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Kenaf Industry Update, Issue #001 -- Kenaf Futures Contracts Explained
June 02, 2025
Hey Partner

Kenaf Industry Update

Contracts for Kenaf Growers

Did you know that whether you are a kenaf grower or looking at becoming one you can determine how much you will grow, your price per lb. harvesting method, loading particulars, length of contract and any other important factor in your successful kenaf business, and not be confined to external market prices? That is true for processors and buyers too. You may be saying to yourself, "this doesn't seem right"!

So, what would make this real? As a kenaf grower each of you have different resources when you start out in terms of your, land, equipment, location and valuable final product. By figuring out your costs to plant, harvest the acres you have available and how you can provide service to deliver to your customer(s) such as scheduled loading, you have the basic information to confidently move forward with your plans.

Well, now that you have that figured out, what do you do next? You simply send these details (along with your full name, business name if applicable and phone number to BobsEmail Each morning emails are checked and this data you send is then entered into a futures contract format with Kenaf Partners USA and emailed back to you. Once you get this contract look it over carefully and if no corrections are needed, just sign and date it and return it to Kenaf Partners USA i.e. BobsEmail.

Now that we know what you need and want, we can get busy to find a buyer that meets your requirements in the contract.

Please note: Based on the number of acres you have available, location etc. we can determine which kenaf variety will work best for you and calculate how much seed you will need. The cost of your seed, your upfront costs (planting, watering, harvesting and loading your first shipment will be calculated and added to your contract as down payment on your contract. This is the amount Kenaf Partners will negotiate and receive from Buyer under a separate contract between Kenaf Partners USA and the Buyer. Once contracts from all parties are signed and received by Kenaf Partners USA and down payment received we will order your seeds to be delivered to you. At this time, we are only accepting contracts from growers in the continental United States. Once harvesting is complete and ready for shipment, pickup and delivery according to contract terms begins according to schedule. Once shipment is received by Buyer and accepted along with payment to Kenaf Partners USA, you will receive your payment as stipulated in your contract.

Contracts for Processors

Futures Contracts for Processors will cover the details particular to your operation where you determine the processing product(s) you deliver at the price you determine. As a kenaf processor you have different resources when you start out in terms of your, land, equipment, location and valuable final product. By figuring out your costs to and how you can provide service to deliver to your customer(s) such as scheduled loading etc. you will have the means to price your services and calculate your profit.

Well, now that you have that figured out, what do you do next? You simply send these details (along with your full name, business name if applicable and phone number to BobsEmail.

This will be kept on file with Kenaf Partners USA until either a kenaf grower or kenaf buyer initiates a request for your services. Once a match has been determined a futures contract will be negotiated and written. This may require phone conversations with Kenaf Partners USA to work out any details, before written, sent, signed and returned to Kenaf Partners USA and signed and a return copy sent to you. Bobs Email

Contracts for Buyer/Manufacturers

Did you know that fibers and hurd may be just what you are looking for as a resource for your product manufacturing? So why not determine the specifications, quantities, delivery schedules and prices that makes sense for your operations and submit to Kenaf Partners USA to find a match for you. Just send it to BobsEmail with your phone and contact information and answer our call to get things rolling. Bobs Email

Contract Deadlines

All Contracts for the following year must be finalized by January 10th of the year of planting to ensure there is enough time to order seed for delivery before planting dates and harvesting times. Sooner the better so there is no rush and to address any last-minute changes due to external delays i.e. shipping delays, weather events etc..

Final Note

If you have that "Pioneer Spirit" you could be the first in line and set the standards and begin kenaf market industry in 2027.
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