ONE HECTARE OF HEMP CAN PRODUCE
( 14 ) 1 . 250 litres of hemp seed oil used for everything from paint , to food-grade culinary oil . High-quality food grade hemp seed oil retails for up to NZD $ 75 per litre ; or
2 . One metric tonne of
Investor Report Industrial Hemp Sector New Zealand ’ s New Export Opportunity 2020
hemp seed , a nutritious cereal that is rich in easily digestible protein and omega 3 fatty acids . ( Hulled hempseed retails for up to NZD $ 70 per kilogram ); or
3 . Three metric tonnes of hemp fibre , valuable for the manufacture of rope and textiles - retails for around
NZD $ 2 per kilogram ; or retails for around NZD $ 2 per kilogram ; or
4 . Six metric tonnes of hemp hurd ( pulp ), useful for the production of paper and construction materials such as hempcrete ( retails for around NZD $ 1 per kilogram ).
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RETURNS FROM HEMP
1 . Seed prices per ton NZ $ 4,000-5,000
2 . Fibre prices per ton US $ 500 – depends on the specification
HECTARE SEED FIBRE
Yield 800-1,000 kg 8-10 tonnes Dry Weight
Value per kg NZ $ 4.00-NZ $ 5.50 $ 225 / 350 kg Bale
Revenue $ 3,200- $ 5,500 $ 5,150- $ 6,450
Seed rate and cost $ 20 / kg 1-30 kg = $ 20- $ 600 30-50 kg = $ 600- $ 1,000
Gross Margin $ 1,500- $ 4,500 / hectare $ 2,500- $ 4,000 / hectare
These calculations are estimates , and are subject to environmental and other conditions , which could cause crop failures and no earnings . Irrigated land can yield higher than the target ranges above .