Market Evolution
Historically – at least in its most recent incarnation – the hemp industry has thrived in areas with progressive hemp policy. Colorado and Kentucky are noteworthy in the recent history of the crop, both having identified hemp as a legislative issue well before the 2014 Pilot Program debut. Oregon
In the 1980’s, Southern Oregon became a notorious production region for MJ, part of the same Emerald Triangle that encompassed northern California. This has given the region a…
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...