USDA issues first National Hemp Report
The U.S. Department of Agriculture’s (USDA) Agricultural Marketing Service (AMS) announced the issuance of the first edition of the new weekly National Hemp Report (pdf). The free and publicly available National Hemp Report provides unbiased, timely, and accurate data to help industry stakeholders make business decisions.
The National Hemp Report contains retail advertised prices of hemp products nationally and by region, along with volumes and cost, insurance, and freight (CIF) values of hemp imports into the United States. The report will be issued every Wednesday.
“USDA has recognized the hemp industry’s need for timely market information,” said Under Secretary for Marketing and Regulatory Programs Jenny Lester Moffitt. “The National Hemp Report will equip stakeholders with weekly price and volume information to help guide smart business decisions.”
Retail advertised prices for hemp are currently available as part of the National Retail Report-Specialty Crops. This new report will be the first-time movement volumes, or CIF values of hemp commodities will be published by USDA Market News. It is also the first Market News report dedicated solely to this new commodity group. The National Hemp Report will expand in the future to include additional market information pending ongoing industry engagement.
The National Hemp Report, along with other Market News reports and data, is available on the AMS Specialty Crops Market News web page. You can reach the report through the Hemp Production webpage. You can also subscribe to receive the report through the USDA Economics, Statistics, and Market Information System (ESMIS). Additionally, the National Hemp Report is available on My Market News and through the USDA Market News App. The free app is available in both iOS and Android versions and may be downloaded through the Apple and Google Play stores.
For more information:
USDA
ams.usda.gov
USDA issues first National Hemp Report
About Cannin: Your Cannabis Stocks Resource
78% of Cannin’s fundamentals prove true within 30 days or less on 100+ recommendations over the past 2 years.
Cannin is your #1 trusted resource for cannabis stocks. Our global team of experts evaluates all emerging cannabis stock investing opportunities. In fact, we aggregate hundreds of hours of financial research and provide tips on the best cannabis stocks for 2021.
Use Cannin as your resource for:
Market analysts expect the marijuana and hemp industry will have an annual value exceeding $75 Billion in the next decade. Is it too late to invest in marijuana stocks? No! This is the perfect time to invest.
Are you looking to buy stock in hemp companies or marijuana companies for 2021? If so, are you interested in new penny hemp stock companies? Or, looking for the best Canadian cannabis stocks to invest in? Maybe, you’re looking to leverage the power of algorithmic stock trading to beat the cannabis market? We can help.
Are you interested in cannabis stocks like Curaleaf, Trulieve, Aurora Cannabis, Charlotte’s Web, Canopy Growth, or Hemp Inc.?
Predict price movements of cannabis stocks several hours in advance with our proprietary algorithmic stock trading software.
- +34% Gains in 2022
- +56% Gains in 2021
- +30% Gains in 2020
- +49.8% Gains in 2019
- Backtested since 2012
In fact, we’re so confident you’ll love our algotrading cannabis stock signals, we’re willing to give you a one week risk-free trial to see it for yourself.
Profit from the best cannabis stocks – we’ll show you how at cannin.com.
