processing methods, and regional and market demand. For example, in China, 100 % hemp fiber suitable for spinning ranges from $5.88 to $6.18 per kilogram, whereas in the United States, prices average ...

South Dakota leads the nation in hemp processing and the production of hemp fiber, according to the report. There were 13.6 million pounds of hemp harvested for fiber in South Dakota last year.

South Dakota continued to expand its industrial hemp footprint in 2024 as Texas quickly gained ground, according to the U.S. Department of Agriculture’s National Hemp Report. As defined in the 2018 ...