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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04.29.2024

Strong domestic biodiesel margins support rising crude glycerin inventory

Strong domestic biodiesel margins support rising crude glycerin inventory

Crude glycerin prices are holding steady to slightly lower in the week to Monday April 29, with improved biodiesel margins helping to keep the supply of glycerin strong.

04.29.2024

Gulf tallow prices higher; optimism builds for higher demand for June

Gulf tallow prices higher; optimism builds for higher demand for June

Tallow traded higher into the US Gulf market on Monday April 29, up to 41 cents per lb delivered. Outside of the Gulf market, trading was quiet with sources...

04.29.2024

Animal protein prices steady at start of the week

Animal protein prices steady at start of the week

US animal proteins were steady on Monday April 29. Limited trade was reported, with multiple market participants are expected to attend the Petfood Forum in Kansas City, Missouri, this...

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