OMAHA (DTN) -- Rail delays are expensive for grain shippers and farmers.
A North Dakota State University study quoted by the May 22 USDA weekly Grain Transportation report stated, "based upon basis values ... North Dakota farmers have lost nearly $67 million this year because of rail shipment delays and could lose an additional $95 million if the delays persist."
That estimate only focused on spring wheat, corn, and soybeans, USDA reported. Other crops not examined include durum wheat, barley, sunflower, canola, field peas, lentils, dry edible beans, flax, oats, and food grade soybeans.
"In addition," USDA stated, "losses by ...