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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“She has a plan and that plan is to support our farmers.”
“It’s a falsehood to call beef from another country ‘Product of the USA.’”
“When you’re a small family farm, security is often an afterthought, if a thought at all.”
“I don’t think we’re going to see cattle coming across the border at all because of that increase in their cases in Mexico.”
