Home / Knowledge / News / Textiles / Alberta hemp industry is growing - study says
Alberta hemp industry is growing - study says
25
Sep '12
Interest regarding industrial hemp continues to increase within Alberta’s agricultural sector. Not only does the crop grow well in the province, but the increased consumer interest in sustainability and renewable resources suggests that potential markets will emerge for the oil and fibre products derived from hemp.

A recent study completed by Alberta Agriculture and Rural Development and sponsored by Growing Forward, a federal-provincial-territorial initiative, provides a detailed overview of the entire industrial hemp value chain within Alberta. It includes a review of the industrial hemp seed and straw uses as well as an analysis of hemp processing systems around the globe.
 
Specific emphasis was placed on developing benchmarks for farm level costs of production. Nevin Rosaasen, research economist with Alberta Agriculture and Rural Development emphasizes that, “knowing your costs of production and your relative profitability per unit of output is crucial for maintaining the long-term profitability of your farm business.”
 
“As a producer, you need to evaluate and adapt crop production and management information to fit your own operation and above all, make better profit-driven choices,” he adds. “The choices you make and the products and services you invest in must make your operation profitable. You cannot monitor or evaluate the effectiveness of something you do not measure.”
 
While there appears to be a tremendous opportunity for industrial hemp production and processing in Alberta, it is recognized that there have been a number of false starts over the years. Many of the difficulties with industry development stem from the fact that supply chain relationships are not yet fully developed and as a result the industry is unable to fully commit on a longer term basis. The key factor to remedy this situation is finding stable end markets, specifically for fibre based products.
 
There are significant efforts underway to further refine fibre processing technology. These efforts, when combined with those targeting the development of markets for seed, fibre and hurd, will be of critical importance to the sector. If these activities help to either increase competitiveness by reducing cost of production and/or increase potential markets, the benefits to Alberta could be significant.
 
Opportunities can only be realized if advances in the processing and end market development can be combined with increased experience and knowledge of production systems and costs at the farm level. Continued commitment on the part of all stakeholder groups is essential to the success of the Alberta Hemp industry.

Alberta Agriculture and Rural Development


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X