Weekly Hemp Recap

Weekly Hemp Recap

Chase Hubbard | 09.20.2021 | Jacobsen

Last Week’s Hemp Commentary 

California Hemp/CBD Legislation Perceived as Threat to Small Hemp Farmers

Controversy lingers in California over hemp and CBD legislation – AB45 – which continues to pose a threat to craft flower producers there.  Hemp Today 

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 that final wording in the bill effectively makes flower illegal, indefinitely, until a tax scheme is developed for inhalable products.  Our 
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 in the Hemp Bulletin published the day prior also noted this, but with emphasis on vape products, which cannot be construed as anything other than an inhalable product. 

The legislation headed for Gov. Gavin Newsome’s desk is outlined in the most recent 

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05.15.2024

Soybean oil stocks fall with slowing April crush

Soybean oil stocks fall with slowing April crush

The soybean crush totaled 166.034 million bushels, down by 15% from a record of 196.406 million bushels in March and down by 4% from 173.232 million bushels crushed in...

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05.15.2024

Animal fat prices steady; DCO production rises week on week

Animal fat prices steady; DCO production rises week on week

Prices for animal fats were flat on Wednesday May 15 with limited trade volume reported while several participants indicated they had traded ahead of the current week due to...

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05.15.2024

Poultry by-product pet-grade prices lower in US Southeast, mid-South

Poultry by-product pet-grade prices lower in US Southeast, mid-South

Animal protein prices were steady to lower on Wednesday May 15, with several participants returning from Fastmarkets Biofuels & Feedstocks Event in Chicago for the day.

Fastmarkets price...

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