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Is the Emerging U.S. Hemp Industry Yet Another Boom–Bust Market for U.S. Farmers?

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  • Sterns, James A.

Abstract

Land licensed for growing hemp in key producing states has increased ten-fold from 2017 to 2019. With over 300,000 acres authorized for production, will hemp farmers see positive returns? This article analyzes the market dynamics that will help determine current year and longer-term outcomes for the U.S. hemp industry.

Suggested Citation

  • Sterns, James A., 2019. "Is the Emerging U.S. Hemp Industry Yet Another Boom–Bust Market for U.S. Farmers?," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 34(3), October.
  • Handle: RePEc:ags:aaeach:295184
    DOI: 10.22004/ag.econ.295184
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    Cited by:

    1. Waea, 2021. "Western Economics Forum: A Journal of the Western Agricultural Economics Association, v.19, Issue 2, Fall 2021," Western Economics Forum, Western Agricultural Economics Association, vol. 19(2), December.
    2. Dhoubhadel, Sunil P., 2021. "Challenges, Opportunities, and the Way Forward for the U.S. Hemp Industry," Western Economics Forum, Western Agricultural Economics Association, vol. 19(2), December.

    More about this item

    Keywords

    Crop Production/Industries;

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