Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

 

Appropriate Scale for Fiber Processing

 Stakeholders that are closely watching the development of fiber hemp processing speculate on the appropriate scale for decortication, relative to current fiber hemp pricing.  There is little decortication going on in the US at present, and what is being done is processed on a small scale.  Panda Biotech has garnered attention with a highly capitalized venture that will process at scale.  Their Hemp GinTM will reportedly handle 10 tons/hour, but other details about the technology aren’t yet public.  The Texas company announced in May a free seed giveaway for producers interested in producing fiber hemp.  Getting a head start on the agronomics of fiber hemp production in Texas is forward thinking and will facilitate scaling to process a projected…

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11.22.2024

Biodiesel margins rise, but window of opportunity limited

Biodiesel margins rise, but window of opportunity limited

Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.

11.22.2024

Gulf prices average higher despite weeklong declines in SBO

Gulf prices average higher despite weeklong declines in SBO

For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...

11.22.2024

Bloodmeal largest price mover week on week; November cattle on feed higher

Bloodmeal largest price mover week on week; November cattle on feed higher

US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...

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