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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05.06.2024

Strong biodiesel production seen weighing on crude glycerin prices

Strong biodiesel production seen weighing on crude glycerin prices

The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...

05.06.2024

Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team

Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team

Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...

05.06.2024

Year-to-date commercial cattle production falls 2.30% y-o-y

Year-to-date commercial cattle production falls 2.30% y-o-y

US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.

US hog slaughter
Fastmarkets research...

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