kmguru
Staff member
I think I found it:
A typical hemp seed crop yields 20 to 30 bushels per acre, or about 900 to 1300 lbs per acre.
Wholesale prices for hemp seed in the USA vary between 20c - 90c per pound. (NZ 30c - $1.40)
Farmers would therefore gross between US$375 - $1200 (NZ$575 - $1850) per acre.
Pressing seeds for oil usually yields 25% oil by weight, therefore 14 - 21 gallons per acre.
Hemp seed oil currently sells for between US$50 - $100 per gallon (NZ$77 - 153).
Gross Income per acre would therefore be between US$700 -$2100 (NZ$1076 - 3230).
(source: Ed Rosenthal, 1995)
A typical hemp seed crop yields 20 to 30 bushels per acre, or about 900 to 1300 lbs per acre.
Wholesale prices for hemp seed in the USA vary between 20c - 90c per pound. (NZ 30c - $1.40)
Farmers would therefore gross between US$375 - $1200 (NZ$575 - $1850) per acre.
Pressing seeds for oil usually yields 25% oil by weight, therefore 14 - 21 gallons per acre.
Hemp seed oil currently sells for between US$50 - $100 per gallon (NZ$77 - 153).
Gross Income per acre would therefore be between US$700 -$2100 (NZ$1076 - 3230).
(source: Ed Rosenthal, 1995)