Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

Hemp Flower in Texas

Like most states policymaking on the fly for hemp, Texas has had its fair share of challenges.  Notably, hemp flower has made the most waves for legislators and law enforcement.  All states, particularly those with nascent cannabis programs, medical or otherwise – or those with none at all – have been forced to address the federally legal product that is virtually identical to MJ: hemp flower.     

European markets were more developed in 2019, when federal law here in the US first allowed for hemp production nationwide.  Switzerland had a healthy craving for Oregon grown hemp flower, and a 1% THC limit to go along with it.   Export complications were circumvented via private jet, where only recently have we heard of 

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05.17.2024

Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts

Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts

The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...

05.17.2024

Animal fat average prices rise week on week

Animal fat average prices rise week on week

Only light trade was reported for most of the week, with several market participants attending the Fastmarkets Biofuels & Feedstocks event in Chicago on May 13-15.

Fastmarkets’ price...

05.17.2024

Animal protein prices steady to lower week on week

Animal protein prices steady to lower week on week

US animal protein prices were steady to lower week on week on Friday May 17. Only light trade was reported for most of the week with several market participants...

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