Rail delays cost crop farmers $570m

Rail delays cost crop farmers $570m

USDA estimates costs incurred for crop transportation and storage could total 3% of cash receipts for 2014.

DURING the fall harvest season for the 2013-14 crop, increased demand to ship coal, oil, intermodal containers, sand, gravel and combined record harvests of corn, soybeans and wheat in the U.S. put added demands on the rail network.

Upper Midwest rail service delays during the 2013-14 fall harvest may have cost corn, soybean and wheat producers approximately $570 million, according to a newly released report from the U.S. Department of Agriculture.

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