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Railcar backlog grows; bids in secondary railcar market reach previous record high; grain storage capacity shortage worsens; South Dakota facing greatest shortage – USDA GTR (10/20/2014)

As the backlog of grain cars on BNSF Railway (BNSF) continues to increase for the fourth consecutive week, average bids in the secondary railcar market for BNSF service have climbed back to the record level set in mid-March near the height of BNSF’s grain car backlog, according to USDA’s Grain Transportation Report (GTR) last week on October 16. In a separate story, the GTR reported that with the strong corn harvest and carryover stocks, eight states are facing notably worsening grain storage capacity. South Dakota was forecast to be facing the greatest grain storage shortage

Japan soy food supply chain team visits U.S. farms, food soybean processors; Japan’s IP soybean demand on the rise (10/20/2014)

A Japanese soy food supply chain team consisting of an importer; tofu, natto and deep-fried tofu processors; and supermarket representatives learned more about the long-term advantage of U.S. food-grade soybeans during their recent visit to the U.S. that coincided with the recent U.S. Soybean Export Council and Midwest Shippers Association's joint conference in Milwaukee, Wisconson.

Duluth port expands for Europe (10/20/2014)

Europe has never been closer to Duluth. That’s the message the Duluth Seaway Port Authority is putting forth as it develops a relationship with a Dutch ship management company, the Duluth News Tribune reported last Friday, October 17.

EPA finds Neonicotinoid seed treatments of little or no benefit to U.S. soybean production (10/20/2014)

WASHINGTON, DC -- The U.S. Environmental Protection Agency (EPA) on October 16th released an analysis of the benefits of neonicotinoid seed treatments for insect control in soybeans. Neonicotinoid pesticides are a class of insecticides widely used on U.S. crops that EPA is reviewing with particular emphasis for their impact on pollinators. The analysis concluded that there is little or no increase in soybean yields using most neonicotinoid seed treatments when compared to using no pest control at all. A Federal Register notice inviting the public to comment on the analysis will publish in the near future.

S.E. Asian soy buyers meet with U.S. suppliers in Wisconsin (10/20/2014)

More than 40 Southeast Asian buyers of food- and feed-grade soybeans and soymeal met with U.S. soy growers and contract suppliers during the 2014 U.S. Soy Global Trade Exchange. These trade team invitational meetings kick-started a two-week long exchange for buyers from Southeast Asia.

CP issues statement saying merger talks with CSX ended (10/20/2014)

Canadian Pacific has ended merger talks with CSX, and no additional talks are planned, the carrier said in a brief statement the railroad put out today, October 20, American Shipper reports.

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