PanXchange® Hemp: Benchmarks & Analysis – Nov 2019

With this November newsletter, PanXchange is launching a series of survey questions for market participants. If you are a grower, processor, end user, or trader, please visit our website to answer these quick questions listed below. Results will be aggregated anonymously and reported in our December newsletter.

PanXchange® Hemp: Benchmarks & Analysis – Oct 2019

Colorado winterized crude oil market has transacted between $850 and $1,600/kilogram, while tolling arrangements continue to be a prominent deal structure with regard to initial extraction. The spread between non-winterized crude and winterized crude continues to narrow as winterization capacity increases throughout the country.

The Colorado CBD isolate market traded in the range of $2,000 to $4,000/kilogram in October, while the full spectrum distillate market has seemingly traded in parallel with isolate as distillation becomes more cost-effective. The Colorado full-spectrum distillate market transacted between $2,100 and $4,000/kilogram, while THC remediated, broad-spectrum distillate continued to garner a significant premium of approximately $1,000/kilogram.

PanXchange® Hemp: Benchmarks & Analysis – Sep 2019

It is officially the start of the harvest period, and the new crop is starting to make its way to the market. The price of biomass through the course of September has traded in the range of $1.95 to $3.50 per percentage point of CBD content per pound (/point). The amount of transactions occurring in the market is slow as the early harvested product is entering the market, albeit a small percentage of the full crop, and many extractors are searching for tolling and revenue split deals rather than large spot purchases.

PanXchange® Hemp: Benchmarks & Analysis – Aug 2019

The spot biomass market throughout August has been transacting in the range of $2.73 to $4.50 per percentage point of CBD content (/point) as supply from the 2018 crop year is sporadic and early season crops are being harvested. The trend of biomass selling near the lower end of the range has continued from July, as those who are holding product from the 2018 have incentive to sell before large quantities of product enter the market from the 2019 crop year.  Instances of this trend have increased in the last few days, depicting the eagerness to move product and exit positions.

PanXchange® Hemp: Benchmarks & Analysis – Jul 2019

hemp news

The PanXchange Industrial Hemp trading platform is officially going live on August 1st!

PanXchange will be in attendance at the USA CBD Expo at the Miami Beach Convention Center (August 2nd – August 4th). Not only is the CEO of PanXchange, Julie Lerner, moderating a panel, but PanXchange will be at booth #616 throughout the event. If you are attending the conference or local to the area, we encourage everyone to stop by!

Africa Newsletter 07-10-19

In an attempt to steady markets amid supply concerns, the Kenyan National Cereals and Produce Board has been distributing reserve maize to millers at Ksh 2,300 per 90 Kg bag. As maize stocks in the strategic food reserve dwindle, however, maize flower prices have risen to Ksh 124 Per 2 Kg packet, with buyers and sellers pricing-in the potential of future shortages.