Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

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…

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01.08.2025

Tallow trades persist amid tight markets; DCO, ethanol production down slightly

Tallow trades persist amid tight markets; DCO, ethanol production down slightly

Trade in the US tallow markets continued to gain momentum on Wednesday January 8, following sluggish demand throughout much of December.

Another four railcars of packer-grade bleachable fancy tallow (BFT)...

01.08.2025

US ruminant meat and bonemeal prices fall further in most regions

US ruminant meat and bonemeal prices fall further in most regions

Meat and bonemeal spot prices in the US dropped further on Wednesday January 8. A sizable number of distressed loads of both porcine and ruminant meat and bonemeal were...

01.08.2025

US weekly ethanol production drops; stocks reach 7-month high

US weekly ethanol production drops; stocks reach 7-month high

US weekly average ethanol production fell to 1.102 million barrels per day in the week to Friday January 3, according to the US Energy Information Administration (EIA) report released...

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