Wholesale hemp prices, while higher than for other agricultural commodities, are expected to
decline for key cannabinoid products this year as new suppliers flood the market.
Ajit Singh strode across his 16-acre hemp field toward a broken-down harvester. He’d been
hoping all day that the mechanic now crouched beside the machine could get it back up and
It was late October and Singh still had thousands of stinky green and purple cannabis plants
across 425 acres to pick, dry and sell before winter. Like many hemp growers here in Jackson
County, Oregon, he was harvesting slowly, facing a mold problem and unhappy with prices
offered by potential buyers.