Hemp prices have held relatively steady over the last several months. Little biomass is trading hands, but isolate demand has held steady as ∆8 THC continues to thrive in the marketplace. Policy for ∆8 is extremely unclear at this point. We expect pushback from law enforcement in the future, but ∆8 could conceivably have a long runway.
The unregulated extract industry presents safety concerns in a field of operators with disparate skill levels and tenuous financial positions. The professional operators aren’t the issue and won’t drive policy in the way careless operators will, enabled by less than adequate lab analysis in some cases.
Certified Organic extracts are under scrutiny from USDA, with at least one operator forced to recall product with trace pesticide…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...