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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04.17.2024

What is Biodiesel?

What is Biodiesel?

Biodiesel is a renewable fuel produced thorough the transesterification process. Transesterification is a chemical progression that converts vegetable oil, or other fats, oils and greases, into biodiesel. ...

04.17.2024

DCO production falls on seasonal maintenance in ethanol sector

DCO production falls on seasonal maintenance in ethanol sector

Distiller’s corn oil (DCO) traded into the Gulf market in a range of 44.5 – 45.25 cents lb delivered on Wednesday.
Slowing demand for May has contributed to...

04.17.2024

Broiler slaughter moves higher into May

Broiler slaughter moves higher into May

Animal proteins on Wednesday April 17 had modest range adjustments, with market sources calling the market, "quiet." Meat and bonemeal as well as bloodmeal remain under negative pressure, however,...

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