Well, if the person was already engaged in farming, he probably already has them. If not, a number of county extension offices have drills, the combine can be done by a contract harvester, and the tractor can be bought used, or even new, with a loan (again assuming that somebody who already has a large plot of land doesn't already have a tractor).
It's a huge unknown risk that Oklahoma producers won't take imo. You may see a few acres here and there, but it will turn out like the lottery and horse racing funding education.
Pretty sure hemp is swathed then baled, no combine needed.
Pretty sure hemp is swathed then baled, no combine needed.
They're using a combining system that swaths AND gleans in one pass. Has a header that looks like a corn kit. Kind of complicated. (seriously)
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Yes it is swathed. I was putting on worst case scenario in response to hemp is taking over the world which is ridiculous.
The prices quoted per acre/quarter/section if true by Chenry of $1 million per section would need to be verified by someone other than high times magazine.
If I could get verified links of folks making that kind of money from hemp, I have a section I’d put up for planting with a half million security fee, cash in advance. Chenry could profit the rest. Guaranteed return right?
The prices quoted per acre/quarter/section if true by Chenry of $1 million per section would need to be verified by someone other than high times magazine.
If I could get verified links of folks making that kind of money from hemp, I have a section I’d put up for planting with a half million security fee, cash in advance. Chenry could profit the rest. Guaranteed return right?
County extension offices aren't equipped to plant hemp. Yes, some do have drills for rent, but typically are designed for wheat in my area anyway. They don't have the money to invest in cotton, milo, or corn planting equipment. One can adapt if necessary.
One seed per half inch or so with 7" spacing or so depending on the drill, per row for wheat is typically the norm depending on some variables and that won't work for hemp.
I don't see a lot of custom cutters buying the headers to combine it because of the small acreage.
There are custom harvesters out there that do specialty work like harvesting bluestem grass seed in Osage County, but lordy it is high because of the low yield and cost of the equipment to harvest it.
Well assuming a wheat farmer already has those items. But even if a guy runs out and buys that all new to start a new hemp operation, it's much easier to pay for it growing a crop that pays 10 times better than wheat. So it's really a non issue either way. It's a win win for established farmer and new ones too.
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Nope, cannabis was already here and it's not going to increase a lot. That's your war on drugs at work. There is far more weed in OK today than 25 years ago. So how's that working out for us.
Here's the thing. The first couple of years the money will be great, just like you say. Word will get out then every Tom, Dick and Harry will be planting hemp. There will be a huge amount of crop so prices will fall like a brick. Look at ostrich and emu farming. Uber nice farms were popping up everywhere. When it caught on and got trendy, it just died monetarily speaking.
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