Union Pacific has announced plans to merge with Norfolk Southern, creating the first transcontinental railroad in the United States.
Both systems are major transporters of U.S. ag goods. The two announced they will combine forces, creating a system worth $250 billion. Mike Steenhoek with the Soy Transportation Coalition says there could be some concern around consolidation, but he adds that rail lines are crucial to the success of farmers and U.S. agriculture as a whole.
An investor call was announced this morning for stakeholders.
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Producers say more reliable water deliveries would help make irrigation planning more predictable.
The initiative could create more opportunities for farmers and ranchers to sell food within their communities.
Eligible LLCs and S corporations can now access separate USDA payment limits for each qualifying member beginning with the 2026 program year.
Expanding cow numbers drove most of the production growth in July, with the national dairy herd up nearly 200,000 head from last year.