Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

Major Beverage Makers Press Forward

Beverage companies have been moving forward with the development of CBD infused beverages in select markets.  

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 show a sales increase of 89% in this segment as of last summer.  Major beverage brands have targeted test markets in Canada, as well as major cannabis markets California and Colorado.  In the inaugural hemp production year, 2019, the collective cannabinoid hemp industry believed that beverages would drive substantial demand. Regulatory uncertainty precluded meaningful expansion and falling hemp prices…

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05.14.2024

LCFS credit trading volumes, prices decline on week

LCFS credit trading volumes, prices decline on week

California Low Carbon Fuel Standard (LCFS) credit volumes declined sharply while the average credit price moved lower in the week ended Sunday May 12, according to the figures released...

05.14.2024

Animal fats prices steady on the week; Weekly average DCO 36.89% under three year average

Animal fats prices steady on the week; Weekly average DCO 36.89% under three year average

Animal fats prices were flat on Tuesday May 14, with limited trade volume reported. Several participants indicated doing trade ahead of the current week due to the Fastmarket’s Biofuels...

05.14.2024

Dog, cat food exports for Q1 2024 drop in price, volume year on year

Dog, cat food exports for Q1 2024 drop in price, volume year on year

Animal proteins prices were steady to lower on Tuesday May 14, with limited trade volume reported. Several participants indicated doing trade ahead of the current week due to the...

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