11.22.2024
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.
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…