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CropLogic to trial industrial hemp production on Oregon farm
2 minute read
In keeping with its plans to establish a trial farm in Oregon, USA, CropLogic Limited (ASX:CLI) has sourced and agreed terms for the lease of a 150 acre property.
CLI hopes to execute the lease in the coming weeks with a view to cropping industrial hemp on this trial farm in the upcoming 2019 season.
Oregon is a long supporter of industrial hemp and is in the top three USA states producing it, having been amongst a handful of states that legalised the production of industrial hemp years prior to the Farm Bill being passed in late 2018. This means Oregon’s infrastructure and knowledge around hemp production compares well to other states.
CropLogic feels its agronomy and precision agriculture team is well placed to crop industrial hemp in Oregon. The company has a strong presence and regional knowledge of the Pacific Northwest (Washington State, Idaho and Oregon) with an agronomy team that has serviced this region for up to 30 years and with a market share of up to 30% in some crops.
CropLogic’s digital applications, namely CropLogic realTime and CropLogic aerial imagery will also have direct application to optimising the yields and grade of the company’s hemp biomass crop.
The trial farm is located in the highly productive agricultural county of Deschutes County, Oregon, and will be leased for a three year term with an option to sub-lease in years two and three.
CropLogic also reports that it has recruited an experienced hemp specialist to assist its current agronomy and precision agricultural team. It will now begin the process of procuring seeds and other elements required to develop the crop for this Oregonian growing season that normally runs from May to October.
James Cooper-Jones, CEO of CropLogic, said: “CropLogic reacts to regional trends when approaching the different locations it expands into. Trial farms are a common model for agricultural research companies and provide a way for CropLogic to put its considerable agronomy and precision agricultural expertise and technology into practice.
“Oregon and particularly Deschute County, Oregon is ideally placed for this trial farm and for industrial hemp production. CropLogic’s pacific northwest regional knowledge, agronomy and digital agtech applications, namely CropLogic realTime and CropLogic Aerial Imagery, are well placed to optimise production and grade of industrial hemp.”