SAFER Banking Clears Senate Committee

SAFER Banking Clears Senate Committee

Last week we reported on the revised cannabis banking bill, the SAFER Banking Act, bound for the Senate Banking Committee.  The bill was cosponsored by Senators Steve Daines (R-MT) and Senator Jeff Merkley (D-OR).  Committee Chair Senator Sherrod Brown (D-OH) spoke at the outset of a September 27 meeting, where the committee ultimately voted 14-9 to advance the legislation.

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09.06.2024

Signs of US economic downturn send ULSD prices to 3-year low

Signs of US economic downturn send ULSD prices to 3-year low

Shifting economic conditions are raising the possibility of a US recession. The US Bureau of Labor Statistics (BLS) released the jobs report on Friday September 6, which showed that...

09.06.2024

US fat market slides on pressure from soybean oil, energy complex

US fat market slides on pressure from soybean oil, energy complex

Used cooking oil (UCO), distillers’ corn oil (DCO) and yellow grease all traded lower on Friday September 6 due to pressure from the sinking heating oil and soybean oil...

09.06.2024

Sluggish trade volume keeps weekly animal protein prices flat

Sluggish trade volume keeps weekly animal protein prices flat

US animal protein prices were steady on Friday September 6, with market participants indicating light traded volumes for products.

Weekly wrap-up
Prices for US animal proteins were little...

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