05.16.2024
Animal fat prices steady on limited volume traded
Fastmarkets price assessment for edible tallow, fob Chicago was $52.00 cents per lb on 14 railcars, steady from $52.00 cent per lb on Wednesday May 15.
On Thursday,...
Last Week’s Hemp Commentary
NASDA Renews Support for 1% THC Threshold
The entire definition of hemp is underpinned by a .3 percent THC limit that is completely arbitrary. We’ve heard stories about how the figure came to be, with the most likely origin being part of Canada’s efforts to normalize hemp production.
When the 2018 Farm Bill was passed, hemp stakeholders could not see around the corner, viewing the .3 percent figure within the context of political expediency. As the hemp-derived cannabinoid segment emerged as the key market segment for hemp, the .3 percent limit became an immediate issue.
…