The hemp fiber segment will take years to develop the necessary infrastructure, logistics, and markets. Thinking in 5- or 10-year increments is realistic, assuming the industry continues at the current pace developing products, processing, and manufacturing capacity. This also assumes no progressive federal policy to help incubate the segment or strengthen hemp prices. States may also have a hand in helping to stimulate market growth, but timing is tough for state budgets. Nonetheless, states like North Carolina have a significant pot of funds obtained from the 1998 Master Settlement Agreement with tobacco companies. These funds are administered through groups such as the
The Golden Leaf Foundation’s impacts…
11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...