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Weekly Hemp Recap

Chase Hubbard | 01.19.2021 | Jacobsen

Last Week’s Hemp Commentary

California and New York Grapple with Cannabis Policy

Adult use and medical cannabis are now generating over

Membership required to view content. in the US and generating hundreds of millions in tax revenues for states with legal cannabis programs. California’s adult use program likely surpassed $4 billion in 2020. Cannabis is big business in California, and hemp not only cuts into profits, but it also exposes the industry to considerable risk from cross-pollination. The issue of cross-pollination has yet to be confronted in California, or anywhere really. Current research may help guide policy, but it will take some years to develop intelligent regulations that allow both MJ and hemp to coexist in the field. Coexisting in markets in…

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11.22.2024

Biodiesel margins rise, but window of opportunity limited

Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.

11.22.2024

Gulf prices average higher despite weeklong declines in SBO

For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...

11.22.2024

Bloodmeal largest price mover week on week; November cattle on feed higher

US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...

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Weekly Hemp Recap

Last Week’s Hemp Commentary

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