Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

2022 Ushers in New Lab Requirements

Analytical testing is essential to all cannabis supply chains, regardless of the cannabinoid profile.  It is also complex, and within the context of hemp markets, is an ongoing problem from a policy standpoint and a markets standpoint. 

From a policy standpoint, unclear THC testing standards and varying lab equipment sensitivity create considerable risk.  The implementation of USDA Hemp Rules will level the playing field insofar as testing.  Some states have historically accommodated operators with generous rounding.  In some cases, as much as .39% THC was rounded down to .3%. 

From the market’s perspective, a lack of standardization in analytical testing creates splintered markets that more resemble state MJ markets.  Hemp is in fact the first to require standardization at the federal level, revealing all the shortcomings of the most…

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01.15.2025

DOE, USDA release updated GREET, CSA models

DOE, USDA release updated GREET, CSA models

On Wednesday January 15, the US Department of Energy (DOE) released the long-awaited update to the Greenhouse Gases, Regulated Emissions and Energy Use in Transportation (GREET) model, now called...

01.15.2025

US animal fats and oils markets climb, tracking gains in vegoils, energy complex

US animal fats and oils markets climb, tracking gains in vegoils, energy complex

After a relatively slow start to the week, trading in the US animal fats and oils markets gained momentum on Wednesday January 15, driven by developments in the macroeconomic...

01.15.2025

Limited trade keeps most animal protein prices flat; December NOPA crush pressures soybean meal

Limited trade keeps most animal protein prices flat; December NOPA crush pressures soybean meal

Limited trade volume was reported to Fastmarkets on Wednesday January 15, with most US animal protein trade prices remaining rangebound for the day, according to market sources.

The...

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