THCa markets have earned a reprieve from impending legislation that many stakeholders fear will make intoxicating hemp products illegal. Congress has once again agreed to extend the current Farm Bill for another year.
Chairman of the House Committee on Agriculture, Glenn Thompson, released the following
“The bill released this evening provides much needed relief for agriculture, including $10B in emergency economic aid, which will help address the significant losses incurred due to both weather and market related issues. This addition of economic support is an important financial bridge, one that will help mitigate the severe downturn in the agricultural economy.
“Looking ahead to the 119th Congress, I hope to move quickly to enact a five-year farm bill that aligns the farm safety net with the needs of producers, among many other…
01.17.2025
US renewable fuel production hits all-time high; biomass-based diesel output surges to capture end of BTC
The $1-per-gallon Blenders Tax Credit (BTC) ended on December 31, 2024. Monthly US renewable fuel production hit an all-time high of 1.96 billion gallons of fuel, generating 2.31 billion...
01.17.2025
Packer BFT ticks upward; most animal fats and oil markets close the week higher
Three cars of packer-grade bleachable fancy tallow (BFT) traded higher on Friday January 17, at 47 cents per lb, Chicago basis.
Outside of this trade, the US animal...
01.17.2025
Limited trade keeps US animal protein prices flat week on week
US animal proteins prices were generally flat for the week to Friday January 17, though prior price moves from last week for meat and bonemeal, bloodmeal and poultry by-product...