Growing Hemp in NYS: Risks & Economics

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Lindsey Pashow and John Hanchar, Cornell University/CALS
Cornell Hemp Field Day, August 11, 2022
Risk management.  L. Pashow, J. Hanchar, H. Darby
Funding for this work provided by the Northeast Extension Risk Management Education program.

Items by Priority Risks, Survey Respondents and Small Group Participants, 2021.

table showing marketing, legal and financial risks

Hemp for CBD, expected costs and returns by production system, NYS.  J. Hanchar, S. Shelnutt, L. Pashow, D. Vergara

Acknowledgements

  • funding provided by the New York Farm Viability Institute
  • valuable farm level information provided by NYS hemp value chain participants J. Allyn, C. Devine & T. McDowell, P. Elfstrum, A. Gandelman

Table 1.  Estimated value of production, costs and returns, hemp for CBD by production system, NYS, 2022.

table showing estimated value of production, costs and returns, hemp for CBD by production system, NYS, 2022

Author: cdc25

Craig Cramer is a communications specialist, in the School of Integrative Plant Science, College of Agricultur and Life Sciences, Cornell University, Ithaca, N.Y.