NEWS
Market Matters
Katie Micik DTN Markets Editor
Thu Oct 2, 2014 11:44 AM CDT

It seems like everyone's got their back-of-the-envelope calculation of what this year's rail service delays have cost farmers and businesses throughout the Northern Plains.

The University of Minnesota put out a study arguing the railway bottlenecks cost the state's farmers almost $100 million between March and May, and it could cost $124 million more in lost revenue.

Now, bipartisan pair of senators is asking USDA to conduct a more thorough economic analysis of the challenges facing agricultural shippers. Sen. John Thune, R.-S.D., and Amy Klobuchar, D.-Minnesota, said in a letter to Secretary Vilsack that regional studies only tell part of ...

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