Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary 

Shipping Hemp

Domestic shipping options for hemp have evolved considerably since the Farm Bill’s passage in 2018.  The messiest period was in early 2019, with cases like 

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 3+ ton bust in Idaho.  Shipping guidance from industry thought leaders throughout 2019 routinely urged operators to avoid Idaho.  Falling hemp prices helped to expand biomass shipping in 2020, when many operators began shipping full semi’s to buyers or contract extractors.  The Big Sky case did impede trade flows between Colorado and Oregon, stifling growth. 

The most 

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Blog

11.22.2024

Biodiesel margins rise, but window of opportunity limited

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

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

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...

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