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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Jed Bower, the incoming president of the National Corn Growers Association, joined us for his sector’s perspective on the ongoing government shutdown.
Treasury Secretary Scott Bessent last week said an announcement would be made on Tuesday. However, that self-imposed deadline has now passed.
Expect firm demand for dependable HRS and SW, steady movement in HRW, more sorting on SRW, and selective bids on durum until full milling results are released.
Dr. Todd Davis, Chief Economist with the Indiana Farm Bureau, shares a snapshot of his state’s harvest conditions and insights from producers.
Market analyst Kevin Huddleston said news of trade deals could rebound cotton prices in late fall, and producers need to be ready to strike deals.
