Thousands gathered in cities across the country Saturday as part of the nationwide Women’s March rallies focused on issues such as climate Farmers can find many uses for social media. YUMA, Colo. DTN — At 35, Bethleen McCall is a lot younger than your typical commodity farmer, but she’s a veteran when it comes to farming hemp in Colorado. McCall is president of the Colorado Hemp Industries Association and she credits the state’s early action allowing regulated hemp production as far back as for allowing her to start farming where her family once farmed. Last week, McCall was rushing to try to beat a late-week temperature crash and snow, but that didn’t work out so. They have now sent away samples to see if the glands in the plant that contain cannabinoids burst during the freeze. Depending on those results, the farm may have just a few days to harvest before the rest of the CBD oil dissipates.
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Like any crop, your profit per acre will boil down to a simple calculation of yield per acre times market price minus the cost of production. However, what segment of the industrial hemp market you grow your crops for will have a serious impact on your hemp farming profit per acre, as well as the equipment you need and how you plant your crops. There are three primary industrial hemp crops : oil, seed, and fiber. In the United States, most farmers banking in on the legal changes brought about via the Farm Bill are focusing on the production of cannabidiol CBD oil. However, out of the three crops, it is the most labor intensive and difficult to farm, as it is essential to understand the effects of stress and growing variables to produce the highest ratio of CBD to THC. The primary issue is that any hemp crop that is determined to contain a THC level at or below. Fiber and grain production crops, on the other hand, are much more similar to traditional grain crops, such as corn and wheat. The fiber plants tend to grow to feet tall without branching, while grain plants tap out at about 9 feet tall and do branch. With Chinese tariffs targeting American farmers, especially soybean farmers, those with the land and equipment to focus on grain producing crops are looking for more profitable options, which leads them to hemp. However, the average yield from an acre of well planted and maintained hemp is about 1, pounds. Fiber is the other primary hemp crop that is particularly easy to work into your crop cycles and take full advantage of with the industrial farming equipment you already have. A significant amount of both the fiber and grain market depends on industrial processing capacity.
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Additionally, the Chinese dominate the hemp fiber market , making it very difficult to break in. Similarly, China and other Asian countries have a near monopoly on hemp grain production.
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Amid all the excitement around marijuana legalization in America, another newly legal crop has received comparatively little attention: hemp. And yet hemp may prove to be even more transformative, especially in the West’s arid landscapes. Hemp is a variety of the cannabis sativa plant that is not psychoactive. Whereas marijuana plants can produce both the psychoactive tetrahydrocannabinol THC and the non-psychoactive cannabidiol CBD extracts, hemp produces only the latter. And while marijuana is generally grown in small quantities under tightly controlled conditions—often indoors—hemp is grown like most other field crops such as corn and alfalfa.
Evolutionary Map Could Help Farmers Eliminate Fertilizer
For the first time in decades, the United States finds itself embroiled in an international trade war. So far, billions of dollars worth of tariffs have been slapped on both foreign and domestic goods; and few groups have felt the pain of this war more than American farmers. Could industrial hemp production help give farmers, and the United States, a critical edge in this trade war? Although the U. The reason soybean tariffs are so painful to U. In , the U. So where does hemp fit into this economic picture? Industrial hemp cultivation would help the United States gain an edge in the trade war with China in two way.
Nebraska’s hemp battle: farmers say officials are blocking a gold rush
MB: Canada and Europe. There are nine states that have not legalized it yet, including Iowa. I think hemp protein will become an aggressive competitor to soybean protein. We will build these domestic and international export opportunities for hemp, but we have a lot of work ahead of us. Legalization will attract investors and banks but supporters also hope for government grants and subsidies to create a market for hemp. Richard K.
Price Point for Grain
Then inPresident Nixon included hemp in Schedule I of the Controlled Substances Act as his middle finger to the anti-war people. Farmers are looking for ways to diversify and create new markets. Afterward, hemp faded back into obscurity until when Nixon put marijuana on Schedule 1 of the Controlled Substances Act — and industrial hemp was again lumped in with it. Minnesota is gearing up for some pretty significant expansion in Former NFL quarterback Jake Plummer became a promoter of hemp in general after he discovered that CBD oil from hemp alleviated headaches and post-football aches. We had a brief respite during WWII with the Hemp for Victory campaign, in which we grew hundreds of thousands of acres in six Midwestern states, but the tax was reenacted after the war. Loflin got media coverage, successfully daring the government to step in. Now the hard work of infrastructure, market development, and branding begins. Another option is a fueling device hooked up at your home. Kentucky grows a lot of CBD [cannabidiol] plants for oil extraction.
A political battle
For all its Gold Rush aura, hemp farming may be more like life on the frontier, where everything must be built from the ground up, said advocates of industrial hemp on Thursday. Federation members asked lawmakers and USDA officials for regulatory certainty for a new crop. The USDA issued regulations two weeks ago that essentially opened the gate for farmers across the nation to grow hemp in Tjan in legal in 46 states, and all are expected to submit regulatory plans for USDA approval. Farmers plantedacres of hemp this year, three times as many as inaccording to the advocacy group Vote Hemp, which expects acreage to increase again in While the Farm Law allowed research and pilot projects, the Farm Bill created an opening for farmers looking for a new cash crop with better returns than corn, soybeans, or wheat. Obstacles remain for hemp.
Per-Acre Profits Attract Growth, Some New Potential Regulatory Headaches
Bankers are wary of hemp entrepreneurs — whether farmer, manufacturer, or retailer — for fear of being accused of handling illegal drug money. There have also been instances of police seizures of trucks transporting hemp to processors. During visits on Capitol Hill, Hemp Federation members asked for legislation to clarify that it was legal for lenders to serve the hemp industry and for hemp to be shipped across hfmp lines.
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