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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07.26.2024

US Court of Appeals sends SRE decision back to EPA; soyoil prices tumble on potentially lower biofuel demand

US Court of Appeals sends SRE decision back to EPA; soyoil prices tumble on potentially lower biofuel demand

On Friday July 26, the US Court of Appeals vacated at least some of the blanket small refinery exemption (SRE) denials made by the Environmental Protection Agency (EPA) in...

07.26.2024

Animal fats and oils trade freezes following soybean oil market drop on SRE report

Animal fats and oils trade freezes following soybean oil market drop on SRE report

Trading in the animal fats and oils market was quiet on Friday July 26; the California yellow grease market the only one to rise, with prices up to 31-32...

07.26.2024

Porcine bloodmeal, Missouri River, moves higher week on week; June commercial cattle, hog slaughter

Porcine bloodmeal, Missouri River, moves higher week on week; June commercial cattle, hog slaughter

US animal protein prices were highly mixed in the week to Friday July 26, with limited trade on both Thursday July 25 and on Friday. Porcine bloodmeal was the...

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