Estimated Costs and Returns of Hemp Fiber and Seed Production
Field of high-density fiber-type hemp planted in central Florida. Credits: Zachary Brym, UF/IFAS Tropical Research and Education Center.
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Keywords

hemp
costs and returns

Categories

How to Cite

Blare, Trent, Zachary Brym, Andres Bejarano Loor, and Fredy H. Ballen. 2024. “Estimated Costs and Returns of Hemp Fiber and Seed Production: SS-AGR-486 AG481, 11 2024”. EDIS 2024 (6). Gainesville, FL. https://doi.org/10.32473/edis-ag481-2024.

Abstract

The purpose of this document is to provide a framework and provisional values to estimate the costs and returns of hemp production for fiber and seed for commercial producers in Florida. The primary objective is to illustrate the infrastructure, labor, and input costs associated with a hemp cropping system for the production of fiber, seed, or both related to the potential returns from sales of raw materials. Written by Trent Blare, Zachary Brym, Andres Bejarano Loor, and Fredy H. Ballen, and published by the UF/IFAS Department of Agronomy, November 2024.

https://doi.org/10.32473/edis-ag481-2024
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References

Crini, G., E. Lichtfouse, G. Chanet, and N. Morin-Crini. 2020. “Applications of Hemp in Textiles, Paper Industry, Insulation and Building Materials, Horticulture, Animal Nutrition, Food and Beverages, Nutraceuticals, Cosmetics and Hygiene, Medicine, Agrochemistry, Energy Production and Environment: A Review.” Environmental Chemistry Letters 18 (2020): 1451–1476. https://doi.org/10.1007/s10311-020-01029-2

Hart, C. 2020. “The Opportunities and Challenges with Hemp.” Integrated Crop Management. https://crops.extension.iastate.edu/cropnews/2020/03/opportunities-and-challenges-hemp

Karche, T. 2019. “The Application of Hemp (Cannabis sativa L.) for a Green Economy: A Review.” Turkish Journal of Botany 43 (6): 710–723. https://doi.org/10.3906/bot-1907-15

Kaur, N., L. K. Sharma, C. Kelly-Begazo, M. Tancig, and Z. Brym. 2021. “Uses of Raw Products Obtained from Hemp: Fiber, Seeds, and Cannabinoids: SS-AGR-458/AG459, 9/2021.” EDIS 2021 (5). https://doi.org/10.32473/edis-ag459-2021

Morgan, K. L., T. Wade, K. Athearn, C. Prevatt, A. Singerman, E. Evans, T. Blare, H. Khachatryan, and Z. Guan. 2022. “An Introduction to Florida Commodity Enterprise Budgets: An Extension Tool to Improve Farm Financial Planning: FE1109, 12/2021.” EDIS 2021 (6). https://doi.org/10.32473/edis-fe1109-2021

Purdue University Hemp Project. 2015. "Hemp Production.” https://yippy.health/profile/purdue-hemp

University of Kentucky College of Agriculture. 2019. “Industrial Hemp Budgets.” https://hemp.ca.uky.edu/marketing-economics

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