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Benavidez, Lashmet discuss legal, economic hemp production risks


Free video series highlights economic and regulatory considerations in hemp production.
Can you make hemp a profitable part of your overall crop mix? This is a key question producers need to answer when considering adding hemp to their production list in 2021, says Texas A&M AgriLife Extension Economist Justin Benavidez. 
Benavidez and Extension Agricultural Law Specialist Tiffany Dowell Lashmet recently spoke with Farm Press about a free video series that not only addresses the economic risks of hemp production but the legal considerations as well. 
One of the questions I get a lot is, What are the prices? How much money am I going to make producing hemp?  Benavidez says. What we re focusing on in this program is how do you budget those outcomes for yourself? ....

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New hemp series addresses economic, legal considerations in Texas


Shelley E. Huguley
Texas A&M AgriLife specialists discuss hemp production, legal issues, budgets and crop insurance in short videos.
A series of short video presentations addressing major issues facing Texas hemp producers is now available. The free series,  Economic and Legal Considerations for Production in Texas, addresses issues pertinent to producers considering adding hemp to their operation. 
We are thrilled to roll out a project we’ve been working on the for the last year, said Tiffany Dowell Lashmet, Texas AgriLife Extension, in her recent Texas Agriculture Law Blog.  Thanks to a grant from the Southern Extension Risk Management Education Center, I’ve worked with my colleagues in the Ag Economics Department at Texas A&M to pull together legal and economic resources related to hemp production. ....

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