Cash Market Moves

The National Transportation Safety Board released its preliminary report on the catastrophic structural failure of the Francis Scott Key Bridge in Baltimore after it was struck by the container ship M/V Dali.

The Surface Transportation Board recently announced it has, by unanimous vote, implemented the final rule for reciprocal switching.

As Upper Midwest farmers finish up with spring wheat planting, most of the rest of the Midwest states have been busy planting or trying to plant corn and soybeans depending on the weather.

Planting this spring started early in parts of the U.S Upper Midwest as weather conditions during April were favorable for most farmers to plant spring wheat, small grains and get a start on corn and even soybeans.

It's been a struggle for ships trying to move through the Panama Canal since early 2023 due to low water issues from drought. Some good news came on April 15 when the Panama Canal Authority announced an increase in booking slots in the Panamax locks beginning May 16, 2024.

The FRA finalized the long-awaited two-person crew rule for most U.S. railroads on April 2, 2024.

President Joe Biden visited the site of the Francis Scott Key bridge collapse on April 5, recognizing the families of the workers who lost their lives and the efforts of the first responders the night of the collapse.

Mississippi River mayors held a news conference to offer insights on possible increases in shipping traffic on the Mississippi River to aid the backlog occurring from the Francis Scott Key Bridge collapse.

A container ship struck the Francis Scott Key Bridge early Tuesday morning, causing a catastrophic failure as the bridge collapsed. Shipping and agricultural interests are still determining the impact the accident will have on shipping in and out of the Port of Baltimore.

A mild winter and lack of heavy ice allowed the Great Lakes shipping season to open early.

The Upper Mississippi River shipping season officially opened March 17 as the first tow arrived in St. Paul, Minnesota.

Since late 2023 and into 2024, the Union Pacific and Burlington Northern Santa Fe have been laying off workers, which is causing poor service and concerns for safety.

The Swenhaugen family in Canadian, Texas, lost two rural homes and most of a swine operation to a massive wildfire that swept through the Panhandle last week. That fire is now the largest in Texas history. Tatum Swenhaugen shared with DTN what she and her family went through before and...

Extremely warm temperatures so far this winter have left the Great Lakes without much, if any, ice coverage at times.

Shortly after the East Palestine, Ohio, derailment in early 2023, five senators co-sponsored a bipartisan rail safety bill that has yet to be approved.

A typical winter with below-zero temperatures, frozen lakes, lots of snow and more has evaded Minnesota and other states in the Upper Midwest.

The Great Lakes shipping season enjoyed a few extra weeks thanks to a warmer December, allowing lakers to haul more loads.

The global shipping industry is in chaos as the problems in the Red Sea are hampering ships that bypass the Panama Canal to get to the Suez Canal.

Navigation locks on the Columbia and Snake rivers will be closed for maintenance beginning Jan. 14, 2024, for 11-weeks.

Pictured is the Nordika Desgagnes loading beet pulp pellets at the Hanson-Mueller Elevator A in Duluth, Minnesota. Elevator A, formerly owned by General Mills, saw its first saltie arrive in nearly a decade on June 5, 2023. (Photo by Schauer Photo Images)