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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07.25.2024

DGD financial outlook improves despite lower Q2 margins

DGD financial outlook improves despite lower Q2 margins

US renewable diesel major Diamond Green Diesel (DGD), a 50:50 joint venture between Valero Energy and Darling Ingredients, reported on Thursday July 25 a continued weakening in operating income...

07.25.2024

US Gulf tallow prices boosted by limited spot supply, strong Chicago market

US Gulf tallow prices boosted by limited spot supply, strong Chicago market

Tallow with max 20% free fatty acids (FFA) traded at 51 cents per lb delivered US Gulf on Thursday July 25, following trades earlier this week at that price.

07.25.2024

Animal protein values flat; June poultry slaughter below traditional trends

Animal protein values flat; June poultry slaughter below traditional trends

US animal proteins values were indicated as rangebound on Thursday July 25, with light trade volume reported from multiple market sources.

US broiler slaughter
Fastmarkets' research team...

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