Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

North Carolina Fiber Hemp Segment Builds Momentum

The Southeast is emerging as a hotbed of hemp textile activity, with the expected unfolding of a value chain picking up momentum.  At the Industrial Hemp Summit yesterday in Research Triangle Park area of North Carolina, we saw the field deepening in terms of professionals populating various aspects of a value chain, starting at the farm level, and running right through a series of essential processing steps like degumming, spinning, and weaving.  

North Carolina hemp producers had an excellent crop in 2021, harvesting several tons/acre on Gary Sykes farm in Eastern North Carolina.  Nebraska-based Bish Enterprises laid the crop down with one of their specialized 3-pt./ pull-behind harvesters.  The machine is a multi-gang sickle bar design with some clever features, like independently driven hydraulic cutters and transport capability for…

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12.20.2024

45z guidance fails to appear; government scrambles to pass spending bill

45z guidance fails to appear; government scrambles to pass spending bill

The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...

12.20.2024

US animal fats and oils end week softer across the board ahead of holiday slowdown

US animal fats and oils end week softer across the board ahead of holiday slowdown

Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...

12.20.2024

December cattle on feed down on month, year

December cattle on feed down on month, year

Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.

The only significant price...

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