Last Week’s Hemp Commentary
NASDA Renews Support for 1% THC Threshold
The entire definition of hemp is underpinned by a .3 percent THC limit that is completely arbitrary. We’ve heard stories about how the figure came to be, with the most likely origin being part of Canada’s efforts to normalize hemp production.
When the 2018 Farm Bill was passed, hemp stakeholders could not see around the corner, viewing the .3 percent figure within the context of political expediency. As the hemp-derived cannabinoid segment emerged as the key market segment for hemp, the .3 percent limit became an immediate issue.
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05.01.2024
Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023
The consumption of renewable diesel (RD) in California reached a new milestone in 2023, with RD blending surpassing that of petroleum diesel for the first time. Data released on...
05.01.2024
Distillers’ corn oil production moves higher
Four cars of technical tallow traded lower on Wednesday May 1, down to 47 cents per lb Chicago basis.
Used cooking oil (UCO) and yellow grease traded...
05.01.2024
Animal protein prices steady amid avian flu outbreak
US animal protein prices were steady or up on Wednesday May 1 amid limited reported trade, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, this...