Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary 

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…

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12.20.2024

45z guidance fails to appear; government scrambles to pass spending bill

45z guidance fails to appear; government scrambles to pass spending bill

The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...

12.20.2024

US animal fats and oils end week softer across the board ahead of holiday slowdown

US animal fats and oils end week softer across the board ahead of holiday slowdown

Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...

12.20.2024

December cattle on feed down on month, year

December cattle on feed down on month, year

Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.

The only significant price...

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