Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

Hemp Investment Increases 215 Percent in 2023

Hemp companies face considerable headwinds to achieving profitability.  Broader economic conditions are partly responsible.  Costs have increased, consumer discretionary income has shrunk, and the cost to borrow money has soared following rate increases by the Federal Reserve.

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05.14.2024

LCFS credit trading volumes, prices decline on week

LCFS credit trading volumes, prices decline on week

California Low Carbon Fuel Standard (LCFS) credit volumes declined sharply while the average credit price moved lower in the week ended Sunday May 12, according to the figures released...

05.14.2024

Animal fats prices steady on the week; Weekly average DCO 36.89% under three year average

Animal fats prices steady on the week; Weekly average DCO 36.89% under three year average

Animal fats prices were flat on Tuesday May 14, with limited trade volume reported. Several participants indicated doing trade ahead of the current week due to the Fastmarket’s Biofuels...

05.14.2024

Dog, cat food exports for Q1 2024 drop in price, volume year on year

Dog, cat food exports for Q1 2024 drop in price, volume year on year

Animal proteins prices were steady to lower on Tuesday May 14, with limited trade volume reported. Several participants indicated doing trade ahead of the current week due to the...

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