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Economic potential of industrial hemp in Oregon: An ex ante minimum‐data assessment

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  • John M. Antle
  • Seojin Cho

Abstract

This paper provides an ex ante evaluation of the economic potential of the emergent industrial hemp industry in Oregon, a state with conditions favorable to hemp cultivation. The analysis exploits available data to simulate the performance of hemp for fiber and oil in existing cropping systems. The study finds that profitability and adoption of hemp into existing crop production systems in Oregon could range widely, depending on key factors including hemp prices, costs of production, investments in production technology and supply chains, and policies affecting hemp production and utilization.

Suggested Citation

  • John M. Antle & Seojin Cho, 2025. "Economic potential of industrial hemp in Oregon: An ex ante minimum‐data assessment," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 47(1), pages 241-255, March.
    • Handle: RePEc:wly:apecpp:v:47:y:2025:i:1:p:241-255
    DOI: 10.1002/aepp.13477
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    References listed on IDEAS

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    1. John M. Antle & Roberto O. Valdivia, 2006. "Modelling the supply of ecosystem services from agriculture: a minimum‐data approach," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 50(1), pages 1-15, March.
    2. Mark, Tyler & Shepherd, Jonathan & Olson, David & Snell, William & Proper, Susan & Thornsbury, Suzanne, 2020. "Economic Viability of Industrial Hemp in the United States: A Review of State Pilot Programs," Economic Information Bulletin 302486, United States Department of Agriculture, Economic Research Service.
    3. Seojin Cho & John M. Antle, 2024. "Price‐endogenous technology, producer welfare, and ex ante impact assessment: The case of industrial hemp," American Journal of Agricultural Economics, John Wiley & Sons, vol. 106(2), pages 883-903, March.
    4. Beatrice Dingha & Leah Sandler & Arnab Bhowmik & Clement Akotsen-Mensah & Louis Jackai & Kevin Gibson & Ronald Turco, 2019. "Industrial Hemp Knowledge and Interest among North Carolina Organic Farmers in the United States," Sustainability, MDPI, vol. 11(9), pages 1-17, May.
    5. Trey Malone & Kevin Gomez, 2019. "Hemp in the United States: A Case Study of Regulatory Path Dependence," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 41(2), pages 199-214, June.
    6. Alberto Assirelli & Lamberto Dal Re & Stanislao Esposito & Andrea Cocchi & Enrico Santangelo, 2020. "The Mechanical Harvesting of Hemp Using In-Field Stand-Retting: A Simpler Approach Converted to the Production of Fibers for Industrial Use," Sustainability, MDPI, vol. 12(21), pages 1-12, October.
    7. Campbell, Julie H. & Rabinowitz, Adam N. & Campbell, Benjamin L., 2020. "Concern and Externalities Associated with Locating Hemp Production and Processing Facilities," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 52(4), pages 624-641, November.
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