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.
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Texas Agriculture Commissioner Sid Miller launches Agricultural Defense Program to combat pests, disease, and predators threatening farmers and ranchers statewide.
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Nebraska Cattlemen’s Association President Craig Uden shares the latest on Nebraska wildfire conditions, discusses challenges facing producers, and outlines relief efforts underway.
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Ranchers have a lot going on at the moment, but some ‘friendly’ news could be coming with this month’s Cattle-on-Feed Report from the USDA.
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