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China’s dairy purchases hard to predict

A dairy economist says recent milk powder sales to China are a good sign, but he’s not expecting China to be buying long-term. Chuck Nicholson with the University of Wisconsin says, “I’d say that’s probably a blip rather than some kind of an indicator... Read More.

2024 ag equipment purchases and leases down

The President and CEO of the Wisconsin Bankers Association says there are fewer ag-related purchases and leases this year. Rose Oswald-Poels tells Brownfield only a few farmers are replacing equipment. “The costs of equipment right now are so high and then again coupled with... Read More.

Low grain prices leading to lack of fertilizer purchases

A fertilizer market analyst says many growers have been holding off on fertilizer purchases. Josh Linville with StoneX Group says poor commodity prices have reduced farmer confidence. “Values are down across the board, and this is deeply impacting farmer profitability. That’s certainly become a... Read More.

Iraq resumes purchases of U.S. rice

An international trade policy director with USA Rice says the fourth largest market for U.S. rice can now resume its purchases of the commodity. Karah Janevicius says “it’s a win-win for farmers, millers, merchants and the rest of the supply chain.” Since 2021, USA... Read More.

GROWMARK purchases Chicago-based grain warehouse

A farmer owned cooperative has acquired a grain warehouse near downtown Chicago, Illinois. GROWMARK has purchased the B-House from COFCO International and renamed it Lakeside Grain Trading. The facility will add 11.5 million bushels of storage to GROWMARK’s grain operations. It can accommodate lake... Read More.