As we see the industrial hemp landscape ahead with a huge quantity of U.S. hemp being grown for this coming harvest, we have a timely message for American hemp farmers.
This year some farmers have planted faster maturing crops of auto-flower cultivars. These early crops will be coming to market this month. Overall, this is beneficial to reduce the supply need at this pre-Fall Harvest time. As a result, we expect to see an abundance of biomass material come Fall and correspondingly a potential downward pressure on prices.
Have 2018 biomass
For those of you who still have shucked or milled material from the 2018 harvest, consider pricing your material to sell before the new crops hits the market within the next 30-days.