Nucleus195 is pleased to announce that PanXchange has joined its ever-growing list of content and data providers network.
“PanXchange is an amazing company,” said Scott Duxbury, Nucleus195 Co-Founder. “Their unique sets of data and information helps all participants and that is in line with the same goals of Nucleus195 in helping all investors get access to the information that they need.”
PanXchange Blog
The American hemp farmer can’t seem to catch a break between the two significant problems they face: legislative uncertainty and marketing their products in an oversupplied market. Yet Mother Nature just reminded us all that she is the highest priority in good times and bad. US farmers in three major hemp producing areas are experiencing extreme weather conditions, wherein some cases, hemp farmers are reporting a total crop loss of their farm.
Hemp Industry Daily
Federal numbers on nationwide acres in certain crops are always a hot topic in the agri-community.
But this year’s data suggests that many hemp producers have not contributed to the Crop Acreage Report from the Farm Service Agency, an arm of the U.S. Department of Agriculture.
Before CBD was a product category, hemp grain, oils, and protein were in high demand. Driven by consumer demand for plant-based food-products, US imports of hemp grain peaked in 2016 at a volume of 38,594,227 lbs. Since 2017 grain derivatives, namely hemp seed oil and protein, have supplanted raw grain. According to our review of US Census trade data, hemp oil imports grew by 262%, and hemp protein grew by 40.6%, respectively, from 2017-2019. In 2019 alone, hemp grain and resulting products account for 76,554,259 USD in cross border sales. As this sector of the market matures across North America, operators across the supply chain must be mindful of market forces’ increasing role. More specifically, the price implications of servicing burgeoning markets, the competitiveness of substitute products, and short term currency volatility amplified by COVID-19 will all impact prices paid to producers and market opportunities.
Progressive Dairy
In an industry that’s changing as rapidly as a landslide in an earthquake, no matter what figures presented in this writing, it’s only a snapshot of one point in time.
The 2018 Farm Bill was one of those earthquakes that set off a landslide in the hemp arena, and aftershocks will be felt for several years as the industry tries to develop and adjust to production and market realities.
We highlight some of our conversations with industry professionals who explain the many ways that underreporting hurts the industry as a whole.
On each Friday following the distribution of PanXchange® Hemp: Benchmarks & Analysis, the Hemp team will be hosting an online webinar to discuss industry trends such as our regional pricing benchmarks, market commentary, supply and demand analysis, and other recent content. This webinar is intended to give our subscribers the opportunity to connect with the PanXchange team to ask questions and discuss topics in an open format. This is a service exclusive to only PanXchange platform participants and data subscribers – at no additional cost.
The August 2020 PanXchange® Hemp: Benchmarks and Analysis was published last week by our friends at PanXchange. Now, at the end of August the harvest of field grown industrial hemp has not only begun, but also some early harvested hemp targeted to the cannabidiol (CBD) market is beginning to change hands.
By early October, Aaron Owens anticipates that the young hemp plants he’s cultivating on two acres just south of Dripping Springs will be about six feet tall and ready for harvest — giving him a successful crop in the inaugural season of legal Texas hemp production.
The J.P. Morgan Center for Commodities’ industry partners are key entities in the commodities area, including representatives from banking and investment firms, energy, mining, agriculture, Independent Software Vendors (ISVs), exchanges and Futures Commission Merchants (FCMs), among others. Our industry partners provide scholarships, internships, experiential learning, field trips and advice to keep the educational programs for both academics and professionals grounded in current business practice.
