Verified FBN Member (MT)

Marketing

Hemp! Is it just a craze? Or will it be a sustainable crop with industry to back it?

Who has grown it and for what? Grain, fiber or CBD?

  • Hemp! Is it just a craze? Or will it be a sustainable crop with industry to back it?
  • Hemp! Is it just a craze? Or will it be a sustainable crop with industry to back it?

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Verified FBN Member (NE)

Hemp is the answer to struggling farmers as well as successful farmers looking to expand their revenue streams. This is a commodity we simply have to push to the forefront of the agricultural sector. The recent push for the legalization of hemp and it’s future benefits to hemp farmers and industry professionals are just at the beginning so our efforts should not cease with the recent hemp victorie...

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Verified FBN Member (NC)

Ugly v


Verified FBN Member (WI)

tried growing it here in wi for cbd oil but stand was so poor from lack of germination. seed company assumed the risk but I didn't get a crop on those 6 acres ether.


Verified FBN Member (ND)

Can a person grow large scale oil without having a 1000 man power?

1

Verified FBN Member (NE)

(edited)

It depends your perspective or large scale. We've consulted on a 10-acre farm (approx 30,000 plants) that was maintained by only 2 full time (live in) farmers and temp workers for harvesting. That said, they were workhorses! For more info on hemp, check us out at www.HempConsultants.com


Verified FBN Member (MN)

I had one of those farm economy talks with my banker and small scale hemp production was something I brought up with the idea that we need a 3rd crop. He said the bank wouldn't back it and would instead frown on their customers going in that direction. They want provable numbers with history to back it up, plus the infrastructure in place that proves it's sustainable.

3

Verified FBN Member (AR)

I’m dealing with an association under AgriBank. I was told “AgriBank doesn’t loan money for Hemp production “.

Verified FBN Member (MN)

No I’m not.

Verified FBN Member (AR)

Are you dealing with Agribank?


Verified FBN Member (MT)

(edited)

3rd year growing it. Growing for seed and fiber. Most of the uses for hemp are in the stalks themselves, the U.S. isn’t even scratching the surface of what this plant can do.

5

Verified FBN Member (MI)

Very nice, what's your spacing?


Verified FBN Member (IL)

Planted 4.5 acres and not very proud of it ! Will be the first to admit it got away from us the the spring we had . Growing for the CBD - wish the US would approve the chemicals allowed in Canada they have used without any issues to my knowledge -would make it ALOT better crop to grow . Germination is less then stellar - maybe 40-50 %

3


Verified FBN Member (NC)

The public sector desires it so the private sector will provide it. Hemp will pave the way for other crops to emerge as viable revenue streams with the infrastructure it provides or awareness it promotes. Farmers need a revival. Hemp is the flag that will fly atop the tent. 400,000 acres in 2019 is not a flash in the pan.

1


Verified FBN Member (NE)

(edited)

I attended a forum in Pilger, NE on 08/16. Lots of good information available and it was free of charge to attend. Hemp defiinitely has a lot of potential I think but there are some caveats that need to be sorted out first. From my perspective they are:


-Hemp has a 25 miles pollination radius so if you're growing all female plants for CBD oil, you cannot have any males nearby either feral or w...

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3

Verified FBN Member (NE)

(edited)

Thanks for you both attending and helping promote hemp across Nebraska, it may be legal here but it's still a perception battle so we need all the support from farmers statewide that we can get!


I agree with both your opinions, in particular that we need to have a buyers (first-purchasers) market for it first. Our company (HempConsultants.com) sent a few members including myself, to attend one o...

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Verified FBN Member (NE)

I attended the meeting also and reached the same conclusion. Farmers will get on board if the market is there. I think the infrastructure needs to come first.


Verified FBN Member (MT)

Thanks for your responses. The pictures above is our crops. The one on the left is last year industrial hemp crop that we grew for the grain and the picture on the right is this years crop that we are growing for CBD oil. It’s all been a huge learning curve.

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Verified FBN Member (IL)

We are growing 70 acres for seed. We planted it Mid July following a greenbean crop. We also planted 30 acres for fiber. It was also planted mid july, but it was following wheat. It was was probably to wet when we planted it, than it rained a few inches. The stand is very poor.


The seed harvest will be a learning experience.

1

Verified FBN Member (TX)

So who assumes part of that risk?

Seed company?

No insurance correct


Daniel
Daniel Zook
FBN Employee

Good question!


On 6/20/19 we asked FBN members in 11 US states & 4 Canadian provinces if they were currently growing, interested, or not interested in growing industrial hemp.


Click the image to enlarge the poll results.


Verified FBN Member (AR)

We are growing Hemp for the first time this year for the CBD oil. It has been major learning curve. We’ve learned a lot more “what not to do” than we have “what to do”. There has been, and still is, a lot of work involved. But, as it is with all new crops, it’s exciting learning how to grow it right. We went through the same learning pains 17 years ago when we started growing turf grass.

Not only...

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6

Verified FBN Member (CO)

What strength is the oil that you are using?

Verified FBN Member (AR)

5

Verified FBN Member (OH)

How many acres of hemp did you grow this year?


Verified FBN Member (WI)

(edited)

I'm a farmer and a banker and the discussion about hemp in Wisconsin is really interesting right now. Bankers are trying to bank it(without criticism) and most farmers view it as a pain to grow. Everyone is excited because the CBD side of the industry is very profitable but few are in it. I believe there is tremendous upside if infrastructure to make food grade grain, plastic, cement and other pro...

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Verified FBN Member (CO)

I did a little research, and “hempcrete” typically has 1/20th the compression stength of “typical” concrete, and is not structural as well. It does help to minimize the small cracks in the same manner that glass fibers do. I think to gain any real market share, there needs to be standards for the oil.

Verified FBN Member (CO)

I ******* your figured on hemp cement. You may be correct, my understanding is that you still use cement to make concrete and hemp fibers replace the fiberglass strands we’ve used for years..If it’s different than that,,it still needs to be price competitive. You may be correct, I don’t know.