Hemp Pricing (in Ontario)
Although I've looked long and hard, it's difficult to get recent figures on industrial hemp. Thanks to someone who works with the Ontario Hemp Alliance, I've been given some guidance on recent Canadian hemp market prices.
All prices presumed to be in Canadian dollars:
Costs:
Hemp seed (for planting): High germination yield seed $2.50 per pound, Low germination yield (<50%) 75 cents per pound.
According to the Saskatchewan government site, one should expect to use 20 lbs per acre for grain production. Fibre production requires a denser seeding rate...60 lbs per acre. OMAFRA estimates that farmers will need to spend 110 dollars per acre in fertilizer. OMAFRA lists other costs associated with hemp cultivation. The numbers are a bit sobering.
Crop Prices:
Hemp grain: Low quality, 30 cents per pound; Medium quality 65 to 80 cents per pound; and Top Quality organic hemp seed sells for around 1 dollar per pound.
Evidently the market for straw is difficult to generalize, given that the logistics determine whether or not there's a local market. Processors need to be within 100 to 200 km to make hemp straw viable. OMAFRA lists prices in the range of 70-180 dollars per ton.
Notably missing are hemp fibre prices, and that's because the processing facilities do not exist (in Ontario)...yet.