Land Prices Just One Factor Influencing Hemp Industry Development

Land Prices Just One Factor Influencing Hemp Industry Development

Land prices have increased considerably since the passage of the 2018 Farm Bill.  Commodity prices remained stable – and low – those first years of production in 2019/2020 (and for several years preceding).  Land prices in the US did not increase appreciably between the 2019 and 2020 seasons but increased by ~7% nationally in 2021, according to

Membership required to view content.
.

Areas of small-scale cannabinoid hemp production may not see lease price increases unless growers occupy tillable land suitable for cropping.  All cropland is more precious in a world of inflated ag commodity pricing, but some acres more than others.  Overall cash rent prices increased negligibly compared to land prices, according to

Membership required to view content.
.  This won’t likely be the same for 2022. 

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

05.26.2023

Fat Market Drifts Sideways Ahead of Holiday Break

Fat Market Drifts Sideways Ahead of Holiday Break

Please Note – starting today May 26th, The Jacobsen will close trade for the Animal Fats bulletin at noon CT on Friday. The early close will remain in effect...

05.26.2023

CBD Shops to Close in Wake of New Delta-8 THC Laws

CBD Shops to Close in Wake of New Delta-8 THC Laws

Shops around the U.S. are set to close after states implement stricter laws around hemp-derived cannabinoids.  Delta-8 THC (?8) – and other novel isomers...

05.26.2023

Animal Proteins Stagnant at End of Week; Soymeal Unsettled

Animal Proteins Stagnant at End of Week; Soymeal Unsettled

Please Note – starting today May 26th, The Jacobsen will close trade for the Animal Proteins bulletin at noon CT on Friday. The early close will remain in effect...

Latest Tweets

Twitter feed is not available at the moment.