USDA’s Agricultural Marketing Service (AMS) announced the issuance of a weekly National Hemp Report to assist stakeholders in making business decisions.
The report will contain retail advertised prices of hemp products nationally and by region, along with volumes and cost, insurance, and freight values of hemp imports into the U.S. 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 in a statement. “The National Hemp Report will equip stakeholders with weekly price and volume information to help guide smart business decisions.”
The National Hemp Report will expand in the future to include additional market information pending ongoing industry engagement.
