Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

Professional Services Help to Normalize Hemp Sector

The hemp industry is in a perpetual state of normalizing various aspects of production, processing, transportation, and banking, to name just a few.  Part of that process is external policy development that hemp operators must anticipate, or in some cases, adapt to.  This is the case for flower production in states that have or are in the process of disallowing hemp flower production or sales.  Hemp flower prices have been instrumental to small farmer’s solvency over the last year.

One aspect of the industries’ development is the emergence of vendors along a sparse value chain, one that has encouraged self-sufficiency and vertical integration.  Contract cannabinoid extraction, or tolling, emerged early as an option, and allowed extraction operators to maximize revenues and…

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04.25.2024

US heating oil, distillate fuel consumption lower than usual in Q1

US heating oil, distillate fuel consumption lower than usual in Q1


In the first quarter of 2024, US prices for distillate fuel oil — which includes diesel fuels for vehicles and for home heating — was lower than the...

04.25.2024

Chicago animal fat prices fall on increased supply

Chicago animal fat prices fall on increased supply

Four cars of packer grade bleachable fancy tallow traded at 40.5 cents per lb Chicago on Thursday April 25, down 1.5 cents per lb from the previously-traded level.

04.25.2024

Choppy tones widen ranges on porcine meat, bonemeal

Choppy tones widen ranges on porcine meat, bonemeal

The animal proteins market was reportedly steady to choppy on Thursday April 25, creating wider ranges on porcine meat and bonemeal specifically.

Poultry byproduct pet grade and feathermeal were steady...

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