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Harsh winter could reverse post-harvest grain freight slump

2014-12-06 07:04:06| Agriculture - Topix.net

U.S. grain transportation costs have slumped to multi-year lows as last winter's weather-related shipping problems have so far failed to materialize, but even a modest cold snap could still overwhelm the nation's train, barge and truck network and send costs soaring again. Food company Kraft Foods Group Inc warned recently that industry wide logistic problems would drag on earnings, and grain processor Archer Daniels Midland Co said this week that rail service troubles could flare up in the first quarter of 2015.

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