As U.S. grain producers prepare for the 2020-21 crop year, one concern is that the Class I railroads won’t have enough network capacity to handle the double whammy of a bountiful harvest and higher export volumes.
Unlike harvests in recent years, there is stronger export demand from China following the Phase One trade deal in which China agreed to buy as much as $80 billion worth of U.S. agricultural goods over the next two years.
“You’re going to see our supply chain tasked with having to do a...
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