Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

Panda Biotech Seeks Additional Funding

As Panda Biotech’s Hemp Gin commissioning in Wichita Falls, Texas progresses, the company has sought more funding for the development of the former Delphi facility.  The company has applied for a PACE loan, through the Property Assessed Clean Energy program.  These loans are intended to increase energy efficiency by retrofitting older facilities.

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03.01.2024

Cold, Winter Weather Impact January Soybean Crush

Cold, Winter Weather Impact January Soybean Crush

**Bob Lane was out of the office today and will return on Monday, March 4, 2024.**

U.S. soybean crushing volumes totaled 195 million bushels in January, the USDA reported on...

03.01.2024

Week Closes with Active Gulf Market

Week Closes with Active Gulf Market

Used cooking oil (UCO) traded as low as 39.5 cts/lb into the Gulf market with bids and offers heard in a wide range over the last 24 hours. Offers...

03.01.2024

Animal Proteins – Friday

Animal Proteins – Friday

The market was quiet today with no changes. 

Looking at the monthly averages in February, the markets were mixed in terms of price direction with intra-month volatility seen. 

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