The Biden/Harris administration has wasted little time in developing executive action to address the major points outlined in their campaign platform. Everyone in cannabis markets looks to read the tea leaves around the many new players operating the federal government. Whether the new administration takes any decisive action on overall cannabis policy is widely debated, but we do not expect movement there in the near term. There are just too many fires to put out.
Assuming Merrick Garland is confirmed at yet-to-be scheduled confirmation hearings, we could see something like the 2013 MJ friendly
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...