Market Matters Blog
Katie Micik DTN Markets Editor

Friday 10/17/14

Acreage Arguments
It may be a little early to start talking about 2015 planted acreage, but there are plenty of opinions on just how much farmers will increase soybean planting.[Read Full Blog Post]
Posted at 2:21PM CDT 10/17/14 by Katie Micik | Post a Comment
Comments (6)
We will plant about same acres of corn, a few less acres of beans,but half as much $5.00 wheat. I will plant oats on bean and wheat acres. Had $400.00 an acre profit on oats this year.Beans bar far will make the most money, but rotation will also make you money.
Posted by Raymond Simpkins at 8:13PM CDT 10/18/14
Any body going to plant hay? I think more will be returned to hay and grazing( where fence and cattle are available). The cattle can spread the fertilizer for a couple of years. When markets improve, a cash crop can then be utilized.
Posted by Bonnie Dukowitz at 7:37AM CDT 10/19/14
Maybe some more bean acres, but not much. Have been in a non gmo bean program the last 5 years and am very thankful I stayed in all this time, the big guys can't get in since they closed the program off to anyone new a couple years ago and now they are crying because they want to know how to afford their big cash rents AND shiny new paint. We are going non gmo corn next year also, even though we aren't in a program, I am not a hippie/health nut, but I am so sick of paying Monsanto and everyone else tech fees that with a little extra work on my part can be money in my own seed bag!
Posted by Farmer Johnson at 2:50PM CDT 10/20/14
Up north where we have a $1.00/bu. plus basis on corn. I believe there will be much less corn. The basis on other crops are very wide as well, however with less bushels to handle the cost/acre is less.
Posted by SCOTT HENDRICKSON at 7:24AM CDT 10/22/14
Almost every year about this time farmers start thinking about which crops to plant the following year. The harvest surge of commodities complicates this process, sometimes causing growers to make premature plans. For now it's probably best to plan on sticking to rotation plans and make modifications later when true demand patterns begin to settle in.
Posted by Ernie Flint at 8:03AM CDT 10/24/14
I think you will get more soybeans mostly for rotational reasons and basis levels. If you get down to the 87-88 million acre range, it doesn't leave the "markets" much wiggle room for an average crop year. You will lose corn acres in the fringe areas as well, like ND, Western plains, Northern MN just because of economics and basis. If that is where we lose the 4 to 5 million acres, that won't hurt as much as if it were in the I states. IMHO, The rest of the corn farmers will gamble/hedge their corn acres on that assumption and hope to see a decent rally to the mid $4 range.
Posted by Pedro Sanchez at 9:11AM CDT 10/24/14
 

Thursday 10/16/14

Crude Crashes to 4 Year Lows
Crude oil futures have sunk to four-year lows, giving farmers an ample window to consider pricing their fuel needs for 2015.[Read Full Blog Post]
Posted at 2:06PM CDT 10/16/14 by Katie Micik | Post a Comment
Comments (5)
Election year. I can not believe all of you at DTN are saying this is a market price for crude oil. Again ELECTION YEAR- no different than the REPORTS by the government on WASDE . No matter how thick the smoke screen- the political FUNDAMENTALS of government is -VOTES. Come on, enough is enough. Insulting farmers about low energy prices on election years- how about the High costs before elections? Somehow that was not important-now this "so called transition" in energy costs is going to make the difference to farming after the meltdown in commodities by the Almighty USDA reports and "ESTIMATES."REALITY IS HOW MOST AMERICANS SURVIVE.
Posted by DAVID/KEVIN GRUENHAGEN at 11:03PM CDT 10/16/14
David/Kevin...........Well said!!
Posted by GWL 61 at 8:22AM CDT 10/17/14
I guess we'll see if fertilizer prices drop now that oil is "cheap". That's usually the reasoning for high fertilizer costs if I'm not mistaken. Normally I try to avoid the scheme and device talk, but after the soybean numbers this growing season how can it not be a hot topic.
Posted by TOM DRAPER at 8:25AM CDT 10/17/14
Crude is down more than 20% in the last, lets just say year or so, corn is down about 40%, but yet anhydrous ammonia and Diesel are the same price now as when I was growing $6-$8/bu corn a couple years ago. I just read the other day that the US is going to pass Saudi Arabia in oil production very soon as the top oil producer in the world. 10-15 years ago I remember paying about $.90/gal of gasoline, about $.80/gal for diesel, and selling corn for not much less than today if any less at all. I havent researched or remember what I had to pay for nitrogen back then, but do the math. Inflate all those numbers equally, you end up with $3.00-3.50/ gas, $3.50-4.00/ gal diesel, anhydrous at $600-700/ton and corn at around $9.00/bushel. Somebody is playing games no doubt!!!
Posted by RJZ Peterson at 9:49AM CDT 10/17/14
You might be right. It appears many Bakken oil producers have the cost of production too low to be a target of the Saudis. The OPEC move could be more economic sanctions placed on Russia. Ukrainian � Russian peace talk are currently on going. There are the highest representatives meeting in Italy yesterday and today. If crude oil price rebounds on a peace treaty announcement, when/if that occurs, we will have a better clue as to the motivations of Saudi Arabia. Most are forecasting a weak Ruble with declining crude oil prices. One may wonder if Russian farmers will follow the Argentina farmer�s lead. The falling Argentine Pesos had Argentina's farmers withholding their crops from the market. Their thought process seemed to be; �Why should I sell something with a relatively stable value to receive a currency � cash - Pesos � that is worth less each day?� Freeport, IL
Posted by Freeport IL at 9:53AM CDT 10/17/14
 

Monday 10/13/14

STB "Ups the Ante" for Railroads
Beginning Oct. 22, all Class I railroads will be required to publicly file weekly data reports regarding service performance.[Read Full Blog Post]
Posted at 10:47AM CDT 10/13/14 by Mary Kennedy | Post a Comment
Comments (9)
Good Grief! Another waste of time. Is that all the STB and the balance of government has to do is mandate more time to non-productive activities. Take a look. Too much traffic, whether rail, air, truck or barge, causes congestion. Congestion causes delays and inefficiency. Get rid of the Enviro, vote mongering Senators and Reps. delaying infrastructure improvement and a step in the right direction will be accomplished. Barge traffic, rail traffic and pipeline traffic improvement are action needed, not more idiots analyzing a problem which they created. How about some public works projects ( hugely successful in building infrastructure in the past) instead of entitlement programs.
Posted by Bonnie Dukowitz at 7:36AM CDT 10/14/14
Those are all good ideas Bonnie , but I'm afraid we are SOL, until the current administration and his cronies are "shipped out".
Posted by GWL 61 at 8:27AM CDT 10/14/14
Bonnie, You sound almost in the tone of FDR in some of your logic. And it worked well back then. But do not forget, it is the "No Accomplishments at All Costs" right side of the Congressional aisle that refuses to do anything constructive here. It's not your perceived "boogey man" administration holding it up. You voted for the guys sitting on the purse and calling for more House vacations. And you will this time. Look in the mirror for whom to blame.
Posted by Don Thompson at 1:19PM CDT 10/14/14
What a concept-------maybe the House, the Senate, and Supreme Court should have to report to the American public what they have accomplished each week ( of course only the weeks they actually work). Only one side of one sheet of paper would have to be use for all three!
Posted by n smith at 4:51PM CDT 10/14/14
Seems strange Don, The right side of the aisle you reference as non-constructive has voted in favor of Keystone and publicly supports other infrastructure projects. Might want to take a look at some votes and executive orders by Obama and actual realities of his cronies in the Senate. Do you by chance live in Colorado? I hear the air is thin and Whompum weed is of plenty.
Posted by Bonnie Dukowitz at 8:00PM CDT 10/14/14
Help may be coming in the longer run in the form of OPEC. John Kilduff, founding partner of Again Capital, basically said tonight, on Nightly Business report; "The Saudis are tired of loosing US market share in crude to the Bakkin formations. The Saudis want to teach the new "kid" who the low cost producers are. At the upcoming OPEC meeting Kilduff is expecting the Saudis to push for ultra low crude prices. The goal is to push the new producers out of business. Kilduff notes Saudi Arabia used this process in the mid 1980's when OPEC countries - Venezuela in particular, refused to drop production to hold/increase price. So Saudi Arabia flooded the World with oil. The price drop. Many non OPEC countries with "high" cost of production were financially forced to shut down. (It looks like crude prices dropped in half during that time frame.) So if Kilduff is correct, OPEC will be moving to push prices lower to shut down North Dakota oil. If that occurs, we will have the trains back looking for grain to move. A side benefit might be the decline in a revenue source for ISIS. ISIS receives revenue from stolen crude oil. They sell it at a discount of the black market. Things need to be "really" discounted to move "hot" products when general prices environment is low. Remember this is just one man's thought. Freeport, IL
Posted by Freeport IL at 1:01AM CDT 10/15/14
Interesting analogy, Freeport. With oil a world wide commodity, you may well have a view of the big picture based upon some history.
Posted by Bonnie Dukowitz at 5:53AM CDT 10/15/14
Bonnie, I agree the house has passed all kinds of bills of late, but with riders on each one that would cancel - well, you know what! How many anti Healthcare for Americans "votes" are they up to now? From what I read, the pipeline extension proposal is opposed by landowners and environmentalists among others. Why do you just attack the environmentalists?
Posted by Don Thompson at 8:31AM CDT 10/15/14
You bring up couple more examples of Don. For our health insurance, Obamacare is a disaster. We made the mistake of making our health insurance premium a priority. Had we paid nothing, our benefits would now be very lucrative in comparison. I wonder how many of those land owners use no oil. They want the oil, but the pipeline on someone else's property. The pipeline and high lines across our property are a nuisance, however as long as the light switch responds, I will tolerate them, somehow.
Posted by Bonnie Dukowitz at 12:25PM CDT 10/15/14
 

Friday 10/03/14

Informa Pegs Bean Production Above 4 Billion Bushels
Private analytical firm Informa Economics boosts U.S. soybean production above 4 billion bushels while holding corn production steady at 14.4 bb[Read Full Blog Post]
Posted at 11:40AM CDT 10/03/14 by Katie Micik | Post a Comment
Comments (6)
Has there ever been a report how wrong Informa has been in other years? seen there Inflated numbers before
Posted by andrew mohlman at 9:05PM CDT 10/03/14
Some day people will learn the difference between instant yield and average yield on their yield monitor, big mouths and a few good spots here and there has cost American farmers billions!!
Posted by JAMIE KOUBA at 12:29AM CDT 10/06/14
Hi Andrew. Informa publishes their history vs. USDA in every report. For reference: Over the last 10 years on corn, Informa's October estimates been higher than USDA's October forecasts 8 times, and lower twice. On soybeans, they've been higher 8 times, even twice, and never below.
Posted by KATIE MICIK at 9:20AM CDT 10/06/14
Katie, based on Informa's history, are they more right than USDA or not on the ending yield per acre? It's one thing to just release numbers, and its another to have good data and release the numbers. I think the bean crop is going to be phenomenal. I just combined beans last weekend that averaged 50 bu/A on ground that got 16 inches of rain in one week in June, and then didn't rain hardly anything measurable from late June until late August. Oh they also got nipped by some frost too.
Posted by Pedro Sanchez at 8:44AM CDT 10/08/14
Frost damage worse than expected in North Dakota beans running 20-25 or less early maturing varieties good 35-40 the longer day beans very poor
Posted by Unknown at 11:27PM CDT 10/08/14
It doesn't matter what their report or any other says ALL unpriced soys getting locked tight in the bins until the cash market gets back to $11 at the very least. I don't know anyone that can make it work under that .after all I raised them ,they are mine , and they aren't going anywhere for less . Until then I'm binning them . Maybe Informa should release a report on the minimum price it's gonna take to get them out of the farmers hand . Now wouldn't that be more useful interesting and and informative ? I challenge you for those numbers Informa . And if you could please have that out by Friday morning , after all you seem to know all the other magic numbers ?
Posted by Unknown at 12:00AM CDT 10/09/14
 

Thursday 10/02/14

Senators Request USDA Study on Rail Service Delays
Two senators asked USDA to conduct a thorough economic study of what this year's rail service delays cost the agriculture industry. The question is: to what end?[Read Full Blog Post]
Posted at 11:44AM CDT 10/02/14 by Katie Micik | Post a Comment
Comments (1)
Typical political B. S. Get Harry Reid to allow a vote on the pipeline and the main issue would be solved. Sen. Klobuchar and Sen. Franken, from Minnesota, are holding hands with Obama in opposition. Take advantage is correct. Both of these Senators are raising millions of $ for campaign financing from New York to California, at the expense of all upper Midwest industry. Get another study and then sell what they accomplished to the voters. Absolutely Nothing but waste more money. Obama, Franken,Klobuchar, your buddy Buffet, owner the BNSF, has enough cash.
Posted by Bonnie Dukowitz at 5:34AM CDT 10/03/14
 

Tuesday 09/30/14

Industrial Reports to Make a Comeback in 2015
Agriculture industrial reports on wet and dry ethanol milling, flour milling, oilseed crush and cotton suffered from the Census Bureau's budgetary axe in 2011, but USDA announced on Monday it's ready to put the reports on 2015 calendar.[Read Full Blog Post]
Posted at 8:10AM CDT 09/30/14 by Katie Micik | 0 Comments | Post a Comment
 

Monday 09/29/14

Elevators Full; Grains Get Grounded
Grain piles are starting to multiply in northern areas of the Corn Belt and railroads remain behind on delivering car orders as costs rise.[Read Full Blog Post]
Posted at 11:23AM CDT 09/29/14 by Mary Kennedy | 0 Comments | Post a Comment
 

Friday 09/26/14

Barge Freight Surges Higher
Expectations of record corn and soybean crops are boosting barge freight rates.[Read Full Blog Post]
Posted at 10:34AM CDT 09/26/14 by Mary Kennedy | 0 Comments | Post a Comment
 

Friday 09/19/14

A Demand Optimist
Analyst David Hightower recently explained why he thinks demand will provide more support to the corn and soybean markets six months from now than people think.[Read Full Blog Post]
Posted at 2:00PM CDT 09/19/14 by Katie Micik | Post a Comment
Comments (5)
Has David Hightower ever set foot on a farm? Has he ever worked on a farm or does this USDA puppet know what it takes to make a farm survive? Why do we as farmers always have to take the doom and gloom "Analyst" from another self proclaimed specialist. Bottom line is we as farmers sit back and take another round of lies and do nothing about this never ending USDA plot to drive prices to levels so low not only for their pathetic jobs-remember when the government shut down-people were saying the markets did just fine without government lies- now they more than ever they are on a campaign to justify their pathetic role on American agriculture. I totally understand the law of supply and demand the foundation of a market, now more than ever we need concrete numbers NOT estimates. Now if 'estimates' drive our markets than why can not ALL of us estimate our taxes, why not estimate our speed on the road, better yet let the American tax payers have a stake on what government employees deserve on our "estimates". God blessing us with a bountiful harvest does not include lies from a government agency. FACTS not estimates need to be available to operate a market.
Posted by DAVID/KEVIN GRUENHAGEN at 2:26AM CDT 09/20/14
ww.cmegroup.com/education/browse-materials/bios/commentary/hightower-report.html
Posted by Don Thompson at 10:03AM CDT 09/22/14
Both Kevin & David know what they are talking about, but right now it might as well go down more, as no one is going to sell anyway Brad Paumen
Posted by Unknown at 7:11PM CDT 09/22/14
The auction pages will be full of ads. this winter.
Posted by Raymond Simpkins at 11:23AM CDT 09/23/14
It's interesting that in the 10 paragraphs or so of Hightower's commentary, there is not a single piece of decision making information offered. If he is correct, he will be quick to tout the fact that "he was right". If he is wrong, he will cite some new fundamental information that has had bearing on the markets that no one could foresee. The newsletter writing industry is multimillion dollar a year industry. The fact is that if these analysts were any good at predicting tops and bottoms in the market they would be trading the markets for themselves and not giving market advice to people whose livelihoods depend on them. Hightower's comments make for good conversation, but I would hate to think that I had paid for a subscription to his fluff.
Posted by Unknown at 12:01PM CDT 09/24/14
 

Monday 09/15/14

Elevator Manager: Fall Harvest Could Be "Complete Disaster" Without Rail Cars
Uncertainty surrounding rail car deliveries to grain elevators in the upper Midwest could turn the fall harvest into a "disaster," according to one South Dakota elevator manager.[Read Full Blog Post]
Posted at 11:59AM CDT 09/15/14 by Mary Kennedy | Post a Comment
Comments (12)
Put some ground back to grass, raise some beef. Build pipeline for oil fields, this might help too. Having all the eggs in one basket is never a good thing. Right now railroad is the basket.
Posted by GWL 61 at 7:36AM CDT 09/16/14
If the current administration had approved the Keystone when it first was proposed we would not be in this situation. Overzealous environmentalists, and Warren Buffett; owner of Burlington Northern Santa Fe Railroad are using unscientific emotionalism and pure greed to exacerbate the problem.
Posted by Kent L Hoffman at 10:54AM CDT 09/17/14
Let Canada cross their own country if the pipeline is so safe! Its all to export oil, guessing you guys want to pay more for fuel? Anyhow let the markets dictate who uses the rails,,,, isn't that the conservative way? Maybe this country should build some railroads that are better then most 3rd world countries?
Posted by Jay Mcginnis at 12:28PM CDT 09/17/14
There was an opportunity to upgrade a line through SD, in the late nineties, only to be shot down by huge costs and environmental nuts. If we don't spend money on some sort of improvements to infrastructure, we will be a 3rd world country. On another note, if the current RFS mandate is increased, how the hell are the ethanol plants going to move more product with increased production. You belong in a 3rd world country with your ideologies.
Posted by GWL 61 at 1:04PM CDT 09/17/14
GWL -- I'm at a conference on global trade, and this morning's speaker, an econmist from an engineering firm, made a very strong case for why the U.S. lack of attention/desire to invest in infrastructure could lead us to be an "underdeveloped" nation (he didn't call it 3rd world, but close). His main point: Freight movement infrastructure is the difference between prosperity and stagnation. And he went through all the macroeconomic reasons why the American system is likely to stagnate. Another hot topic at this conference is the rail system. Farmers tell me BNSF's talking point -- that the backlog is only 3,000 cars -- is incredibly frustrating. If we still have old crop to ship and the elevators are already full of old crop, there isn't room in farmers' bins to hold the upcoming harvest. In the words of South Dakota farmer -- it's gonna get ugly.
Posted by KATIE MICIK at 1:23PM CDT 09/17/14
This country is too busy spending money on Mideast wars to take care of itself. The cost of these wars would have given us a much needed rail system both for freight and passenger service,,, instead we got ourselves ISIS and an endless war. Thank you president Bush and VP Chaney! Take care of our own problems is the ideology we need, payback from Iraq has been a big zero.
Posted by Jay Mcginnis at 3:41PM CDT 09/17/14
As always Jay, you ramble on into another subject. Man has been fighting on this planet since time. Those crazies over there want to kill you and I. We can sit back and do nothing. Watch the genocide and throat slashing from the comforts of your home, Jay. Never forget 9 / 11 , Pearl Harbor or the Nazi's. Someone wants what you got!
Posted by GWL 61 at 4:06PM CDT 09/17/14
With the backwards attitudes and opinions of some, the so-called developed world would still be lighting their yards with whale oil. That is, what is left of them.
Posted by Bonnie Dukowitz at 8:04PM CDT 09/17/14
Good old Jay Cliché, at it again! (I think she (Jay) is probably an avid Fox News watcher).
Posted by Brandon Butler at 1:31PM CDT 09/18/14
You are so right Bonnie,,, and since I have built a renewable energy infrastructure for myself the gasoline you use in your car, coal to electrify your home/farm and oil to heat your home look just like whale oil. Its time this country gets off Jurassic era energy sources and join the 21st century. We need to build a rail system instead of the massive amount spent on military to defend our oil interests in the Mideast. Take care of ourselves and lead by example. And for GWL, I know a number of Muslims, Egyptians, Iranians and none of them want to kill us, they are nice well educated people, your statement is a broad sweeping stereotype that is racist. If we didn't need oil the mideast issue would be mute.
Posted by Jay Mcginnis at 7:06AM CDT 09/19/14
Amazing Jay says things about stereotyping but that is exactly what he does with conservatives. And I invite Jay to hop in his electric car and come out there to Montana in January. I know he won't because with the standard weather, which changes 4 times a year here as I don't deny climate change, he will only get about 40 miles before he needs to recharge. Maybe Jay can enlighten us why we have to subsidize farmers when they want to buy a grain dryer. If it's his farm and his grain, shouldn't the farmer pay all the costs for processing it? After all, he gets all the income from that and can afford to pay his own bills. And did anyone notice that the railroads are putting $26 billion into infrastructure and enhancements to their workforce? And Jay, stop acting like you are living in a perfect world using no fossil fuel in any farm. Pretty sure we all know what your tractors and grain trucks run on, and the grain dryer you got the grant on to buy.
Posted by CRAIG MOORE at 8:20AM CDT 09/19/14
Folk have been calling for a disaster if the rail car do not show up. I wonder if the disaster is already here. If the rail car magically showed up today, who would be the sellers to clear out the bins? Unless positions were hedged, a forced sale at this time with current cash prices does not appear to avoid disaster. The best one can hope for is better basis. I guess that would be a start. Freeport, IL
Posted by Freeport IL at 4:04PM CDT 09/27/14
 

Thursday 09/04/14

A Full Notebook
Sometimes when I get on a roll with a project (or two), and I lose focus on my regular tasks, like keeping the blog fresh. Here are just a few interesting snippets from my overflowing notebook.[Read Full Blog Post]
Posted at 4:17PM CDT 09/04/14 by Katie Micik | 0 Comments | Post a Comment
 

Wednesday 08/27/14

Is Tuesday's Minneapolis Cash Trade a Sign of Things to Come?
Tuesday's U.S. spring wheat trade saw basis levels for high protein milling wheat gain as much as $1.75/bushel, a sign that protein is potentially poised to be a growing issue.[Read Full Blog Post]
Posted at 5:19PM CDT 08/27/14 by Cliff Jamieson | Post a Comment
Comments (1)
This is interesting with OK State's Kim Anderson saying; "Reports indicate that the average hard red winter (HRW) wheat protein in Texas, Oklahoma, and Kansas is about 14 percent. Millers report that 14 percent protein HRW wheat is an unprecedented problem. Reports indicate that the nearest acceptable protein wheat (in large quantities) is in northwest Nebraska. The protein premium is inverted as lower protein HRW wheat has higher demand than relatively high protein HRW wheat." It seems this price inversion of lower protein HRW wheat might keep HRW wheat out of the feedlot in the South - maintaining corn demand. Currently, it seems the premium for high protein wheat; not a discount for low protein, along with the sever discounted basis for corn should/might also keep wheat from returning to the feed channels in the North. Some diseased SRW will be fed but the level of inclusion in the ration is limited because of animal health issues. As it now looks, wheat will not replace corn (to a great degree) in feeding rations- as least in the US. Freeport, IL
Posted by Freeport IL at 8:35AM CDT 08/29/14
 

Monday 08/25/14

SD Shipper: "No Train, No Grain"
Rail car delivery delays continue in the Northern Plains and elevators are full, with corn and soybean harvest yet to begin.[Read Full Blog Post]
Posted at 10:43AM CDT 08/25/14 by Mary Kennedy | Post a Comment
Comments (4)
More farming, higher yields, lack of investing in infrastructure to move products = "train wreck"
Posted by GWL 61 at 12:59PM CDT 08/25/14
Good one, GWL. Political prevention of infrastructure. It may not seem a direct cause, but energy transporting via pipelines would solve much. But then, one can not use them if construction has not kept up to the need.
Posted by Bonnie Dukowitz at 5:28AM CDT 08/26/14
Our area the saying is NO RAIN NO GRAIN don't need TRAIN
Posted by Raymond Simpkins at 10:06AM CDT 08/26/14
Pastures full of pairs, feed yard full of fats, - 92 basis fall delivery corn, you have got to love this country! Rex Binger Tulare South Dakota
Posted by Unknown at 4:28PM CDT 08/27/14
 

Thursday 08/21/14

StatsCan Reports Canadian Production to fall Below Expectations
Statistics Canada estimates indicate that many crops will see production levels fall below the lower end of the range of pre-report estimates.[Read Full Blog Post]
Posted at 2:38PM CDT 08/21/14 by Cliff Jamieson | 0 Comments | Post a Comment
 

Monday 08/18/14

Rail Backlogs Continue
Editor's note: This report contains an update from Friday.[Read Full Blog Post]
Posted at 2:29PM CDT 08/18/14 by Mary Kennedy | Post a Comment
Comments (3)
The problem is Political. In Minnesota we have Sen. Franken and Sen. Klobuchar. In D.C., we have Pres. Obama and the elected powers of a handful of States. Pipeline and mining is at a standstill. The wealthy Enviro's have this group wrapped around their fingers for election cash. (many out of staters) After years of Amy, six years of the Joker and six years of a President, construction is still at a standstill. They then stand in front of a camera and tell us there trying to solve the problem. The base of the problem ( in Mn.) is who the 7 county metro has put in office, not the R.R.s. One can have all the meetings you want and the problem will not go away until many of the do-nothing elected are removed at the ballot box.
Posted by Bonnie Dukowitz at 5:37AM CDT 08/21/14
the whole infastructure in the upper midwest needs work when we have big crops............ i have had one of my elevators go a long time with out cars during winter wheat harvest
Posted by JeremeyFrost at 11:18AM CDT 08/21/14
The arab and daddy warbucks of BNSF RR are making megabucks off of the RR and Pipeline situation that exists on Great Plains of the USA & Canada. What, 2 more years of this "DO NOTHING" governance ?
Posted by james kuntz at 9:20AM CDT 08/26/14
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Recent Blog Posts
  • Acreage Arguments
  • Crude Crashes to 4 Year Lows
  • STB "Ups the Ante" for Railroads
  • Informa Pegs Bean Production Above 4 Billion Bushels
  • Senators Request USDA Study on Rail Service Delays
  • Industrial Reports to Make a Comeback in 2015
  • Elevators Full; Grains Get Grounded
  • Barge Freight Surges Higher
  • A Demand Optimist
  • Elevator Manager: Fall Harvest Could Be "Complete Disaster" Without Rail Cars
  • A Full Notebook
  • Is Tuesday's Minneapolis Cash Trade a Sign of Things to Come?
  • SD Shipper: "No Train, No Grain"
  • StatsCan Reports Canadian Production to fall Below Expectations
  • Rail Backlogs Continue
  • Harvest Storage, Transport Worries
  • Merchandising Makes Money Once Again
  • Upper Mississippi River Closed Again
  • Dread Grows as Harvest Nears
  • Imaginary Numbers