Cannabis policy at federal level is not advancing currently, amidst a full slate of other issues. Senators, in particular, lack the bandwidth currently to address cannabis in standalone legislation, but budgets are shaping up to provide protections for medical marijuana programs and for financial institutions that bank cannabis operators. Cannabis policy shifts can have significant impacts on the hemp side, though hemp prices are not expected to change dramatically in the wake of federal legalization. Free markets willincrease demand for hemp flower and various cannabinoid products.
The House Appropriations Financial Services and General Government (FSGG) Subcommittee approved a bill that funds different government agencies for FY 2022. Per
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02.26.2025
US animal fats and oils prices steady as weaker RINs, energy markets weigh on sentiment
The US animal fats and oils markets held mostly steady on Wednesday February 26 as sentiment softened amid expectations that prices may have little room left to move higher,...
02.26.2025
Single species MBM prices rise; mixed species MBM continues to lag
Porcine meat and bone meal (MBM) prices were higher on Wednesday February 26, trading up to $280 per ton FOB Missouri River and Eastern Iowa/Illinois.
Sources reported that...
02.26.2025
US weekly ethanol production drops; stocks hit 4-year high
US weekly average ethanol production decreased to 1.081 million barrels per day in the week to February 21, according to the US Energy Information Administration (EIA) report released on...