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Weekly Hemp Recap

Chase Hubbard | 01.19.2021 | Jacobsen

Last Week’s Hemp Commentary

California and New York Grapple with Cannabis Policy

Adult use and medical cannabis are now generating over

Membership required to view content. in the US and generating hundreds of millions in tax revenues for states with legal cannabis programs. California’s adult use program likely surpassed $4 billion in 2020. Cannabis is big business in California, and hemp not only cuts into profits, but it also exposes the industry to considerable risk from cross-pollination. The issue of cross-pollination has yet to be confronted in California, or anywhere really. Current research may help guide policy, but it will take some years to develop intelligent regulations that allow both MJ and hemp to coexist in the field. Coexisting in markets in…

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05.03.2024

Biodiesel imports fall to 8-month low in March; exports rise to 3-month high

Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.

Import demand from...

05.03.2024

BFT, soybean oil weekly average prices tumble

For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...

05.03.2024

US animal protein prices remain under pressure; soymeal rises

US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...

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Weekly Hemp Recap

Last Week’s Hemp Commentary

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