Weekly Hemp Recap

Weekly Hemp Recap

Last Weeks Hemp Commentary

Hemp Flower Markets Ride on the Coattails of MJ

The emergence of the hemp industry has been closely tied to existing cannabis markets.  No surprise, since THC content is the only attribute separating the two major types of Cannabis spp. – at least from a legal standpoint.  The reality is that cannabis exists on a broad spectrum with stout, resinous, cannabinoid-rich hemp on one end, and leggy fiber types at the other.  This botanical connection does not imply one in the greater marketplace, where hemp prices are independent of existing MJ markets.   

There is appreciable overlap in the pan-cannabis sector though, in regard to the science, technology, marketing conventions, packaging, vendors, and overall business culture.  Examples include the widely used kilogram as the unit for hemp extract markets, in lieu of the more volumetrically appropriate liter.  A…

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05.15.2024

Soybean oil stocks fall with slowing April crush

Soybean oil stocks fall with slowing April crush

The soybean crush totaled 166.034 million bushels, down by 15% from a record of 196.406 million bushels in March and down by 4% from 173.232 million bushels crushed in...

05.15.2024

Animal fat prices steady; DCO production rises week on week

Animal fat prices steady; DCO production rises week on week

Prices for animal fats were flat on Wednesday May 15 with limited trade volume reported while several participants indicated they had traded ahead of the current week due to...

05.15.2024

Poultry by-product pet-grade prices lower in US Southeast, mid-South

Poultry by-product pet-grade prices lower in US Southeast, mid-South

Animal protein prices were steady to lower on Wednesday May 15, with several participants returning from Fastmarkets Biofuels & Feedstocks Event in Chicago for the day.

Fastmarkets price...

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