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Shining Light on Farm & Food Policy for 20 Years.
Tuesday, April 23, 2024
President Joe Biden is pushing new rail regulations that lower rates for ag shippers, but the railroads say the rules designed to spur competition among major railroads would increase their costs and ultimately backfire on customers.
Rail carriers are anticipating a strong demand for grain shipments this fall as China buys more corn and soybeans, but harvest pace is also surpassing five-year averages, increasing the concern for potential bottlenecks.
