Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

North Carolina Fiber Hemp Segment Builds Momentum

The Southeast is emerging as a hotbed of hemp textile activity, with the expected unfolding of a value chain picking up momentum.  At the Industrial Hemp Summit yesterday in Research Triangle Park area of North Carolina, we saw the field deepening in terms of professionals populating various aspects of a value chain, starting at the farm level, and running right through a series of essential processing steps like degumming, spinning, and weaving.  

North Carolina hemp producers had an excellent crop in 2021, harvesting several tons/acre on Gary Sykes farm in Eastern North Carolina.  Nebraska-based Bish Enterprises laid the crop down with one of their specialized 3-pt./ pull-behind harvesters.  The machine is a multi-gang sickle bar design with some clever features, like independently driven hydraulic cutters and transport capability for…

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05.06.2024

Strong biodiesel production seen weighing on crude glycerin prices

Strong biodiesel production seen weighing on crude glycerin prices

The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...

05.06.2024

Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team

Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team

Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...

05.06.2024

Year-to-date commercial cattle production falls 2.30% y-o-y

Year-to-date commercial cattle production falls 2.30% y-o-y

US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.

US hog slaughter
Fastmarkets research...

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