Hemp Flower Markets
Hemp flower markets are following The Jacobsen’s forecasted trend, gaining consistently over the period since our June forecast published in late last month. The July forecast for hemp prices will be released next week. We are yet to see significant premiums with certified organic flower, but this channel is underdeveloped, there hasn’t been sufficient certified organic inventory to consistently fuel the supply chain. Quality factors, and uniqueness are key determiners for consumer demand, and “organic” is applied to much of the product on the market. “Raised organically” or “produced without any……” are commonly used marketing language. We expect the certified organic flower market to expand some in 2021.
As far as demand,…
05.06.2024
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
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
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...