2021 Hemp & Enterprise CBD Budget Model

Dr. Tyler Mark, UK Ag. Economist, and Jonathan Shepherd, Ag. Economics Farm Management Specialist, created the 2021 interactive enterprise budget models for industrial hemp producers. This EXTREMELY useful tool benefits those newly considering or perhaps working to optimize hemp production efforts. Tabs at the bottom of the sheet denote different production models, and the data can be manipulated to evaluate different scenarios.

Download the 2021 Hemp & Enterprise CBD Budget Model document.

Extension Publications

• The Economics of Hemp Production in Kentucky - by Jonathan Shepherd and Tyler Mark, UK Ag Economics
• Economists’ Viewpoints Surrounding the Hemp Boom - by Jonathan Shepherd, Tyler Mark and Will Snell, UK Ag Economics

Educational Videos

• Current/Future Economic Outlook - Presented by Dr. Tyler Mark

• Budgets, Risk Management, and Contracts - Presented by Dr. Tyler Mark