European CBD Market

European CBD Market

Europe has emerged as one of the strongest global markets for cannabinoids sourced from hemp, worth $489,000 USD.  European consumers are increasingly using CBD regularly, but cannabinoid production and extraction there differs from the US.  The EU has placed CBD in the “novel foods” category, compelling manufacturers to apply for approval to sell a range of products.  As with the US, where states have varying approaches to regulation and…

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05.17.2024

Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts

Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts

The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...

05.17.2024

Animal fat average prices rise week on week

Animal fat average prices rise week on week

Only light trade was reported for most of the week, with several market participants attending the Fastmarkets Biofuels & Feedstocks event in Chicago on May 13-15.

Fastmarkets’ price...

05.17.2024

Animal protein prices steady to lower week on week

Animal protein prices steady to lower week on week

US animal protein prices were steady to lower week on week on Friday May 17. Only light trade was reported for most of the week with several market participants...

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