Optimism
There is much to be optimistic about in hemp markets and hemp prices in 2021, and throughout the ‘Roaring Twenties’ to come. A new administration has sown hope among those active in the cannabis space, including hemp and MJ. The arbitrary line that separates the two is blurring, as society reaches an inflection point with regards to cannabis acceptance. This process will accelerate over the coming years, driven by medical and adult use. The many other cannabinoids will tag along, as consumers embrace a wide spectrum of cannabinoids for therapeutic uses.
2021 will see more consolidation than we’ve seen in 2020. PPP funding provided a lifeline for some operators and helped others to continue to improve efficiencies and broaden product offerings. Those that do not have the…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...