Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

 

Litigation Amidst a Regulatory Vacuum

 

The hemp industry is undergoing rapid change.  This isn’t news to Hemp Bulletin readers, many of whom are “living it”. There really is no parallel in recent history, though there are similarities to the dot-com boom of the nineties.  Investors were flooding into the hemp space in 2018/2019, unaware of the volatility that would characterize the upstart sector in its first year as a legal crop, with accompanying collapse of CBD hemp prices.

 

That volatility was one factor in the precipitous losses seen with publicly traded companies, some of which are shedding hemp assets while simultaneously acquiring them, as seen with Aurora’s acquisition of US CBD…

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05.06.2024

Strong biodiesel production seen weighing on crude glycerin prices

Strong biodiesel production seen weighing on crude glycerin prices

The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...

05.06.2024

Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team

Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team

Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...

05.06.2024

Year-to-date commercial cattle production falls 2.30% y-o-y

Year-to-date commercial cattle production falls 2.30% y-o-y

US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.

US hog slaughter
Fastmarkets research...

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