Farms.com Home   News

International Ginseng Festival Called Off, Again

A slump in market prices due to trade wars and the impact of the Coronavirus are among the factors leading to the decision to cancel the International Ginseng Festival in Wisconsin for the next two years. Organizers announced on Monday that the event will be postponed through 2022.
 
The Wausau/Central Wisconsin Convention & Visitors Bureau originally spearheaded the festival in 2017 at the city's downtown square. However, they called off the 2019 program for financial reasons and intended to hold the celebration every other year going forward.
 
Richard Barett, who serves as the bureau's director, says travel restrictions from China have made it even more difficult to get amble product supplies and attract potential customers for a successful show.
 
Marathon County, Wisconsin, is among the nation's top produces of ginseng and is known around the world for its quality ginseng products.
Source : wisconsinagconnection

Trending Video

Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.