The increasing number of states that have explicitly allowed for CBD in food and beverages will buoy demand for CBD isolate, but it will be a while before demand is sufficient to influence hemp prices. New York’s rules allow for a maximum 25 mg of CBD per serving, a “low and slow” approach to start. New York City banned CBD in food and beverage last year city wide, though this did not entirely curtail the practice. Florida does not have a maximum daily serving size that we are aware of, for
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11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...