Last Week’s Hemp Commentary
DEA Takes Controversial Position on Cannabinoids
The U.S. Drug Enforcement Agency has had an ancillary role in the newly legal hemp industry. Hemp and marijuana are technically separated by a tiny margin. Below 0.3% hemp, everything above, marijuana. Nothing has been this simple in the rolling out of a nationwide hemp industry, but the chaos existed in agencies also, like the DEA and USDA, who uniquely collided on an issue that was unfamiliar territory for both. The USDA administrates the National Hemp Program.
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11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...