Norfolk Southern and Union Pacific have agreed to a merger. The deal is set to create America’s first transcontinental railroad, linking nearly 100 ports from coast to coast.
Soy Transportation Coalition’s Mike Steenhoek joined RFD-TV’s Tammi Arender to discuss what we currently know about the merger, what this means for agriculture as a whole, and what he is hearing in regards to industry consolidation concerns.
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For dairy producers, that could help support fluid milk use in cafeterias, breakfast programs, and other child nutrition settings.
ASFMRA’s Chad Hertz joins us to discuss farmland trends, economic pressures facing producers, and how outside influences are shaping today’s land market.
“Irresponsible Lending Has No Place in Government Programs,” the U.S. Department of Agriculture said in a press release.
Scouts say yields are landing close to USDA projections as they monitor drought pressure and abandonment concerns.
U.S. Wheat Associates is expanding into global fish feed markets, with early gains in South America and new opportunities emerging in Ecuador’s shrimp industry.
Cattle analysts say the U.S. beef cattle herd rebuild still faces major hurdles despite some minor positive signals noted in certain regions.
