04.24.2024
Biodiesel output strong in Q2; producers start locking in Q3-Q4 sales
A second producer echoed this sentiment and said they have had to work a bit harder to secure feedstock to line it up with sales at the right time.
The groundwork for flourishing fiber and hempseed segments is well underway in the US. This is the piecemeal work that includes broad infrastructure development, and problem solving for a wide range of production/processing and transportation issues. Vertically integrating industrial scale supply chains for hemp fiber will present challenges, given the vast technical territory it spans. Operators like South Bend Industrial Hemp are well on their way, and other operators like IND Hemp are also wrapping up construction of their state-of-the art facility.
Viable product concepts will spawn innovation throughout the supply chain where participants at various levels can fill a needed role. This organic growth will underlie a diverse supply chain that serves a range of industry.
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