October 14, 2021 Denver, CO. PanXchange today announced the release of its white paper on the many applications of hemp in the animal feed market.
Join us for an exclusive webinar taking place Thursday, October 21st at 2pm CST with Barchart’s Senior Account Executive, Ryan Nelson and Regional Sales Director, Tateme Clark, as well as PanXchange Founder and CEO, Julie Lerner and Seth Boone, VP of Business Development.
Per our September newsletter, efforts are underway to obtain federal funding to grow the hemp industry. Rank the following in order of importance:
Love of the hemp plant does not guarantee its success. But in order for a crop to be economically viable, it needs to be financially sustainable.
Hemp can be used for furniture, paper, clothing, rope, building material, birdseed, and even ice cream, so why isn’t it?
August Market Survey
The Farm Service Agency (FSA) released their initial August planting report yesterday which estimates hemp plantings across all applications at 32,798 acres. Cannabinoids make up 20,131 acres, fiber has 4,185 acres, grain holds 5,409 acres, and seed had 3,072 acres planted. Overall acres are down sharply from the 72,258 (decrease of 39,460) acres reported last year, and PanXchange will break down the details by market segment below.
May Survey Results