Cannabis Banking Bill Heads for Committee

Cannabis Banking Bill Heads for Committee

A revised bipartisan cannabis banking

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was filed in the Senate yesterday, but its chances in the House, where it has passed seven times previously, aren’t clear.  The bill is expected to clear the Senate Banking Committee handily next week, according to committee chair Sherrod Brown (D-OH).

The bill has been renamed the

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, or Secure and Fair Enforcement Regulation Banking Act.  Specific hemp language from Section 8 of the bill is shown below:

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03.01.2024

Cold, Winter Weather Impact January Soybean Crush

Cold, Winter Weather Impact January Soybean Crush

**Bob Lane was out of the office today and will return on Monday, March 4, 2024.**

U.S. soybean crushing volumes totaled 195 million bushels in January, the USDA reported on...

03.01.2024

Week Closes with Active Gulf Market

Week Closes with Active Gulf Market

Used cooking oil (UCO) traded as low as 39.5 cts/lb into the Gulf market with bids and offers heard in a wide range over the last 24 hours. Offers...

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Animal Proteins – Friday

Animal Proteins – Friday

The market was quiet today with no changes. 

Looking at the monthly averages in February, the markets were mixed in terms of price direction with intra-month volatility seen. 

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