The purpose of this project is to collect 2020 hemp producers’ cost of production information for three target markets (fiber, grain, essential oil). Lack of available data is a well-documented problem for the nascent U.S. hemp industry even as more detailed data is needed for rulemaking (2018 Farm Bill, Public Law 115-334) and any associated guidance that may be forthcoming. This will be the 1st national survey of hemp producers to establish a baseline of production costs by region and intended market/supply chain channel. Currently many producers, processors, policymakers, and stakeholders are making decisions with either no data or minimal data. Information from this survey will be used in a variety of ways and is pivotal in understanding how to move this industry forward.
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In 2020, states licensed a total of 21,496 growers a 27% increased compared to 2019.
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Colorado had 61,854 of outdoor acres planted in 2020, the most in the U.S.
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In 2020, there were 2,017 hemp growers in CO
- According to CSU, the value chain of Colorado agriculture contributes nearly $40B to the state economy. Farms and ranches need a viable workforce.
- The 2020 Colorado Agricultural Labor Survey for Employers closes February 1, 2021 for responses. We will release preliminary finding in early 2021 with a full report later that year.
