The company has been crushing hempseed since the middle of 2020 and their fiber processing facility started running trials in December. 2022 will be a big year for hemp fiber in the US. Operators like IND Hemp will continue to learn about their technology and make adjustments as they go. There is still a collective lack of experience in scaling up hemp fiber production, even though component processes are well established. Theory does not always translate into success with steel in the field or processing line.
Morgan Tweet noted that CBD production in Montana was a big flop, and the state had substantial CBD acreage in 2019. The
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01.14.2025
EIA raises US renewable diesel output forecast for 2024-25, lowers 2025 biodiesel production outlook
The US Energy Information Administration (EIA) raised its 2024 forecast for the production of renewable diesel (RD) in the US while maintaining its 2024 biodiesel output estimate in its...
01.14.2025
DCO tracks soybean oil prices higher; fats markets unchanged
Market activity for US animal fats and oils was relatively subdued on Tuesday January 14, though sources noted a bullish sentiment in the market.
01.14.2025
USDA raises 2024/25 forecast for GCAU count, lowers feed grain use estimate
Most US animal protein prices were flat to up day on day on Tuesday January 14. Animal protein products were slow to start the week, with light volumes traded,...