Traditionally, the U.S. transportation system that has carried commodities from farm to market has been the best in the world. The U.S. Soybean Export Council recently commissioned a study that showed America has an advantage over other major suppliers when it comes to filling orders for soybeans and agricultural products.
The study said U.S. soybean shipments usually arrive within 3 days on average of their expected delivery date. That compares to 7 days on average for Argentina and 15 days for Brazil. The report indicated that the U.S. has maintained its transportation advantage despite increased traffic and maintenance on the nation’s railway system.
U.S. freight-train speeds are close to the lowest since 2010, and monthly carloads of grain in October fell 5 percent from a year earlier, according to recent Association of American Railroads data.
With had a chance to visit with United Soybean Board Treasurer Jared Hagert from Emerado, North Dakota….
In the 2013/2014 marketing year, the United States exported over 2 billion bushels of U.S. soy, valued at more than $30 billion.
thanks to United Soybean BoardShare