All eyes are on the upcoming transition to a Biden/Harris administration. This is certainly the case with the emerging hemp sector, after slogging through significant headwinds in 2020. The pan-cannabis sector has plenty to be excited about with inevitable policy changes on the horizon.
The Department of Justice – overseen by the Attorney General – is a pivotal role as the US navigates cannabis policy reform. As noted in yesterday’s commentary, the predominant agency culture of DOJ was established at the outset of Jeff Sessions tenure. Sessions is known for his disdain for cannabis markets, and this has helped to keep outdated views on the crop entrenched at the agency, regardless of the emergence of the legitimate hemp industry. The DOJ is amidst a crisis after the President attacked prosecutors, the FBI, and judges, while also eroding confidence in DOJ…
12.27.2024
US RD, SAF supplies remain strong despite declining import volumes
US supplies of sustainable aviation fuel (SAF) fell sharply in November but reached the highest November volume on record, according to data released on Thursday December 26 by the...
12.27.2024
Animal fats and oils end week steady amid holiday-limited trades
The US animal fats and oils markets held steady on Friday December 27, with limited trades persisting due to the holiday season.
Weekly averages were unchanged from the prior week...
12.27.2024
Relative prices of US meat and bonemeal rise amid depressed soybean meal market: 2024 recap
US animal protein prices were steady to lower on Friday December 27. Some participants reported distressed loads in the market late in the afternoon of Thursday December 26 and...