Hemp

(Pennock MN-) Hultgren Farms of rural Pennock is growing hemp this year, trying to see if they can be successful in meeting the increasing demands of people who want to eat, drink, smoke and wear the once illegal plant and it's by-products. The 2018 Federal Farm Bill categorized hemp as an agricultural crop and allows for production. Nate Hultgren says they've planted 65 acres of hemp, which is about 1% of their total acres, in a field near Belgrade. Hultgren says they planted about 45 acres last year and were not pleased with the results. Hultgren says the key is to have the crop classified as "food grade" which then opens up many market possibilities...

...Hultgren says some of last year's crop ended up on protein bars...

...Hultgren says they are not raising hemp to be used for CBD oil. He says that's a more specialized process...

...Hultgren says when it comes to hemp, they are taking a slow, careful approach. He says with corn and soybean prices so low, new opportunities are often born out of tough times. He says, why not try and make a profit instead of a gauranteed loss.