Competing countries, strong dollar influence U.S. grain exports

(Source: Freight Waves, April 14, 2020)

CHATTANOOGA, Tenn. — U.S. rail volumes for grain are facing ongoing headwinds in both the international and domestic markets, with factors such as a strong U.S. dollar and competition from other grain-producing countries weighing on export-bound volumes, while the coronavirus pandemic is putting pressure on domestic volumes, according to grain industry observers.

Full story: Freight Waves

Wednesday, April 15, 2020