Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

Florida Legislators Target Hemp-derived Cannabinoids

Florida is one of the latest states poised to shut down the intoxicating hemp-derived cannabinoid market. The Florida House voted yesterday to adopt the legislation that would reclassify isomers like delta-8 THC as non-hemp substances.

Proponents of the bill cite increased community safety, especially from provisions that forbid companies from marketing products that are appealing to children. Many of these are virtually identical to commonly available candies in the marketplace. 

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06.24.2024

Stable biodiesel production leaves supply, prices unchanged in crude glycerin market

Stable biodiesel production leaves supply, prices unchanged in crude glycerin market

Glycerin prices held steady on Monday June 24, with producers and traders reporting little change to begin the week.

Crude glycerin traders were quoting the market in the...

06.24.2024

Cattle slaughter continues to lag 2022, 2023 levels

Cattle slaughter continues to lag 2022, 2023 levels

Six cars of technical tallow traded at 54 cents per lb Chicago on Monday June 24, and separately two cars of edible tallow traded up to 56 cents per...

06.24.2024

Hog slaughter slightly higher into July; May cattle placed on feed higher

Hog slaughter slightly higher into July; May cattle placed on feed higher

The US domestic protein market was quiet on Monday June 24, with no price changes reported.

US hog slaughter
Fastmarkets’ research team forecasts hog slaughter at 2.38 million...

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