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Strong prices have led to ‘unprecedented’ interest in the crop, says Hemp Oil Canada rep. “Normally, people migrate towards hemp when it’s about twice as profitable as canola,” said Friesen, who estimated that a good crop of conventional hemp, at about 40 bushels to the acre contracted at 70 cents per pound will rake in gross revenue of $700/acre compared to about $240/acre for canola. http://www.manitobacooperator.ca/2014/03/13/farmers-high-on-hemp-as-returns-beat-canola/ |
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