I'm Don Muehlbauer, owner of Securience LLC, a licensed hemp processor in Wisconsin. We make HempJuus as well as several other brands and are joint venture partners with Farmer Will Allen. Both Will and I care deeply about farmers, and we're working to create solutions that will work for the farmer in the current hemp marketplace.
Here's what we see:
Wisconsin farmers are
getting the short end of the stick:
Prices are down, and trending lower:
The December market report shows biomass market price at $1.73/lb/%CBD. So if your biomass is 10% CBD, the market price in December was $17.30/lb.
There are no biomass buyers in the market:
I've attended, presented and sponsored at the 3 UW-Extension Hemp Seminars and Field Days in Wisconsin. I have not seen any processors who are currently purchasing biomass.
Here's our farmer-friendly solution:
With our niche of Cold Press Processing, one pound of processed hemp can be turned into approximately $1,200 worth of retail products.
We can handle everything from processing, packaging, label design, shrink wrapping and more.
Yes, that means you'd have more work to sell the products produced with your hemp. But if you can sell even 1/10 of what you grew, you will be much better off than holding out in a no-buyer biomass market. If your farm already sells to family and friends through a CSA or local markets, this may be something you're already familiar with.