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…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...