04.26.2024
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...
Last Week’s Hemp Commentary
Industrial Hemp Innovation Continues
Industrial hemp continues to attract investment and innovation with widespread conviction that the economics will work. Despite additional funding opportunities arising from the Inflation Reduction Act (IRA), investors must have high risk tolerance in this space.
Figures from the latest USDA NASS National Hemp Report show a downward trend in both acreage and market size for all major hemp segments. Within this data are modest gains for fiber hemp in states like Missouri and Virginia, each posting gains of less than 100 acres in 2022.
High commodity prices, especially for oilseeds, will continue to affect growers’ planting intentions. Energy markets will also continue to have knock-on…