PEXELS

Apr 15, 2022

Fertilizer Company Complains About UP's Rail Limits

Railroad ordered company to cut its shipments nearly 20%

CF Industries says the limits Union Pacific is putting on rail traffic to clear up congestion will delay shipments that farmers need during the spring planting season.

According to an AP report, CF Industries said Thursday that the railroad ordered it to cut its shipments nearly 20%. Union Pacific has said it is limiting rail traffic and hiring aggressively as part of a plan to improve service after grain and ethanol shippers complained about shortcomings.

CF Industries said the limits will affect fertilizer deliveries to Iowa, Illinois, Kansas, Nebraska, Texas and California from its plants in Louisiana and Iowa.

The company said it believes it is one of just 30 companies Union Pacific imposed restrictions on.

Lisa Cleaver

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Ribbon Blenders

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Magazine

Marketwatch: Aug, 18

US Corn Price Idx: ZCPAUS.CM

open: 6.6945
high: 6.737
low: 6.6326
close: 6.6866

US Soybean Price Idx: ZSPAUS.CM

open: 14.3219
high: 14.4169
low: 14.2107
close: 14.3029

US Hard Red Winter Wheat Price Idx: KEPAUS.CM

open: 8.3035
high: 8.351
low: 7.9626
close: 8.0508

US Soft Red Winter Wheat Price Idx: ZWPAUS.CM

open: 7.3573
high: 7.4048
low: 7.0429
close: 7.0505