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…
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...