Farms.com Home   Ag Industry News

Preparing for legal hemp cultivation

Preparing for legal hemp cultivation

The 2018 Farm Bill removes hemp from the Controlled Substances Act

By Diego Flammini
Staff Writer
Farms.com

A new piece of ag legislation created another cash crop opportunity for American farmers.

Provisions in the Agriculture Improvement Act of 2018, commonly referred to as the Farm Bill, remove hemp from the Controlled Substances Act.

Once President Trump signs off on the Farm Bill, American producers can grow hemp the same way they do corn, soybeans and other cash crops. Several states already allow for commercial hemp production.

The American hemp industry could be worth nearly US$2 billion by 2022, the Hemp Business Journal says.

Allowing farmers to grow hemp on a national scale will highlight the crop’s several benefits, said Erica McBride Stark, executive director of the National Hemp Association.

“It’s certainly a very exciting time and hemp legalization is something a lot of us have been working towards for years,” she told Farms.com. “Now that we have the federal legal framework, we can encourage the growth and promotion of the hemp industry. It provides fiber, grain and other products for various industries.”

Hemp legalization, however, doesn’t equate to marijuana legalization.

Commercial hemp’s tetrahydrocannabinol (THC) levels cannot exceed 0.3 percent on a dry weight basis, the Farm Bill says.

Growers typically produce hemp for three reasons, Stark said.

“Hemp for fiber and grain is planted like any other field crop,” she said. “You’ll see it outdoors in evenly spaced rows much like you might see corn. If the hemp is being grown for CBD oil outdoors, the rows will be more spaced out because you want the plant to have more flowers. Hemp for CBD can also be produced in a greenhouse environment.”

Some producers could run into challenges during harvest, as removing crops for fiber production might require specialized equipment.

“Traditional combines can’t have the head lift tall enough because fiber varieties can be up to 20-feet tall,” Stark said. “If you’re growing it for grain, the plants might only get about 5-feet tall, so traditional combines can harvest that crop.”

Growing conditions

Much like other cash crops, producing a good hemp crop requires optimal growing condition.

A loose, well-aerated loam soil with high fertility and organic matter, as well as a pH of 6.0 to 7.5, will help produce a good crop, Purdue University says.

Planting depth should be between 0.75 and 1.25 inches. The seeding rate varies depending on the intended final use. For oil, growers may want to aim for between 25 and 40 pounds per acre. Hemp fiber growers might seed at a higher rate of between 40 and 80 pounds per acre.


Trending Video

Did Bears Win Thanksgiving, Will Bulls Get Christmas?

Video: Did Bears Win Thanksgiving, Will Bulls Get Christmas?


Did the bears win Thanksgiving (although this week had green on the screen), and will the bulls get Christmas? Bears won thanksgiving thanks to a USDA Nov crop report dud that stalled the bullish grain momentum for a brief period. But a bullish lower yield surprise in the Dec crop report could reignite the rally.
2026 U.S. winter wheat planting is nearly complete at 97% while crop conditions improved by 3 points to 48% good-to-excellent. US corn & soybean harvest is complete.
High corn demand, which is off the chart, and more Chinese soybean demand could support a Christmas rally.
Nasdaq had it’s worst November since 2011.
A U.S. Fed rate cut in December will help fund flow and sentiment.
Bitcoin held a long-term support at 80,000 and that's positive for fund flow and sentiment. It should help stock prices and Ag as we go into December.
Fertilizer prices continue to climb as we look ahead to 2026. Farmers may rely more on the nutrients that they already have in their soils.
South American Weather remains critical as the soybean reproductive stage starts from late Nov to late Feb depending on planting date.
Will a Russia-Ukraine peace deal happen by year-end?
CFTC data as of showed more managed money fund sell-off as of October 14th.