Within the next 10 years, U.S. and Canadian grain exports could look very different from now. Stiff competition from other grain-producing countries and regions, such as Brazil, the area around the Black Sea and Australia, could pressure North American export volumes. Meanwhile, domestic production of biofuels, particularly biodiesel, is anticipated to grow.
What will these changes mean for the freight railroads, which transport grains from the Midwest and western Canada to the ports for export?...
