261st District Court in Travis County will rule on the legality of the ban imposed by the Texas Department of State Health Services back in August.  This is the first…

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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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