Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary 

The Complex Politics of Cannabis

Hemp politics in Oregon are far from boring.  Oregon lawmakers saw an emerging hemp industry that came with a compelling backstory and was good for rural communities.  After legalizing MJ, embracing hemp was a breeze. 

This is not entirely the case though.  We recall Oregon State University’s hesitation to pursue cannabinoid hemp research in 2019, prior to the release of USDA hemp regulations when government agencies issued memos regularly, discussing hemp’s normalization within their spheres of influence. 

The DEA noted that seeds could be imported without their blessing.  Banking agencies said hemp was good to go.  Sort of.  TSA said, ‘bring it’, because cannabis isn’t squarely in their wheelhouse anyway, and travelers can travel with hemp extracts. 

This was the honeymoon period of hemp’s regulatory life, when…

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05.13.2024

US glycerin prices mostly steady amid increasing biodiesel production

US glycerin prices mostly steady amid increasing biodiesel production

Glycerin prices in the US were steady to slightly lower on Monday May 13. US biodiesel production has been increasing, boosting the supply of glycerin — a co-product of...

05.13.2024

Weekly cattle slaughter forecast to remain below 2023 levels into June

Weekly cattle slaughter forecast to remain below 2023 levels into June

US cattle slaughter
Fastmarkets research team forecast cattle slaughter at 630,000 head in the week to Saturday May 18, down by 1.61% compared with the same period in 2023.

05.13.2024

Six-week hog slaughter forecast to be flat or up from 2023

Six-week hog slaughter forecast to be flat or up from 2023

US hog slaughter
Fastmarkets research team forecast hog slaughter at 2.425 million head in the week to Saturday May 18, up by 0.75% from the same period in 2023.

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