Ecofibre's Industrial Hemp Fibre Production Guide. 2. Hemp is a 4 m tall annual, daylight sensitive, fibrous plant. It is a summer crop, grown for Fibre, Grain & Oilseed in many countries. There are over 2,000 lines, with low THC.
That cost gap has narrowed, however. With better screens and technology that helps the plants power themselves by recycling the energy used to suck in water-in a way, like a hybrid car regenerates power from its own motion-the typical cost of running desalination plants can dip below $2,000 an acre-foot.
Significant declines in fertilizer costs are possible for the 2014 crop. Fertilizer costs that averaged $200 per acre in 2012 could be in the $125 to $150 range for 2014. Fertilizer cost declines will partially offset projected 2014 revenue declines caused by lower corn and soybean prices.