Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

National Policy Change Key to Progress in Fractious Hemp Industry

field of hemp advocacy organizations in the U.S. has been heavily populated, with organizations operating independently from one another in the national sphere. Historically, these organizations have struggled to collaborate, but several key organizations have sought to align their policy stances to present a unified front to congress. 

“We heard Members of Congress and their staff asking for unity in the hemp industry, and we took action,” said Patrick Atagi, President and CEO of the National Industrial Hemp Council. “The industry is now speaking with a unified voice.”…

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11.21.2024

Domestic US biodiesel blending helps lift October RFS RIN production

Domestic US biodiesel blending helps lift October RFS RIN production

US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...

11.21.2024

CWG trades lower as broader animal fats markets hold steady

CWG trades lower as broader animal fats markets hold steady

The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...

11.21.2024

October commercial cattle, hog production above 2023

October commercial cattle, hog production above 2023

US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...

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