Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

Professional Services Help to Normalize Hemp Sector

The hemp industry is in a perpetual state of normalizing various aspects of production, processing, transportation, and banking, to name just a few.  Part of that process is external policy development that hemp operators must anticipate, or in some cases, adapt to.  This is the case for flower production in states that have or are in the process of disallowing hemp flower production or sales.  Hemp flower prices have been instrumental to small farmer’s solvency over the last year.

One aspect of the industries’ development is the emergence of vendors along a sparse value chain, one that has encouraged self-sufficiency and vertical integration.  Contract cannabinoid extraction, or tolling, emerged early as an option, and allowed extraction operators to maximize revenues and…

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11.21.2024

Domestic US biodiesel blending helps lift October RFS RIN production

Domestic US biodiesel blending helps lift October RFS RIN production

US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...

11.21.2024

CWG trades lower as broader animal fats markets hold steady

CWG trades lower as broader animal fats markets hold steady

The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...

11.21.2024

October commercial cattle, hog production above 2023

October commercial cattle, hog production above 2023

US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...

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