ANKENY, IOWA (RFD NEWS) — A powerful winter storm moving across farm country is raising concerns about potential impacts to farm operations, rural communities, and the agricultural supply chain.
Mike Steenhoek, with the Soy Transportation Coalition, joined us on Friday’s Market Day Report to discuss what the organization is watching as the storm progresses, particularly in transportation and supply chain disruptions.
The conversation also turned to rail transportation issues, including the proposed merger between Norfolk Southern and Union Pacific. Steenhoek addressed the Surface Transportation Board’s decision to reject the merger application due to insufficient information and outlined the issues identified in the paperwork. He also touched on the industry’s mixed reactions to the proposed merger, which were part of the discussion as well, including concerns about pricing and consolidation, and how those factors could impact agriculture as a whole.
Finally, Steenhoek discussed how the process could move forward as the companies work to revise and resubmit their application.
Shaun Haney joined RFD News to discuss the potential impact of the Trump-Xi summit uncertainty, ongoing agricultural trade talks, and why geopolitical developments could carry important implications for farmers and global commodity markets.
