Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary 

PanXchange Announces Dissolution 

PanXchange, a U.S.-commodities trading platform and an early mover in hemp markets, has announced it will discontinue operations.  Julie Lerner, founder of PanXchange, announced the closure on her LinkedIn profile:

“It is with deep remorse to announce that 

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 is closing its doors. In PanXchange’s history, our addressable market was always restricted to…

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04.26.2024

P66 Rodeo to begin producing SAF in Q3

P66 Rodeo to begin producing SAF in Q3

Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...

04.26.2024

Slower Gulf demand weighs on animal fats market

Slower Gulf demand weighs on animal fats market

Limited volumes of choice white grease traded at steady prices on Friday April 26, while trading was very quiet outside of the choice white grease market.

Price direction in...

04.26.2024

Porcine bloodmeal FOB Missouri River price drops week on week

Porcine bloodmeal FOB Missouri River price drops week on week

Limited trade was reported on Friday April 26 for US animal proteins, while prices widened downward.

Fastmarkets assessed bloodmeal, porcine, fob Iowa/Missouri/Nebraska at $1,025-1,150 per short ton on...

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