Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

Minnesota Regulators Formulate Enforcement Plan For Hot Hemp Flower

Fastmarkets reported on the meeting scheduled last week with Minnesota law enforcement, regulators and state agencies to discuss the policy gaps that led to the sale of “hot” hemp flower with high levels of THC.  By other interpretations, it is virtually identical to the high-potency cannabis sold in dispensaries. Total THC content of premium hemp flower currently on the market ranges from 20-25 percent. The problems facing Minnesota regulators are a result of inadvertent gaps in oversight created by recently enacted state legislation. 

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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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