Many farmers can produce high-grade flower in one growing season, but to consistently do so, season after season, takes skill. Skill that can’t be bought, gained by binging YouTube videos, or by frequenting online forums. Flower remains a bright spot for hemp prices. Competition will continue to increase, and no doubt the ranks of master flower growers along with it. Current prices will see pressure down the road, but for now, $300, $500, or even $800/lb is achievable in wholesale markets for the very best buds.
Competition is one way of raising the collective game. Based on a Cannabis Cub model, Golden Grow Awards, Hemp Cups, or Emerald Cups and the like offer a valuable forum for competent flower judging, an objective assessment for producers to track progress. Sure, it may be somewhat subjective having a group of judges score an entry, but that…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...