Economics of Producing Industrial Hemp in NYS, 2019 Budgets
John Hanchar, Farm Business Management Specialist
Northwest New York Dairy, Livestock & Field Crops
January 17, 2019
Summary
- Variable costs of production estimates for 2019 are $390, $321, and $296 per acre for industrial hemp for fiber only, seed (grain) only, and dual purpose fiber and seed (grain), respectively.
- Total costs of production estimates for 2019 are $546, $486, and $491 per acre for industrial hemp for fiber only, seed (grain) only, and dual purpose fiber and seed (grain), respectively.
- Returns above total costs estimates for 2019 are $248, $624, and $867 per acre for industrial hemp for fiber only, seed (grain) only, and dual purpose fiber and seed (grain), respectively.
Industrial Hemp Production Budgets, NYS, 2019 (pdf; 280KB)
- Download the 2019 Budgets to help make decisions regarding industrial hemp's place in your croppinig systems
Dairy
Livestock
Grazing
Forages
Grains
Upcoming Events
To Keep or Not to Keep: Dairy Welfare and Profitability Considerations
January 21, 2025
January 28, 2025
February 4, 2025
February 11, 2025
February 18, 2025
February 25, 2025
March 4, 2025
Join Statewide Dairy Specialists and PRO-DAIRY every Tuesday at 12pm for an insightful webinar series discussing various aspects of dairy cattle culling management from economics to welfare.
2025 NWNY Dairy Day
February 6, 2025 : NWNY Dairy Day 2025
Perry, NY
Sponsorship and Registration OPEN NOW!
The CCE NWNY Dairy, Livestock and Field Crops team will be holding it's 3rd Annual "Dairy Day" on February 6, 2025! We will be bringing the latest in dairy research and hot topics to you with this in-person, 1-day conference.
2025 Soybean & Small Grains Congress
February 12, 2025
Henrietta, NY
Sponsorship NOW OPEN
Participant Registration for the 2025 Soybean & Small Grains Congress NOW OPEN! - February 12th 2025
Announcements
Follow us on Instagram
See photos and reels of our most recent events and programs!Join us on Facebook!
Follow us on Facebook to get up to date posts about events, workshops and everything NWNY!Add us on LinkedIn!
Connect with us on LinkedIn to get more information about upcoming workshops and programs!