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Monday, September 11, 2017 10:48:31 AM
One market has just the seed value to other farmers at a potential 600m per acre X 200 acres.
Getting in early has been the key. Next year many more farmers will be raising Hemp and needing seed.
Disclaimer; NOT 100% OF THIS CROP WOULD BE SOLD AS SEED FOR NEW FARMERS!
"I can grow as much as I want," said Norton, who spent $300,000 on four pounds of hemp seeds from suppliers he declined to identify due to concerns over federal law enforcement.
https://www.google.com/amp/s/articles.oregonlive.com/marijuana/index.ssf/2016/09/industrial_hemp_industry_takes.amp
8,000 pounds of hemp seed per acre. When cold-pressed, the 8,000 pounds of hemp seed yield over 300 gallons of hemp seed oil and a byproduct of 6,000 pounds of high protein hemp flour. Seed oils are both a food and a biodiesel fuel.
Ok 300,000 for 4 lbs of hemp seed. That's 75,000 per lb X 8,000 lbs per acre.
That's 600 million/acre before selling off the fiber which is maybe worth 1,000/acre.
Walmart sells simple Hemp oil by the gallon but it does look like it is not concentrated, for 70.00/gallon
300 gallons per acre X 35.00 = 10,500/acre plus 1,000 fiber = 11,500 X 200 = 2,300,000
Plus 6,000 lbs Hemp flour X 200 acres = 1200000lbs @ 5.00/lb is 7,000,000.
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