Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

Hemp Energy

Hemp markets are quiet during this intraholiday week in the US, echoing many other commodity markets.   Energy markets continue their steady gains earned over 2021 as global inventories are pressured, and a variety of factors continue to disrupt global supply chains.  

Higher energy prices serve as a catalyst for renewable fuel markets, and will lend momentum to emerging hemp-based energy projects like the New Madrid, Missouri 

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 that is slated to produce Renewable Natural Gas (RNG) for operations, from hemp and other available feedstock.  Government policy, as we routinely contend, is advantageous to developing markets, but nothing beats demand-driven markets themselves to fuel expansion. 

The scope of hemp’s contribution to the energy sector isn’t apparent now but the upward trend in oil…

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04.26.2024

P66 Rodeo to begin producing SAF in Q3

P66 Rodeo to begin producing SAF in Q3

Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...

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Slower Gulf demand weighs on animal fats market

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Price direction in...

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