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.
Recent commentary has pointed to Russia’s invasion of Ukraine, and the resulting impact on commodity markets, including hemp markets. The Eurasian conflict and Ukrainian diaspora will reverberate throughout the world, shaking energy markets especially. Market disruptions will reshuffle supply chains, some of which may prompt a closer look at an emerging crop resource like hemp.
COVID was the catalyst that started us on our way to increased self-sufficiency in the US, and we’re not the only ones. Fastmarkets – Agricensus reporting today noted the Brazilian government announced their National Fertilizer Plan, which aims to reduce fertilizer imports from 85% to 45% over the next 3 decades. Russia is Brazil’s main fertilizer supplier, and agribusiness is a key industry for Brazil.
The pandemic created deep schisms in global trade that were at times insurmountable. The pan-cannabis sector learned that the US has very little…