SAFER Banking Clears Senate Committee

SAFER Banking Clears Senate Committee

Last week we reported on the revised cannabis banking bill, the SAFER Banking Act, bound for the Senate Banking Committee.  The bill was cosponsored by Senators Steve Daines (R-MT) and Senator Jeff Merkley (D-OR).  Committee Chair Senator Sherrod Brown (D-OH) spoke at the outset of a September 27 meeting, where the committee ultimately voted 14-9 to advance the legislation.

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11.22.2024

Biodiesel margins rise, but window of opportunity limited

Biodiesel margins rise, but window of opportunity limited

Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.

11.22.2024

Gulf prices average higher despite weeklong declines in SBO

Gulf prices average higher despite weeklong declines in SBO

For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...

11.22.2024

Bloodmeal largest price mover week on week; November cattle on feed higher

Bloodmeal largest price mover week on week; November cattle on feed higher

US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...

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