The hemp industry, along with nearly every other sector in the global economy, eagerly awaits a settled presidential race. All eyes in hemp are on the ostensible victors, Biden and Harris, and speculation is rampant as to what this means for cannabis. From a policy perspective, the two campaigned on a decriminalization platform, which wouldn’t necessarily translate into progress for hemp stakeholders, or help to buoy hemp prices. The appointment of a new cabinet and agency heads, however, is fertile ground for regulatory changes in hemp.
The FDA has avoided politics, or at least has tried to, and has carefully projected an image of impartial, science-based policy making. The agency is the sole arbiter balancing the needs of industry and markets, and consumer safety. In the 1960’s, the drug thalidomide was prescribed to thousands of European women suffering from…
04.29.2024
Strong domestic biodiesel margins support rising crude glycerin inventory
Crude glycerin prices are holding steady to slightly lower in the week to Monday April 29, with improved biodiesel margins helping to keep the supply of glycerin strong.
04.29.2024
Gulf tallow prices higher; optimism builds for higher demand for June
Tallow traded higher into the US Gulf market on Monday April 29, up to 41 cents per lb delivered. Outside of the Gulf market, trading was quiet with sources...
04.29.2024
Animal protein prices steady at start of the week
US animal proteins were steady on Monday April 29. Limited trade was reported, with multiple market participants are expected to attend the Petfood Forum in Kansas City, Missouri, this...