One Year On…

Category: CBD

One Year On…

One year ago, today, the World Health Organization declared the coronavirus a global pandemic.  At the end of that Wednesday in 2020, equity markets were down some 20%, after sliding for weeks in gloomy anticipation.  What followed, with widespread school and business closures, and even a ban on travelers from Europe, could not have been predicted.  We speculated that hemp prices would not change significantly as a result of the pandemic, and this is generally how hemp markets reacted. 

The scope of impact on the gl...

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Blog

11.15.2024

October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks

October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks

The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...

11.15.2024

UCO 2025 market clouded by China’s cancellation of export rebate

UCO 2025 market clouded by China’s cancellation of export rebate

China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...

11.15.2024

US animal protein prices steady to firmer week on week; SBM under pressure

US animal protein prices steady to firmer week on week; SBM under pressure

The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...

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