Key hemp provisions included in 2024 Farm Bill draft

Key hemp provisions included in 2024 Farm Bill draft

While governors across the country sign legislation making many hemp-derived cannabinoids explicitly illegal, new legislation is emerging in Congress to address the unfinished business of hemp policymaking.  House leaders presented the draft

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on Friday, containing key revisions to hemp laws.

Building on

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– the Industrial Hemp Act of 2023 – the hemp provisions in the 2024 Farm Bill are meant to separate industrial hemp from floral hemp grown for cannabinoids.   Growers of hemp for fiber are subject to the same testing and inspection requirements as those growing floral hemp for extraction or raw flower sales.

The THC contained in a hemp field in rural Montana has no practical value as an intoxicant.  However, it may…

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07.05.2024

US BOHO spread rises 45%; RINs not keeping pace

US BOHO spread rises 45%; RINs not keeping pace

The soybean oil/heating oil spread (BOHO) in the US rocketed 45% higher this week on rising soybean oil costs. The BOHO is a common metric used to gauge the...

07.05.2024

Fats, oils close holiday week with marginal price moves

Fats, oils close holiday week with marginal price moves

Trading in the animal fats and waste oils market was mostly quiet in the week to Friday July 5 due to the Independence Day holiday on Thursday July 4.

07.05.2024

Poultry by-product pet food grade largest mover week on week

Poultry by-product pet food grade largest mover week on week

Values were highly mixed in US animal proteins for the week. This was due to the Independence Day holiday on Thursday July 4, creating wider ranges on several products.

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