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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11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...