CN closes deal on Iowa railway

CN closes deal on Iowa railway

The agreement will link about 275 track miles to the carrier's U.S. rail network

Canadian National Railway (CN) has inked a deal to buy an Iowa railway and connect it to its U.S. rail network, the company announced Dec. 6.


CBOT November 2021 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Soybeans ease as Midwest’s rains seen boosting crop

CBOT December corn up, wheat down

Chicago | Reuters — U.S. soybean futures fell for a second straight session on Friday as rains were seen boosting harvest prospects in some dry areas of the Midwest farm belt. Wheat futures fell on profit-taking and spillover pressure from lower soybeans, although concerns about global supplies limited declines. Corn was lower much of the […] Read more


(TysonFoods.com)

Tyson fires seven managers after probe into COVID-19 wagering

Employees had been suspended following lawsuit

Reuters — Tyson Foods said Wednesday it had fired seven managers at an Iowa pork plant after investigating allegations that they took bets on how many employees would catch COVID-19. The independent investigation, led by former U.S. Attorney General Eric Holder, came in response to a lawsuit filed by the son of a worker at […] Read more

Tom Vilsack speaks to farmers at a rural agricultural co-operative at Guira de Melena in Cuba on Nov. 13, 2015. (Photo: Reuters/Alexandre Meneghini)

Vilsack expected to return as USDA secretary

Washington/Chicago | Reuters — U.S. President-elect Joe Biden plans to nominate former Iowa Governor Tom Vilsack for agriculture secretary, Axios reported on Tuesday, citing people familiar with the matter. The Biden transition office did not immediately respond to a request for comment on the report. Vilsack, who led the U.S. Department of Agriculture (USDA) under […] Read more

CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn, soy ease as harvest, export prospects weighed

Wheat ends higher after mixed trade

Chicago | Reuters — Chicago soybeans slipped on Thursday after a seven-month peak a day earlier, while corn eased as traders set recent storm damage against generally strong prospects for harvest yields. Wheat ended higher as traders digested competing signals for global supply. The most-active soybean contract on the Chicago Board Of Trade closed down […] Read more