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Blog

NASDA Renews Support for 1% THC Threshold

Alexandra Watts | 01.31.2024

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 s...

Average LCFS Spot Market Price Tumbled Last Week

Weekly LCFS credit volume increased slightly last week, as credit prices continued to move lower. Volume is expected...

Gulf and Chicago BFT Prices Move Lower

The market was fairly active today, especially for the rail market, with trading done into the Gulf and Chicago...

Slower Poultry Product Rendering Pushes PFG PBM Prices Higher

Trading was fairly quiet today with many in Atlanta for the International Production & Processing Expo. Indications were broadly...

Rise in Corn Export Inspections, Soybean and Wheat Drop

Recent reports indicate a drop in the price of corn gluten meal and corn gluten feed. Market participants have...

Steer Hide Prices Fluctuate

Today’s steer hide trading was at lower prices than the last reported trading levels as the material remains under...

Cash Markets Maintain Bearish Tone

Spot trading for vegetable oils remained dull on Tuesday, with the bias still lower pretty much across the board....

Organic Soybean Oil tracking Conventional

Following up on yesterday’s commentary, there has been only loose historical correlation...

Weekly Hemp Recap

Last Week's Hemp Commentary

USDA Hemp Survey Launches

The USDA’s...

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04.23.2024

Rising BOHO spread spurs RIN values higher

Despite the move higher, D4 RINs are down 2% in value from the previous week. RIN prices are receiving support from the rising bean oil/heating oil (BOHO) spread, which...

04.23.2024

DCO premium over CWG hits multi-month low

Lard traded steady on a Chicago basis, with 16 cars traded at 41 cents per lb.

Yellow grease traded down at 37.5 cents per lb delivered US Gulf...

04.23.2024

Animal proteins mixed for Tuesday

Fastmarkets assessed

Membership required to view content. at $250-300 per short ton on Tuesday, up from $250-280 per ton on April 22. Contract pricing for meat and bonemeal has been...

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