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BOUNTIFUL #GRAIN #HARVEST FEEDS RAILROADS

A record fall harvest and surging crop exports are boosting U.S. railroad operators, who are still feeling pain from the collapse of coal and oil shipments. Farmers across the Midwest – benefiting from good weather during much of the growing season – are expected to bring in about two billion more bushels of corn and soybeans than they did last year. Shipments of grain and soybeans are up around 6.5% this year and set a record of over 26,000 carloads a week during the peak of the harvest in October, according to the Association of American Railroads. (Wall Street Journal).

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