Weekly  Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

Organic Flower Prices Lack Expected Premiums

Certified organic flower has yet to achieve the pricing premiums typical for other crops.  There are exceptions to this and we’re aware of some transactions much higher than what we report, but they do not characterize the greater market.  We do not currently report indoor flower pricing, but our current hemp flower pricing serves as a benchmark from which premiums can accrue. 

Quality characteristics like color, density, structure, and terpene content/profile remain as the most significant traits in hemp flower markets.  This is true for all cannabis flower markets, regardless of THC content, even though organic markets have started to gain some traction.  We expect 20-40% premiums for certified organic cannabis flower, particularly as plant breeding improves agronomic traits of cannabis.

Extracts, which do not rely on appearance like…

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04.29.2024

Strong domestic biodiesel margins support rising crude glycerin inventory

Strong domestic biodiesel margins support rising crude glycerin inventory

Crude glycerin prices are holding steady to slightly lower in the week to Monday April 29, with improved biodiesel margins helping to keep the supply of glycerin strong.

04.29.2024

Gulf tallow prices higher; optimism builds for higher demand for June

Gulf tallow prices higher; optimism builds for higher demand for June

Tallow traded higher into the US Gulf market on Monday April 29, up to 41 cents per lb delivered. Outside of the Gulf market, trading was quiet with sources...

04.29.2024

Animal protein prices steady at start of the week

Animal protein prices steady at start of the week

US animal proteins were steady on Monday April 29. Limited trade was reported, with multiple market participants are expected to attend the Petfood Forum in Kansas City, Missouri, this...

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