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…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...