Speculation swirls around the U.S. Department of Health and Human Services (HHS) recommendations to the U.S. Drug Enforcement Administration (DEA) on cannabis rescheduling. HHS is believed to have advised DEA to move cannabis from Schedule I to Schedule III.
The Jacobsen – Fastmarkets previously reported on President Biden’s directive to HHS to evaluate current cannabis scheduling and make recommendations. The move to Schedule III would have a dramatic impact on cannabis markets. For example, cannabis businesses would be able to take standard tax deductions that they currently cannot use.
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02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...