In response to the request that Iowa farmers plant 45,000 acres of hemp, the Iowa extension service published a pamphlet entitled "Hemp Production Experiments" in 1944. For the purposes of a market analysis a critical number from this study is the production rate of hemp per acre. An average of 4 sites with a seeding rate of 5 pecks/acre was 3.9 tons/acre of dry retted straw. The production data ranged from 3.1 to 5.0 tons/acre and largely depended on the quality of the soil.
http://www.gametec.com/hemp/mktanalysis.htmlAs far as mineral content goes I don't know if that's being cited for soil depletion purposes or something to do with the processing. Hemp has a relatively high mineral content (which is why isochanvre works), but not of the type that depletes soils agressively.
I don't know why 25 inches of rain is touted as a benefit, as it's considered high up in Canada, for example:
Hemp requires a lot of moisture. Measurements at Ridgetown College indicate the crop needs 300-400 mm (10-13 in.) of rainfall equivalent. Since that amount of rainfall seldom occurs during the growing season, it is important to make use of early soil moisture and to obtain early ground cover to reduce surface evaporation, as well as to maintain good weed control.
About half of this moisture is required during flowering and seed set in order to produce maximum grain yields. Drought during this stage reduces seed set and produces poorly developed grain heads. Continued drought results in low yields of light grain.
Perhaps someone with farming credidentials could elaborate.
My point is basically that companies are going to try to repackage and resell GM and proprietary breeds for energy production. In reality we don't need them. The better way to go about this is not to farm exclusively for energy, but to farm a high energy yeilding crop that also produces other desireable products.
(Though the oil-producing algae ponds do look attractive.)