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All the ag industry is excited about industrial

Posted By: Jim S
Date: 7/7/20 02:28

In Response To: Industrial hemp isn't worth much, as a fiber (Rick)

Hemp. I do agree they will be disappointed with the cheaper imports flooding the market. I sat in a seminar about growing hemp and from the yields they were saying and the price, I wouldn't take a chance on it. Even the CBD market will get flooded. My friend in Oregone says the MJ prices have tanked with over production. He's trying to make a profit on CBD for 2 years before that market softens. It looked like to me the money will be made from the processors and the people that are selling the high priced seed for the early growers. I'm surprised at the amount of farmers that don't know the difference between industrial hemp and MJ. We got IH growing all over Nebraska, from the rope that was produced in w2.

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