05.17.2024
Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts
The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...
As the pressure increases on cannabinoid hemp producers around the US, operators on the fiber and grain sides are distancing themselves from the segment. There is more crossover here at the early stages of industry development, but the segments will diverge in coming years.
In the future, there could be increased dual-cropping or tri-cropping, the former being the more realistic cultural practice – given the inherent limitations of hemp genetics – and the fundamental conflicts between key characteristics. For example, high-quality bast fiber is harvested early in the reproductive cycle – well before any seed is ripened.
Cannabinoids also peak after the ideal harvest window for bast fiber, but there is potential value in the cannabinoid profile of younger plants, especially if CBG demand grows. Before CBG specific seed became widely available over the last two seasons, growers used harvest timing to achieve higher levels of CBG, chopping…