Hemp Fiber. Bruce F. Replied June 19, 2017, 4:07 PM EDT. Plant a 10, 20, 50, or 100-acre hemp farm, and you’re looking at a … Check the moisture of the soil by sticking your finger down to the first knuckle. A new report from the Brightfield Group titled “Hemp Cultivation Landscape” was released this month that suggested, “On average, hemp could command revenues of over $40,000 per acre planted, depending on quality and yield.”. It costs approx. The true best case scenario number regarding gross revenue generated on a successful cannabis grow on one acre of land is 2.6 million dollars…At a market value for outdoor cannabis at $1,000 a pound one could grow $60 worth per square foot…43,560 square feet per acre times $60 equals 2.6 million dollars.. Our canvassing indicates that most cannabis farmers grow plants that average between two and four pounds. They us a starting value of 30 acre inches of water per season for hemp on average. Hemp grain/seed market price ranges from $0.60-$0.65 per pound, while hemp farmers get about an average yield of 1000 pounds per acre. Hemp … Wood uses much higher efficiency converting wood to paper than hemp to paper. It's about what I expected, and i'm sure that if you are using a drip system it would also skew the data. $ 8000 – $ 12,000 per acre to grow and harvest CBD hemp. After taking into account production costs that can be anywhere from $300 to $350, farmers can make around $250 to $300 per acre. By some estimates, hemp grown for CBD could be worth up to $30,000 an acre. Cost of growing and harvesting hemp for seeds or fiber is much lower than CBD hemp growing. Varieties of hemp, whose stems are used for fiber, bio-fuel, or other products, grow to 6-7 feet in height, providing the desired long fibers for industrial processing. Just to get an idea of what that means, an acre of 1,500 hemp plants using 2.5 gallons of water per day during peak season on an eight-hour watering cycle will require 78 gallons of water per minute. Yields of wood per acre per year, is similar and sometimes more than the ones of hemp. Hemp fiber sells at an estimate of $260 per ton. This cost does not assume costs of equipment, land and water. If it feels dry and doesn’t rain, water the hemp until the soil is damp 1–2 inches (2.5–5.1 cm) deep. Before you plant your first hemp seed, make sure you have adequate water for your crops. One-eighth of an acre (50 feet by 100 feet with 50 cannabis plants) would use 24,000 … #4 HEMP GROWING COST PER ACRE. Varieties such as Futura 75, Futura 77, and Fanola have had some validation for Nebraska conditions. Production Rate per Acre: 6.9 green tons. This data comes from Ed Wassom, farmer from Colorado (see more here). 1/4th vs close to 100%. Hemp Grain/Seed. Here’s how the math works according to the report: The average number of plants per acre was between 1,500-2,000; The conversion of flower to CBD … So how much water does cannabis really use? Water your hemp 12–15 in (30–38 cm) throughout the growing season. Bruce, I can't thank you enough for finding me so info. It’s impossible to answer this question without knowing what sort of land and equipment the farmer has and the price of hemp at the farmer’s location. The money in hemp isn’t bad either. The picture is wrong, seeded forest is more efficient for paper than seeded hemp. Such as Futura 75, Futura 77, and Fanola have had some validation for Nebraska conditions, forest... Wood per acre to grow and harvest CBD hemp or fiber is much lower than hemp. Could be worth up to $ 30,000 an acre, 20, 50, or 100-acre hemp farm, you! The moisture of the soil by sticking your finger down to the first knuckle from. 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