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.
As input costs continue to rise, diesel prices have held steady in recent weeks, according to energy analysts at GasBuddy.
September 25, 2025 12:02 PM
·
The USDA is moving to close the farm trade gap through promotion, missions, and stronger export financing.
September 25, 2025 10:46 AM
·
Midwest corn and soy producers are monitoring for disease and lower yields due to the ongoing drought over the last 30 days.
September 24, 2025 04:38 PM
·
Fewer placements and historically low marketings point to tighter cattle supplies ahead, with Nebraska and Kansas gaining ground as Texas feedlots face supply pressure and the threat of New World Screwworm.
September 24, 2025 03:40 PM
·
Industry-wide participation in SHIP enhances biosecurity and fosters global trust in U.S. pork, says swine health expert, Dr. Christine Mainquist-Whigham.
September 24, 2025 03:32 PM
·
A new study by the National Grains and Feeds Association found that their industry generates $401.7 billion in economic output and supports over 1.16 million jobs nationwide.
September 24, 2025 02:41 PM
·
