The shift of power in the US Senate early this year prompted widespread conjecture that federal cannabis legalization may be on the horizon. Equity markets responded favorably in January but have since slouched, with a less bullish near-term outlook. Some industry observers see banking reform in 2021 as an attainable policy goal that will have significant impacts on pan-cannabis markets – MJ and hemp.
The
11.22.2024
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
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
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...