Recent USDA data shows that the value of hemp produced in the U.S. in 2023 reached $291 million, up 18% from the year prior.
USDA: Value of U.S.-Grown Hemp Up 18% in 2023
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The value of hemp produced in the U.S. totaled $291 million in 2023, up 18% from 2022 totals, according to an April report from the U.S. Department of Agriculture (USDA) National Agriculture Statistics Service (NASS).
In 2023, there were 27,680 acres of industrial hemp planted outdoors — or “in the open” — for all utilizations, down 2% from 2022, according to NASS statistics. The value of hemp production in the open totaled $258 million, up 22% from last year, while the area harvested for all purposes in the open totaled 21,079 acres in 2023, up 15% from the year prior.
Floral hemp production grown in the open in the U.S. last year was estimated by the agency at 8.03 million pounds, up 18% from 2022. In the open area harvested for floral hemp was estimated at 7,383 acres, up 4% from last season, the report says. The average yield for 2023 floral hemp in the open was estimated at 1,088 pounds per acre, up 134 pounds from 2022. The value of floral hemp grown in the open totaled $241 million in 2023, up 35% from the year prior.
National production of hemp grown outdoors for grain in the U.S. last year totaled 3.11 million pounds, up 28% from 2022, according to the NASS. The area harvested for hemp grown in the open for grain was estimated at 3,986 acres, representing a 26% decline from last season. The average yield for hemp grown in the open for grain last year was estimated at 779 pounds per acre, up 327 pounds from 2022. The value of hemp grown in the open for grain totaled $2.31 million, down 36% from the year prior.
In 2023, production of hemp grown in the open for fiber was estimated at 49.1 million pounds, up a striking 133% from 2022, while the area harvested for outdoor-grown hemp for fiber in the U.S. was estimated at 12,106 acres, up 77% from last season, according to the report. The average yield last year for hemp grown in the open for fiber was estimated at 4,053 pounds per acre, up 983 pounds from last year. The total value of hemp grown in the open for fiber in 2023 topped $11.6 million, down 59% from 2022.
Production of hemp grown outdoors for seed last year was estimated at 751,000 pounds, up 414% from 2022. Area harvested in the U.S. for hemp grown in the open for seed was estimated by NASS at 1,344 acres – a 66% increase from last season – with an average yield estimated at 559 pounds per acre, up 379 pounds from last year. The value of outdoor hemp grown for seed in the U.S. totaled $2.91 million, up 96% from last year, the report says.
In 2023, hemp cultivators in the U.S. used 3.24 million square feet “under protection” – or indoor cultivation – for production, down 33% from 2022, with a value totaling $32.9 million, representing a 3% decrease from last year.
Hemp clones and transplants grown indoors in the U.S. last year totaled 934,000 plants, down 26% from 2022. The value of hemp clones and transplants grown under protection totaled $870,000, up 18% from last year, according to the NASS.
Floral hemp grown indoors in the U.S. last year was estimated by the NASS at 75,866 pounds, down 28% from 2022, with a value of $25.8 million, which marks a 4% increase from last year. Hemp grown under protection in the U.S. for seed totaled 1,236 pounds, down 45% from 2022. According to the NASS, the value of hemp grown under protection for seed totaled $6.25 million, down 26% from last year.
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