Last Week’s Hemp Commentary
Germany cannabis legalization a new test for EU
Europe’s cannabis policy landscape is set for substantial changes as the EU’s largest economy, Germany, recently adopted the most liberal policy on the continent. Lawmakers in the Bundesrat (Upper House) voted last week to make up to 25 grams legal for personal use, starting April 1. Luxembourg and Malta legalized recreational cannabis in 2023 and 2021, respectively.
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11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...