Agency Appointments May Be Fertile Ground for CBD
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 assumed 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…
12.20.2024
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
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
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...