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.
The goal is to start conversations and connect farmers with help when they need it.
DOJ and USDA investigate beef industry concentration, with Big Four packers under scrutiny and a major settlement announcement expected later this week.
Growth Energy CEO Emily Skor joins us to discuss the uncertain path for year-round E15 sales and the next steps as the issue heads toward a standalone House vote after it was stripped from the Farm Bill.
Nebraska cattle rancher Joe Van Newkirk joins us to discuss wildfire recovery in Nebraska’s Sandhills athe challenges ranchers face restoring basic infrastructure after the fire.
Seasonal pricing strength is lining up with crop stress, giving wheat producers another weather-driven marketing window. Shaun Haney joins us to discuss concerns from ag bankers on farm profitability.
The spending bill keeps animal health and traceability funding in place while trimming several other USDA accounts.
