Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s hemp Commentary 

Hempseed Harvest

The hempseed crop this year is looking good, with some exceptions, due to pest pressure.  We estimate that 21,138 acres were planted for hempseed this year, primarily consolidated in the Northern Plains. Hemp Grower recently 

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on the grasshopper destruction in Northern Montana.  Producers have fended off the swarms with irrigation, but beyond the reach of the pivot, plants are entirely defoliated.  This will have meaningful impacts for individual producers, and takes the top right off their yield, but overall hempseed production paired with inventories will bolster supplies.  We’ll not likely see much movement with hemp…

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