Estimated Costs and Returns of Hemp Fiber and Seed Production

Trent Blare, Zachary Brym, Andres Bejarano Loor, and Fredy H. Ballen

Release Date: 12/16/2024

DOI: 10.32473/edis-ag481-2024

Agriculture

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.

About this Publication

This document is SS-AGR-486, a publication of the Department of Agronomy, UF/IFAS Extension. Original publication date November 2024. Visit the EDIS website at https://edis.ifas.ufl.edu for the currently supported version of this publication. © 2024 UF/IFAS. This publication is licensed under CC BY-NC-ND 4.0.

About the Authors

Trent Blare, courtesy faculty, Department of Food and Resource Economics; Zachary Brym, associate professor, agroecology, Department of Agronomy; Andres Bejarano Loor, master’s student, Department of Food and Resource Economics; and Fredy H. Ballen, economic analysis coordinator II, Department of Food and Resource Economics, UF/IFAS Tropical Research and Education Center, Homestead, FL; UF/IFAS Extension, Gainesville, FL 32611.

How to Cite

Blare, T., Brym, Z., Bejarano Loor, A., & Ballen, F. H. (2024). Estimated Costs and Returns of Hemp Fiber and Seed Production. EDIS, 2024(6). https://doi.org/10.32473/edis-ag481-2024

Authors

Trent Blare

country manager/scientist, International Potato Center, Quito, Ecuador, courtesy professor, Department of Food and Resource Economics, UF/IFAS Tropical Research and Education Center