CBD Markets

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CBD Markets

Market projections for CBD have stated that the current market is anywhere from $2-4 billion globally, and expected to grow at double digit CAGR.  Early projections by firms showed that markets could exceed $20 billion by 2024, but in 2020 these were adjusted downward.  Nevertheless, the outlook remains bullish with estimates from roughly $8 billion to $20 billion in 2026.  Hemp prices will not increase commensurately, but increased sales volume will help to shore up markets and stabilize hemp pricing.  

The optimism is not unrealistic in some r...

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Specialty Chip Sales Show Mixed Results

Specialty Chip Sales Show Mixed Results

The organic feed protein market is a mess, and prices reflect this concern. Organic soybean meal prices are very...

Strong Automotive Hide Demand for US Hide Market

Strong Automotive Hide Demand for US Hide Market

The US hide market closes the week with strong automotive and furniture leather business. Hide demand for steers and...

Fats, Oils, & Fuels Webinar 2/23/21: Customer Q&A

Fats, Oils, & Fuels Webinar 2/23/21: Customer Q&A

Video shorts from the Fats, Oils, & Fuels Webinar Report Our team of Senior Analysts break down questions from...

Extension of 2019 and 2020 Renewable Fuel Standard Compliance

Extension of 2019 and 2020 Renewable Fuel Standard Compliance

The EPA published a Proposed Rule in the Federal Register on January 15 to extend the RFS compliance deadline...

Grocery Store Retail Sales Continue to Rise

Grocery Store Retail Sales Continue to Rise

Organic corn prices are continuing to creep higher, and strong retail sales demand should help buoy prices. Merchandisers are...

Developing Industrial Hemp Segments Will Take Time

Developing Industrial Hemp Segments Will Take Time

Without regulatory assurances, or conventional financial services, the hemp industry faces significant headwinds. Hempseed is the most freely traded...

Cargo Surveyor Data Lifts Palm Oil Despite Bearish MPOB Data

Cargo Surveyor Data Lifts Palm Oil Despite Bearish MPOB Data

Vegetable oil prices were mixed on Wednesday, narrowing the spread between the May soybean oil and palm oil contracts...

Strong Apparel Sales at Risk to Continue into 2021

Strong Apparel Sales at Risk to Continue into 2021

The US hide market is moving along sluggishly as many overseas tanners are now closed for the holiday. Some...

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02.26.2024

Braya Begins Renewable Diesel Production in Newfoundland

Braya Begins Renewable Diesel Production in Newfoundland

Braya Renewable Fuels announced their facility in the city of Come By Chance, Newfoundland commenced commercial operations. Initial renewable dieseel production capacity is expected to reach 18,000 barrels...

02.26.2024

Hog Slaughter Forecast Lower Heading into April

Hog Slaughter Forecast Lower Heading into April

There were no confirmed trades in the market and bids and offers were quiet to start the week.
The USDA estimated hog slaughter for last week at 2.578 million...

02.26.2024

Cattle Slaughter Forecast Under 2023 into March

Cattle Slaughter Forecast Under 2023 into March

The markets were rangebound Monday on limited trade reports. 

For the week ending March 2, 2024, cattle slaughter is forecast at 600,000 head, 4.1 percent down from 2023...

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