THC Continues to Cast a Shadow on Hemp Sector
The successful hemp flower segment is the most visible aspect of hemp production for law enforcement, many of whom have lamented the complication that hemp flower has added to illicit MJ enforcement. Hemp flower prices have made the market very attractive to small farmers. Legal issues will generate persistent headwinds for hemp, arising from the cannabinoids side, but casting a shadow on the fiber and hempseed segments. Enormous risk will still confront operators, regardless of any movement to 1% total THC.
That risk is not equitably distributed around the country, due to local policy or enforcement, but also because states are operating on different standards for THC compliance. States that are operating under approved USDA plans are subject to the more stringent total THC…
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...