It is possible to earn 12 million hryvnias on 100 hectares of hemp

Published 2024년 5월 20일

Tridge summary

Hemp cultivation is poised to become a profitable venture for Ukrainian farmers, with the potential to earn over UAH 12 million from 100 hectares, as stated by Serhiy Tkachenko, director of the Institute of Bast Crops. The plant is expected to become as common as wheat in Ukraine. The yield of hemp is approximately 1.3 tons per hectare, and 30% of the raw material can be extracted as oil, which currently sells for at least UAH 400/kg. Additionally, the producer can sell the cake from the plant for protein fodder and the straw for profit. The cost of growing hemp is roughly equivalent to corn, and the equipment and fertilizer needs are similar.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Growing hemp can bring a farmer more than UAH 12 million from 100 hectares. Serhiy Tkachenko, director of the Institute of Bast Crops of the National Academy of Sciences of Ukraine, said this. Kurkul.com writes about it. Today, the forgotten branch of hemp growing is being revived in Ukraine. In the near future, hemp will be as common an agricultural crop for Ukraine as wheat. According to him, the real yield of hemp is 1.3 t/ha, and from 100 kg of raw material you can get 30% of oil, which costs at least 400 hryvnias/kg. "Currently, the price is even increasing somewhat. That is, if you received 30 tons of oil and sold it at UAH 400,000/t, as a result, you will have at least a profit from hemp of UAH 12 million from 100 hectares. Just compare these figures with the sale of grown corn," the scientist noted. According to him, after selling the oil, the producer will still have cake, which can be processed into protein fodder and sold profitably, and about 4 t/ha of straw in the ...
Source: Superagronom

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