Understanding The Hemp Industry and It’s Effects on Profit.

• Introduction
  • Subscribe, Rate, Review, Follow, Share
  • Text 515.207.9640 / E-mail farm4profitllc@gmail.com
• Answer questions
• What’s working for Ag – listener or farmer feedback - Tim Couser, Central Iowa
  • Commodity groups, video messaging, staying in shape.
• It’s not a waste of time if you uncover something valuable-What could hemp do for the industry and your farm.
  • Please introduce yourself, your background with hemp, and your company’s role in the process…..
    • Jeffery Yarosz CEO of www.flura.com
  • Was the 2018 FarmBill a turning point for the hemp industry? Why?
    • Yes, federally legalized the growing.
  • What is hemp grown commercially used for?
    • Nuetrasuticals, paper, plastic, CBD, grains
  • What rate is the hemp acres growing?  Is there demand to help support the growth?
    • Infrastructure is needed
  • What is the best climate to grow hemp in?
    • Plants will be bred to be grown in all climates
  • When grown do you have to use precautions like security fencing, monitoring, etc….?
    • the power of communication is key.
  • Up until lately this process has been very manual including the labor from many people.  What is the industry doing to make the process more automated?
    • Flura is focusing on seed genetics and mechanizing the process.
  • Half of our listener base is from Iowa.  Is this something farmers in Iowa could look at growing? 
    • Yes, toughest part will be getting the final product to market.
  • What would the outlet be for sale?
    • Dried down and shipped
  • What is the best way for a farmer who has interest in learning more go about doing that?
    • visit www.flura.com
  • We’ve heard of the expertise being tribal, is it hard to farmers to gain knowledge?
  • Buy seed by the pound/bushel/unit?
    • Where do you buy it?  
      • Buy it by the pound.  www.flura.com is one source
  • Sell the grown product by the pound/bundle/unit? 
    • Where do you sell it?
  • Our podcast is based on profitability.  How can or has growing hemp as a commercial product helped farmers achieve higher levels of profitability?
  • What are the numbers roughly for costs to grow and revenue per acre
    • revenue could be up to $30/lbs sold and an acre can grow 8000 lbs of material
  • Could these prices be tempered as interest spreads for growing the crop?
    • certainly
  • For the listener who doesn’t believe in this market as a viable crop, what would you say to them?
    • try it
  • For the listener who is excited to continue learning more and give this crop a try, what would you say to them?
• Summarize
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• Challenge
  • What Next?
• Submit questions and topic suggestions