Taken from figures supplied by a successful hemp grower; assuming ten acres
|
|
Taken from figures supplied by a successful hemp grower; assuming ten acres |
|
| Land rental at $125/acre | $1,250.00 |
| Plowing, 2x discing at $35/acre | 450.00 |
| no2 fertilizer;80lbs actual(hog manure). Application | 500.00 |
| Seed at 25lb/acre at $2.60/lb | 650.00 |
| Planting | 150.00 |
| Harvesting, including cleaning before and after | 1,000.00 |
| Drying, bagging, handling | 800.00 |
| Interest on investment | 100.00 |
| License, sampling, THC tests | 300.00 |
| Total Cost Of Production | 5,200.00 |
| Costs/acre | $520.00 |
| Breakeven at 800lb/acre | .65/lb |
| Breakeven at 1,000lb/acre | .52/lb |
| Breakeven at 1,200lb/acre | .43/lb |
| Under normal growing conditions yields should equal or exceed 1,000lb/acre. The OHA breeding program hopes to achieve, within a couple of years, cultivars yielding 2,000lb/acre. | |
| Selling price for clean, Ontario-grown hemp should bring greater than $0.70/lb and organic greater than $0.90/lb. | |
| Please understand that all of the above are provided as a planning tool only. The Ontario Hemp Alliance accepts no responsibility for actual farming and market-place performance. | |
| The Alliance seeks and requests any input to our collection of hemp data. Further, to achieve our development goals, we need active, paid-up members and investors in our breeding program. Returns from this investment, in addition to advancing this new crop, include discounts on the purchase of certified seed owned by the OHA. | |