For those who haven’t seen the latest numbers, attached is the Hemp Benchmarks - US Wholesale Price Benchmarks - June 2019.
The report states 377,000 acres of outdoor approved, and 3,000 acres indoor/greenhouse production of hemp in the US as of June, with an estimated 70% to be cultivated, but considering the wet weather this year and lack of certified seed it could be considerably less. Prices have definitely been ratcheting down over the last week.
Hemp Benchmarks_June2019.pdf (693.5 KB)