Cash Market Moves

Lake Mead borders Arizona and Nevada and recently reached a record low partially due to drought over the winter that has continued.

CME has specifically designed the new sorghum contract to help producers hedge the spread between sorghum and corn prices.

In late July, Union Pacific and Norfolk Southern filed more than 400 pages of new material with the Surface Transportation Board responding to the STB's order requesting supplemental information about their proposed merger transaction.

Union Pacific's CEO allegedly made threats of retaliation against shippers who opposed its merger with Norfolk Southern.

Growth Energy CEO Emily Skor urged ethanol industry leaders at FEW 2026 to fight misinformation and push for permanent year-round E15 sales, citing economic benefits and no refinery closures.

Members of IBEW System Council No. 11 began a strike in Canada after contract negotiations with CPKC broke down.

Persistent dryness caused the recent Drought Monitor to show exceptional drought in parts of western Nebraska.

A revised major merger application from Union Pacific and Norfolk Southern was recently submitted to the U.S. Surface Transportation Board.

It's been slow going for spring wheat planting in some parts of North Dakota and South Dakota as the cold temperatures are still hanging around.

The first ocean going ship recently arrived in Duluth, Minnesota, after completing a full transit of the Great Lakes-St. Lawrence Seaway System.

Almost every company who relies on any form of transportation to do business has been charging higher fuel charges due to high diesel prices.

The 2026 shipping season began in the past week as the Upper Mississippi River is now open in addition to the Great Lakes.

Railroads and shippers chimed in to the recent Surface Transportation Board Notice of Proposed Rulemaking on reciprocal switching.

The conflict has driven up insurance premiums and created a backlog that now threatens shortages and delivery delays.

Extreme cold has significantly disrupted operations on the Illinois River.

The extreme cold and winter storm warnings across the U.S. will very likely disrupt barge, train and truck traffic this weekend.

The Surface Transportation Board determined the Union Pacific-Norfolk Southern merger application was incomplete and rejected it.

After the Union Pacific and Norfolk Southern filed a merger application with the Surface Transportation Board, comments have been filed stating the application is incomplete.

The last saltie departed Duluth on Tuesday, Dec. 23, to close out the 2025 oceangoing shipping season.

USDA's November estimate of the 2025 corn crop average yield was a record, while the U.S. Grain and BioProducts Council reported the crop is of high quality.