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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10.17.2024
US DOE to guarantee nearly $3 billion in SAF loans to Gevo, Montana Renewables
The US Department of Energy’s Loan Programs Office announced on Wednesday October 16 conditional commitments for up to $2.9 billion in loans for two sustainable aviation fuel (SAF) producers.
10.17.2024
US fats and oils markets quiet amid industry event; DCO production up
The US animal fats and oils markets were quiet on Thursday October 17, with the majority of participants attending the American Fats and Oils Association (AFOA) event in Nashville.
The...
10.17.2024
US animal proteins market steady on October 17
US animal protein prices were steady on Thursday October 17, with market participants indicating a slow day for trading.
September USDA Feed Outlook
Grain consuming animal units (GCAUs)...