05.15.2024
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...
Last Week’s Hemp Commentary
Hemp Energy
Hemp markets are quiet during this intraholiday week in the US, echoing many other commodity markets. Energy markets continue their steady gains earned over 2021 as global inventories are pressured, and a variety of factors continue to disrupt global supply chains.
Higher energy prices serve as a catalyst for renewable fuel markets, and will lend momentum to emerging hemp-based energy projects like the New Madrid, Missouri
The scope of hemp’s contribution to the energy sector isn’t apparent now but the upward trend in oil…