Loading

36°F

34°F

37°F

33°F

35°F

38°F

37°F

37°F

34°F

38°F

37°F

37°F
Search
NEWS STORIES

Ginseng Board Strikes $200 Million Deal with Chinese CompanySubmitted: 04/23/2013
Story By Lex Gray


EDGAR - You see "Made in China" stickers every time you go to the store.

But soon, Chinese people will be seeing more Wisconsin-grown and made products in their stores.

Governor Walker went on a trade mission to China last week to help generate business in Wisconsin.

"Ginseng in our area is a pretty popular thing because of our soil and climate," said ginseng farmer Joe Heil. "Marathon County is the leading producer of ginseng in the US."


Heil is the president of the Ginseng Board of Wisconsin. He farms corn, soybean and 100 acres of ginseng. Ginseng is highly valued as an herbal medication, especially in Asia.

"It's definitely a bigger challenge. Soybeans, corn, anyone can grow that crop," he said. "Ginseng is a real challenge, there's no books, there's not been a lot of research done as far as how to grow it, because it's such a challenge."

But there's a payoff. Heil's fields are muddy and snow-covered now, but in October, they're worth upwards of $100,000 per acre.

Governor Walker worked out a big ginseng deal with Chinese leaders last week.

He announced growers could export $200 million worth of ginseng over the next ten years. Most of it will come from Marathon County.

"We understand a win-win proposition," Walker said from Beijing. "For us, a strong Chinese economy is just as important to us as a strong American economy in Wisconsin is for the people of China."

Heil hopes Governor Walker's trade mission will help Wisconsin's ginseng industry grow.

"I'm hoping that it's sustainable enough that young people will start getting back into the business or taking over the family farms," he said. "That's one thing we've seen, if we go back about ten years we have 1500 farmers and now we're down to about 140 in the state of Wisconsin just because it's not been profitable."

Text Size: + Increase | Decrease -
Print Story | Email Story
Sponsored in part by HodagSports.com





 IN OTHER NEWS

MADISON - The cost to protect Republican Gov. Scott Walker and Lt. Gov. Rebecca Kleefisch last year was more than three times as much as it took to protect his Democratic predecessor in 2010.

+ Read More

Play Video

MINOCQUA - It may have been a little chilly the past few days, but warm weather is headed our way.

And as the weather warms up, the Wildwood Wildlife Park in Minocqua prepares for the new season by opening up some new exhibits and introducing some new animals.

+ Read More

Play Video

LANGLADE COUNTY - Some Wisconsin legislators introduced a bill this week that would make it illegal to wear headphones or earbuds while driving in the state.

+ Read More

Play Video

WAUSAU - One of the groups that went to the Business Expo was E3YP.

The group originated from the growing need to get young people to stay in area.

Young people often start working in smaller northcentral Wisconsin communities, but they end up leaving after a few years. It's something that E3YP hopes to change.

+ Read More

Play Video

ASHLAND - An Ashland High School science teacher has returned from a multiple week oceanic research experience to start passing on her new knowledge.

+ Read More

Play Video

ANTIGO - Students graduating from high school could be at risk for contracting meningitis. Public health experts say now is a good time to make sure high school students are up to date on their meningitis vaccinations.

+ Read More

MADISON - Wisconsin made a marijuana-based drug to treat seizures legal, but patients still can't get it.

Now a state senator wants to fix the problem.

+ Read More
+ More General News
Search: 




Click Here