Many in the agriculture space feel the merger between Norfolk Southern and Union Pacific will be beneficial, but some still hold reservations.
No groups have come out to endorse the plan entirely; instead, most are taking a more cautious approach. Senators Tammy Baldwin and Roger Marshall have sent a letter to the Surface Transportation Board, the group responsible for either approving or tossing the merger. They are asking the Board to keep the best interests of rail shippers like farmers in mind while they consider the plan.
Mike Steenhoek with the Soy Transportation Coalition joined us when the story broke. He tells us one major concern surrounds competition. He warns that a merger would mean farmers have fewer opportunities to shop around for the best prices on shipping.
The review by the Surface Transportation Board could take up to 16 months. Both rail companies hope to have the ink dry in early 2027.
Todd Miller, CEO of Head Honchos, shares about his business offering to ease agricultural labor shortages.
October 17, 2025 04:02 PM
·
Having a good read on fuel prices is a must during harvest, but one analyst says grain farmers should also be watching the crude oil markets.
October 17, 2025 01:26 PM
·
National Farmers Union (NFU) President Rob Larew discusses the urgent need for aid as farm families face mounting input costs and long-term market uncertainty.
October 17, 2025 01:08 PM
·
The new antitrust agreement between the Department of Justice (DOJ) and the U.S. Department of Agriculture (USDA) aims to enforce antitrust laws and monitor market activity across the ag sector.
October 17, 2025 12:27 PM
·
Large carryover stocks continue to put pressure on commodity prices, creating uncertainty for growers looking to market their grain.
October 16, 2025 04:20 PM
·
Peel says Mexico has a much greater capability to expand its beef industry than it did 20 or 30 years ago in terms of its feeding and packing infrastructure.
October 16, 2025 03:59 PM
·
