Policy Uncertainty Persists

Policy Uncertainty Persists

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 

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.  The memo was a nod to the reality that states had ballooning cannabis economies and tracked with the electorate’s general sentiment about…

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05.16.2024

Animal fat prices steady on limited volume traded

Animal fat prices steady on limited volume traded

Fastmarkets price assessment for edible tallow, fob Chicago was $52.00 cents per lb on 14 railcars, steady from $52.00 cent per lb on Wednesday May 15.

On Thursday,...

05.16.2024

Grain consuming animal units forecast lower for 2023/24, 2024/’25

Grain consuming animal units forecast lower for 2023/24, 2024/’25

Animal protein prices were steady on Thursday May 16.

Market sources reported an uptick in interest, but the upcoming Memorial Day holiday, lower prices for distiller dried grains...

05.16.2024

International animal fats and oils, May 16 2024

International animal fats and oils, May 16 2024

Market sources also reported that UCO traded at €1,065 per tonne on a DDP France basis, while deals for imported UCO were heard at $975 per tonne CIF Rotterdam,...

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