Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary 

EU Ruling on CBD is Market Driven

Week before last, the Court of Justice of the European Union (CJEU) ruled that a wholesale banning of CBD produced by other member states was unwarranted, and unnecessarily impeded markets.  The CJEU ruling is a response to French prosecution of 

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 directors, a company importing legal hemp-derived CBD from the Czech Republic.  Law enforcement has been hostile to CBD companies in France, making the CJEU ruling a watershed moment for French and EU CBD companies, and bodes well for global hemp prices. 

Unconstrained markets are a core value of the EU, and this recent court decision affirms that hemp derived CBD is lawful, and not classified as a narcotic.  The court…

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01.21.2025

UCO, tallow prices continue to rise

UCO, tallow prices continue to rise

Technical tallow traded higher on Tuesday January 21, up to 52 cents per lb Chicago, which closed the gap with edible tallow.

Bleachable fancy tallow (BFT) was quiet...

01.21.2025

Poultry by-product pet grade prices lower on winter weather effects

Poultry by-product pet grade prices lower on winter weather effects

Most US animal proteins traded in prices ranges on Tuesday January 21 that were steady from the preceding Friday.

Several market sources told Fastmarkets that limited trade volumes...

01.21.2025

Central Illinois soybean crush margins hit 8-month low

Central Illinois soybean crush margins hit 8-month low

In the week to Friday January 17, the soybean crush margin in Central Illinois decreased by 10.4% week on week and by 22.6% year on year, according to the...

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