Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary 

PanXchange Announces Dissolution 

PanXchange, a U.S.-commodities trading platform and an early mover in hemp markets, has announced it will discontinue operations.  Julie Lerner, founder of PanXchange, announced the closure on her LinkedIn profile:

“It is with deep remorse to announce that 

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 is closing its doors. In PanXchange’s history, our addressable market was always restricted to…

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05.15.2024

Soybean oil stocks fall with slowing April crush

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...

05.15.2024

Animal fat prices steady; DCO production rises week on week

Animal fat prices steady; DCO production rises week on week

Prices for animal fats were flat on Wednesday May 15 with limited trade volume reported while several participants indicated they had traded ahead of the current week due to...

05.15.2024

Poultry by-product pet-grade prices lower in US Southeast, mid-South

Poultry by-product pet-grade prices lower in US Southeast, mid-South

Animal protein prices were steady to lower on Wednesday May 15, with several participants returning from Fastmarkets Biofuels & Feedstocks Event in Chicago for the day.

Fastmarkets price...

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