Liquidless Lithium Lunch

The end of an era happened last week. LME’s “The Ring” — one of the last remaining face-to face trading floors announced traders will no longer be able to drink alcohol during working hours. The three most notable old school facets of commodity trading are a physical floor trading, suit and tie, and liquid lunches….And this is what the LME took first.

Hemp Planting Updates

It’s crunch time for planting decisions. Today is the last day for corn prevented planting filings – a range of options on crop insurance that gives payouts for not planting the full, normal crop – for the corn belt. CBOT corn futures rallied this week to break-out levels as corn acres planted as of last week came in well below both last year and the 5-year average. And now the fall army worm could decimate crops in China.

IMO 2020

Hey All, The PanXchange team attended the sixth annual NoCo Hemp Expo last week in Denver. With over 200 exhibitors, NoCo is the largest gathering of hemp industry professionals from across the supply chain. CEO Julie Lerner had the opportunity to speak on the topic of market evolution during the conference, and we’re excited to grow with the industry as we prepare to on-board members to our hemp trading platform starting next month.

Pigs, Pulses, and Polar Vortexes

Nothing gets to the heart of decentralized, organic blockchain technology growth like mandated governmental legislation to search for potential use cases.In response to our neighbor and technology powerhouse, Wyoming, pushing through legislation on digital assets focusing on cryptocurrency, the Colorado House refused to be outdone and filed a bipartisan bill to assemble a working group on the use of blockchain in the state’s agriculture: a search for use cases for the nascent technology.