Rail Merger Would be Costly for Farmers
The proposed merger of the Union Pacific and Norfolk Southern railways would leave farmers with fewer transportation options and vulnerable to shipping cost increases at a time when balance sheets have been squeezed to the breaking point by rapidly rising input costs. Transportation, marketing and storage expenses are projected to rise to a record $14 billion in 2026. American Farm Bureau Federation economists analyzed the UP-NS merger in the latest Market Intel.
“The risk of the UP–NS merger is clear,” the Market Intel states. “It would leave farmers more dependent...
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