Despite shuttle rail freight values that are now $200-400 per car UNDER tariff through September, there is no demand. Farmers are unhappy with both old crop and new crop prices and aren't selling. All of this makes it tough for railroads to plan crew and equipment needs
Shuttle rail freight continues to be very cheap. Values through September are now $200-400 per car UNDER tariff. Remember, there was a time when values were $4,000-5,000 per car OVER tariff. Harvest values (Oct/Nov/Dec) are now just slightly above tariff. There is no demand for shuttles today. Farmers are unhappy with both old crop and new crop prices and aren't selling. Shuttle loaders are reluctant to take their foot off base and book much freight even at or below tarif...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
