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Optimism for Japan’s future ethanol purchases

Iowa’s deputy ag secretary says he’s optimistic Japan will expand its purchases of U.S. ethanol. Grant Menke says it was a big discussion point during a recent trade mission to the country. “Right now, cars in Japan are running on the equivalent of an...

USDA announces $1.7 billion in local food purchases 

The U.S. Department of Agriculture is making a major investment in local and regional foods. Deputy Secretary Xochitl Torres Small tells Brownfield nearly $2 billion in Commodity Credit Corporation funds are being dedicated to emergency food assistance. “This is going to help states purchase...

China possibly stockpiling as U.S. soybean purchases continue

Chinese demand for U.S. soybeans is improving. Michael Cordonnier with Soybean and Corn Advisor tells Brownfield low prices are generating business. “Imports have picked up for sure, and you know what they say, ‘low prices cure low prices.’ So they’re very savvy traders, they...

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...

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...

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...

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...

Ohio Farm Bureau purchases champions from the 2024 Ohio State Fair

The Ohio State Fair’s Sale of Champions raised more than $260,000 for ag youth.   Ty Higgins, senior director of communications and media relations with the Ohio Farm Bureau says the sale is an investment in 4-H members.  “To have it all culminate with that...