Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary 

NIHC Business Summit

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 2021 Business Summit wrapped up today in Washington, D.C.  The conference attracted a novel cross-section of attendees with some involved in hemp cultivation and processing, but largely attended by those in ancillary services, advocacy, university research, federal agencies, or lobbying.  

We attended the NIHC inaugural conference in Portland, OR in the summer of 2019, where we connected with an impressive group of bankers, attorneys, public policy wonks, and private capital firms, among the mélange of professionals in attendance.  The number of DC veterans was noteworthy. 

DC wasn’t a random venue chosen for NIHC’s return to an in-person conference format this week, after a 2-year pandemic hiatus.   Several guest speakers were zoomed in from a remote…

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04.26.2024

P66 Rodeo to begin producing SAF in Q3

P66 Rodeo to begin producing SAF in Q3

Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...

04.26.2024

Slower Gulf demand weighs on animal fats market

Slower Gulf demand weighs on animal fats market

Limited volumes of choice white grease traded at steady prices on Friday April 26, while trading was very quiet outside of the choice white grease market.

Price direction in...

04.26.2024

Porcine bloodmeal FOB Missouri River price drops week on week

Porcine bloodmeal FOB Missouri River price drops week on week

Limited trade was reported on Friday April 26 for US animal proteins, while prices widened downward.

Fastmarkets assessed bloodmeal, porcine, fob Iowa/Missouri/Nebraska at $1,025-1,150 per short ton on...

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