Over the course of the next several years, cannabinoid hemp markets, or cannabinoid markets altogether, will be defined by policy and research. West Coast legislation like Oregon’s HB3000 and California’s AB45 will inevitably shape national markets. New York is also a key player in the cannabis policy sandbox, but California is years ahead of the Empire State, and hosts a massive adult use market.
Do hempseed or fiber have a future in states like California, states where farmers have almost exclusively focused on cannabinoids? Demand sectors will play a major role here, and with fiber hemp, a widely dispersed model is a good fit for bulky goods. California is the largest US producer of Pima cotton, generating several billion dollars annually.
California has shed tens of thousands of those
04.29.2024
Strong domestic biodiesel margins support rising crude glycerin inventory
Crude glycerin prices are holding steady to slightly lower in the week to Monday April 29, with improved biodiesel margins helping to keep the supply of glycerin strong.
04.29.2024
Gulf tallow prices higher; optimism builds for higher demand for June
Tallow traded higher into the US Gulf market on Monday April 29, up to 41 cents per lb delivered. Outside of the Gulf market, trading was quiet with sources...
04.29.2024
Animal protein prices steady at start of the week
US animal proteins were steady on Monday April 29. Limited trade was reported, with multiple market participants are expected to attend the Petfood Forum in Kansas City, Missouri, this...