USDA Releases National Hemp Report

USDA Releases National Hemp Report

In late February, the U.S. Department of Agriculture’s (USDA) National Agricultural Statistics Service (NASS) published the results of the 2021 Hemp Acreage and Production Survey in the form of its first National Hemp Report. 

According to NASS officials, the first of its kind survey will not only guide federal agencies in their support of the hemp industry but will also assist producers and manufacturers — while having the potential to influence policy decisions regarding the hemp industry.

USDA 2021 Survey

Let’s take a closer look at the report’s headline statistics — along with how USDA’s 2021 survey data compares to Hemp Benchmarks production estimates for prior years:

Outdoor Acreage: Planted area in 2021 for all utilizations totaled 54.2 thousand acres. The value of hemp production in the open (outdoors, in other words) for the United States totaled $712 million. Area harvested for all purposes in the open totaled 33.5 thousand acres. 

Based on Hemp Benchmarks’ documentation of the acreage registered for hemp in 2021 – over 193,000 acres, the USDA’s survey data indicates that nearly 30 percent of registered acreage was planted nationwide. Harvested acreage reported to USDA is only 17 percent of the amount registered last year.  

When compared to Hemp Benchmarks’ estimate of outdoor acreage planted with hemp for all utilizations in 2020 (up to 160,000 acres), the USDA’s survey data indicates that national hemp production contracted by as much as about two-thirds year-on-year. 

Outdoor Floral Hemp: U.S. floral (cannabinoid) hemp production grown in the open for 2021 was estimated at 19.7 million pounds. Area harvested for floral hemp in the open in the United States was estimated at 16.0 thousand acres. The average yield for 2021 floral hemp in the open was estimated at 1,235 pounds per acre. The value of floral hemp grown in the open totaled $623 million.

It must be noted that, in valuing the acreage of floral hemp grown outdoors — the USDA survey data conflated crops grown for biomass and those grown for smokable flower, which commands significantly higher wholesale prices. Based on the USDA figures, ‘floral hemp’ grown domestically in 2021 averaged just over $31.50 per pound. February’s Hemp Benchmarks Spot Price Index report shows that hemp biomass with 10 percent CBD potency transacted at an average price of $3.70 per pound, while smokable flower sold for a bit under $250 per pound, on average. 

Hemp Grain: National production of hemp grown in the open for grain in 2021 totaled 4.37 million pounds. Area harvested for hemp grown in the open for grain in the U.S was estimated at 8,255 acres. The average yield for 2021 hemp grown in the open for grain was estimated at 530 pounds per acre. The value of hemp grown in the open for grain totaled $5.99 million.

Hemp Fiber: In 2021, production of hemp grown in the open for fiber was estimated at 33.2 million pounds. Area harvested for hemp grown in the open for fiber in the U.S. was estimated at 12.7 thousand acres. The average yield for 2021 hemp grown in the open for fiber was estimated at 2,620 pounds per acre. The value of hemp grown in the open for fiber totaled $41.4 million.

Hemp Seed: Production of hemp grown in the open for seed in 2021 was estimated at 1.86 million pounds. Area harvested for hemp grown in the open for seed in the U.S. was estimated at 3,515 acres. The average yield for 2021 hemp grown in the open for seed was estimated at 530 pounds per acre. The value of hemp grown in the open for seed totaled $41.5 million.


Older Post Newer Post