Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Commentary 

CBD Isolate Gets a Boost from ∆8 THC

One of the major driving forces in cannabinoid markets is Delta-8 THC (∆8 THC).  The ability to convert CBD isolate into cash has enabled operators to work through some of the immense stocks of isolate that have built up over the last two years. This demand has helped to buoy hemp prices, particularly CBD isolate prices, but the real take-home is that it has had a meaningful impact chipping away at supply.   The risk for highly capitalized operators is hard to overstate though.  

The problem is that extractors do not control a product once it has transacted, and buyers are not transparent about intended use.  Many sellers couldn’t care less. It is a black market though, to be sure, and despite ∆8 having not yet been tested in court to our knowledge, it’s safe to assume that…

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02.21.2025

US animal fats and oils markets finish week strong; broader uncertainty persists

US animal fats and oils markets finish week strong; broader uncertainty persists

The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...

02.21.2025

Sausage casings bulletin, February 21, 2025

Sausage casings bulletin, February 21, 2025

Runner market commentary
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Table 2

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02.21.2025

US weekly net soybean meal exports, sales retreat again

US weekly net soybean meal exports, sales retreat again

In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...

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