Supply Chain
High input prices continue to be a pain point for farmers planning their 2023 crop needs. Experts say the price of natural gas isn’t the only driver fueling the market as farmers look to book their fall needs.
Manufacturing meltdowns are hitting the U.S., as semiconductor shortages expand into other components. Supply chain woes now pose a threat to the food supply and farmers’ ability to get crops out of fields.
Grain shipments on some railroads could stop as early as Wednesday, two days ahead of a possible rail strike. A rail stoppage is growing more likely as the country’s main rail unions remain at odds with rail companies.
From a train derailment outside Hereford, Texas, to growing concerns about a possible labor strike in mid-September, rail delays have been a severe pain point for the grain users and shippers all year.
The DEF shortage story centered on the largest users of DEF – truckers. What’s causing the possible shortage and are the concerns imminent? John Phipps looks into the issue in John’s World.
Global grain trader Archer-Daniels-Midland Co (ADM) reported a 74% rise in second-quarter profit on Tuesday, benefiting from high demand for grains and tighter supplies following Russia’s invasion of Ukraine.
Truckers protesting California’s new “gig worker” law blockaded the state’s third-busiest seaport for a second day on Thursday, stalling agricultural exports and threatening to worsen U.S. supply chain backups.
Norwegian fertilizer-maker Yara posted slightly higher than expected second-quarter profits on Tuesday and warned there could be shortages of nitrogen-based fertilizers amid high gas prices.
A potential stoppage on the nation’s railways this fall is spurring concern, even after President Biden signed an executive order Sunday to keep U.S. rail traffic on track and the collective bargaining process going.
Livestock Producers Report Being Just Days Away From Running Out of Feed Due to Shipping Rail Issues
Bottlenecks along U.S. railways are growing more severe. Not only are feed users on the West Coast on the brink of running out of grain, but there are also concerns the rail issues could grow worse during harvest.