Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

Panda Biotech Lands Extension for Municipal Funding

Panda Biotech, the Dallas-based corporation developing a high-throughput hemp fiber processing facility, has received another key extension to reach job creation goals established by the Wichita Falls, Texas City Council.  The council voted unanimously to extend the incentive package to August 2026, by which time the company plans to fill 50 full-time positions.

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07.25.2024

DGD financial outlook improves despite lower Q2 margins

DGD financial outlook improves despite lower Q2 margins

US renewable diesel major Diamond Green Diesel (DGD), a 50:50 joint venture between Valero Energy and Darling Ingredients, reported on Thursday July 25 a continued weakening in operating income...

07.25.2024

US Gulf tallow prices boosted by limited spot supply, strong Chicago market

US Gulf tallow prices boosted by limited spot supply, strong Chicago market

Tallow with max 20% free fatty acids (FFA) traded at 51 cents per lb delivered US Gulf on Thursday July 25, following trades earlier this week at that price.

07.25.2024

Animal protein values flat; June poultry slaughter below traditional trends

Animal protein values flat; June poultry slaughter below traditional trends

US animal proteins values were indicated as rangebound on Thursday July 25, with light trade volume reported from multiple market sources.

US broiler slaughter
Fastmarkets' research team...

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