Election Day
The US is voting today, and the electorate will choose the next President, as well as congressional seats in some 34 states. For many years, polling was a reliable barometer of the election, and analysts were able to predict outcomes on election nights, before the West Coast went to sleep, and sometimes, the East Coast. Then Bush v. Gore happened, when SCOTUS settled a contentious recount in Florida, in favor of George W. Bush. In the middle of December. Hemp prices, or hemp markets, are unlikely to experience added volatility, regardless of the outcomes.
In 2016, we witnessed even more drama, as underdog Trump defied polling to become the 45th POTUS. Since then, we’ve learned just how sophisticated modern campaigns can be. Social media amplifies candidate’s…
11.22.2024
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
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
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...