Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

 

Latest Word from FDA

The FDA reported to Congress last week, and very little useful information can be gleaned from this most recent round of guidance.  The report emphasized that the agency continues to lack comprehensive data on various aspects of CBD safety.  The agency performed some potency and safety testing in the years leading up to the passage of the 2018 Farm Bill, and another round in 2019. Products identified for 2019 testing included those marketed with disease claims and products intended for vulnerable populations. Products tested were marketed as tinctures/oils, capsules/powders, edibles, beverages, and pet treats or food.

 

 The agency found that 33% of the products they tested contained within 20% of advertised potency, and further found that 4 of 10…

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04.26.2024

P66 Rodeo to begin producing SAF in Q3

P66 Rodeo to begin producing SAF in Q3

Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...

04.26.2024

Slower Gulf demand weighs on animal fats market

Slower Gulf demand weighs on animal fats market

Limited volumes of choice white grease traded at steady prices on Friday April 26, while trading was very quiet outside of the choice white grease market.

Price direction in...

04.26.2024

Porcine bloodmeal FOB Missouri River price drops week on week

Porcine bloodmeal FOB Missouri River price drops week on week

Limited trade was reported on Friday April 26 for US animal proteins, while prices widened downward.

Fastmarkets assessed bloodmeal, porcine, fob Iowa/Missouri/Nebraska at $1,025-1,150 per short ton on...

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