Banking Relief on the Horizon?

Banking Relief on the Horizon?

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 

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 will influence relevant markets in ways one would assume to come solely through federal legalization.  But states are reaching a critical mass, with much the northeastern corridor either recently implementing adult use programs or eyeing them intently.  New York is one of the most populous states in the union, and cannabis operators are looking lovingly to the state as they stake their…

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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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