Healthy Outlook For 2020 Hemp Production

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Healthy Outlook For 2020 Hemp Production

John Lothian News

There is some good news about industrial hemp production buried in PanXchange’s September 2020 report, Hemp: Benchmark and Analysis. Like last year, there has been a big jump this month in the monthly report of the number of planted hemp acres as the harvest progresses.

The amended report confirms that growers were not so disheartened by last year’s crop and this year’s prices that they were giving up on hemp. And the numbers weren’t so low as to make the long term commercial viability of field-grown hemp look questionable.