Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary 

Lifecycle Analysis and Carbon Banks

We have routinely discussed the Biden administration’s climate agenda, within the context of hemp production, and agriculture at large.   At the core of this is the establishment of a federally managed carbon bank.  Carbon banks have languished historically, with smaller companies like Indigo Ag making some headway into selling credits to proactive corporations mindful of their carbon footprint.  A carbon credit is one metric ton (MT) of CO2

But initiatives like Indigo Ag and Nori are limited in scope and contend with the fractured marketplace for carbon credits.  Forces that destabilize hemp markets also impact carbon markets.  In both spheres, participants are creating markets from the ground up, ones that are reliant on extensive knowledge or technology that we don’t yet possess.  The lack…

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06.24.2024

Stable biodiesel production leaves supply, prices unchanged in crude glycerin market

Stable biodiesel production leaves supply, prices unchanged in crude glycerin market

Glycerin prices held steady on Monday June 24, with producers and traders reporting little change to begin the week.

Crude glycerin traders were quoting the market in the...

06.24.2024

Cattle slaughter continues to lag 2022, 2023 levels

Cattle slaughter continues to lag 2022, 2023 levels

Six cars of technical tallow traded at 54 cents per lb Chicago on Monday June 24, and separately two cars of edible tallow traded up to 56 cents per...

06.24.2024

Hog slaughter slightly higher into July; May cattle placed on feed higher

Hog slaughter slightly higher into July; May cattle placed on feed higher

The US domestic protein market was quiet on Monday June 24, with no price changes reported.

US hog slaughter
Fastmarkets’ research team forecasts hog slaughter at 2.38 million...

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