Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

Certified Organic Extract Marketing

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 drive 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,…

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12.20.2024

45z guidance fails to appear; government scrambles to pass spending bill

45z guidance fails to appear; government scrambles to pass spending bill

The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...

12.20.2024

US animal fats and oils end week softer across the board ahead of holiday slowdown

US animal fats and oils end week softer across the board ahead of holiday slowdown

Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...

12.20.2024

December cattle on feed down on month, year

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Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.

The only significant price...

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