Items Tagged with '2019 hemp acreage'

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Hemp Acreage Rose in 2019 While Prices Dropped

The 2019 hemp growing season saw impressive growth in planting and harvesting numbers compared to previous years. As more growers enter the space, however, there’s been a noticeable decline in the prices being paid for harvested hemp and its byproducts.
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Hemp Prices Set to Decline, Market Oversupply Forecast

With most farmers in the U.S. still getting into the swing of producing hemp, a price crash may be coming before many can cash out on their crops, according to HempToday. Current estimates show the U.S. market is growing 8 times more hemp for CBD than can be consumed by the market.
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