Financial Highlights
A major Midwest agricultural cooperative announced on July 10, 2026, that hemp seed sales rose 28 percent year-over-year in the second quarter. Revenue reached $14.2 million, driven by increased acreage contracts in Iowa and Nebraska.
Market Context
Strong demand stems from food-grade hemp seed and oil contracts signed with European buyers earlier this year. The cooperative attributed growth to stable pricing and improved seed genetics suited to northern climates.
Operational Updates
The organization added two new cleaning and packaging lines at its Iowa facility to handle higher volumes. Executives indicated they are evaluating additional capacity expansions for 2027.
Industry Implications
The results suggest continued maturation of the U.S. hemp grain segment, separate from cannabinoid-focused markets. Analysts view the quarter as evidence that non-CBD hemp crops can deliver consistent returns for traditional row-crop farmers.
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