Hemp Fiber Guaranteed to Play Pivotal Role

Hemp Fiber Guaranteed to Play Pivotal Role

There is no question that hemp fiber will eventually secure a key role in the global economy.  The timing of supply chain development for hemp fiber is a question on many minds.  There is not much precedent to explore when speculating the development of a hemp fiber supply chain.  Hemp is unparalleled as an agricultural commodity, with its unique history of prohibition, preceded by many years of cultivation and market development.  Hemp once had a pivotal role in global transportation, used to rig the many seagoing vessels that are the foundation of modern supply chains.  Ironically, hemp may also have an important role in modern transportation, having already played a bit part in the European auto sector.

 

When comparing the evolution of cotton as a global commodity, it isn’t practical to expect many similarities with hemp’s re-entry.  The available technology…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

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...

Latest Tweets