Romania has become the most important hemp yarn exporter to the U.S., with exports of 100-180 mt annually. This is roughly double that of China’s exports over the 3 year period 2020-2023. Romania has maintained hemp production historically, while other countries discontinued cannabis cultivation altogether.
The fiber hemp segment has been in decline in Romania for the last several decades due to depreciating facilities, and decreased demand for hemp yarn. Romanian farmers plant roughly 3600 acres of hemp annually. 30 years ago, Romania was the largest hemp fiber exporter in Europe and the fourth largest globally. In 1990, production reached almost 40,000 acres.
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02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...