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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Sen. Deb Fischer, of Nebraska, mentioned that Congress pushing through year-round E15 sales will do more to help commodity growers than more farm aid, which is currently a reality.
Sen. Moran joins us to discuss the farm aid package and the financial reality faced by row crop farmers in his home state of Kansas.
Grain farms still have strong balance sheets, but another stretch of low profits will force hard cost cuts, especially on high-rent, highly leveraged operations.
The new rule removes prevented-plant buy-up coverage, prompting strong objections from farm groups concerned about added risk exposure.
Tight Credit, Strong Yields Define Early December Agriculture
Lawmakers and experts react to the Administration’s long-awaited announcement of “bridge” aid to stabilize farms and offset 2025 losses until expanded safety-net programs begin in 2026.
