PanxChange

U.S. commodities platform PanXchange, trading in hemp and other sectors, has ceased operations. Funding Withdrawal The shutdown follows the withdrawal of promised funding from an undisclosed investor. A significant financial balance was unsecured, leading to the closure, reported Hemp Today. Carbon...

Last week, PanXchange hosted a webinar titled “The Forward Contracting Hemp in an Oversupplied Market.” The session, which will soon be available to the public, covered many aspects of price risk management, including fixed-price transactions, crop insurance, sales contracts...

The PanXchange monthly edition of the Hemp Benchmarks and Analysis was released this week. The firm covered various topics ranging from regional spot prices (biomass, crude oil, distillate, and isolate), to legislative updates such as changes in the USDA Interim Final Rule for hemp producers. The...

By William Sumner, Hemp Business Journal Passage of the 2018 Farm Bill and the rise of CBD as a nutritional supplement has led to a boom in hemp cultivation over the past year. According to the U.S. Hemp Market 2019 State Rankings Report, the acreage for licensed hemp cultivation has risen by...

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...

There’s been a lot in the major news related to uranium recently, most notably last week when a man in Oklahoma was pulled over by police in a stolen car filled with a rattlesnake, an open bottle of whiskey, and a canister of uranium (he possessed all three legally). This likely expedited the...

We wish you all had a happy Independence Day and hope you enjoyed the day off with exciting activities, whether you celebrated by heating assorted cow, chicken and pig parts over an open flame, attended a VIP tank parade, watched colorful sky explosions, or scared the daylights out of...

Spot Market Updates: Throughout the month of June, the spot biomass market traded in the range of $3.75 – $4.70 per percentage point of CBD content (/point). Although the prices associated with spot transactions are rising in our assessed locations (shown below), two interesting trends are...

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...

The spot biomass market traded in the range of $3.45 – $4.50 per percentage point of CBD content (/point) throughout May. Prices are expected to start realizing upward pressure due to the cyclical nature of the market in June, continuing throughout the summer until the 2019 crop is harvested...

One of our favorite images we’ve used when pitching technology in agriculture is monitors mounted in combines as farmers till and harvest showing board futures prices and basis prices at local elevators. Well, 2019 farmers are taking it to a whole new level. The Journal ran an article about...

April Hemp Pricing Report The PanXchange April hemp pricing report is out, you can find the full report here. We will also begin onboarding clients to the physical trading platform in the coming weeks. Interested parties please visit our hemp trading page for more information. Beyond Meat Mania...

The spot biomass market has seen consolidation between the Colorado, Kentucky and has generally transacted in the range of $3.30 to $4.50 per percentage point of CBD content throughout April. At this point, hemp producers have either sold out of product or are holding positions, expecting prices to...