Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

SAFE Banking Debuts in Senate Committee

The 

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 is in the 
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 again after the U.S. Senate Banking Committee hosted a session to examine points of friction in the electorate.  The SAFE Banking Act has passed the U.S. House on seven occasions but has failed to gain committee leadership’s support to advance the debate in the Senate. 

Sen. Sherrod Brown (D-OH) hosted six witnesses representing diverging interests.  After Thursday’s…

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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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