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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05.20.2024

Strong feed demand boosts choice white grease market

Strong feed demand boosts choice white grease market

Choice white grease (CWG) prices rose on Monday May 20, supported by the market expectation of tighter supply heading into the long holiday weekend in the US and on...

05.20.2024

Lower cattle herd expectations signal tightening cattle products

Lower cattle herd expectations signal tightening cattle products

US animal proteins were steady on Monday May 20, with limited trade reported and most testing the pre-holiday market.

US cattle slaughter and CME cattle futures
Fastmarkets’ research...

05.20.2024

Central Illinois soybean crush margins rebound from previous low

Central Illinois soybean crush margins rebound from previous low

Chicago Mercantile Exchange (CME) grain prices shifted higher across the board on Monday May 20.

The July soybean futures contract increased by 20 cents per bushel to settle...

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