As BNSF railroad benefits from increased oil shipping contracts from controversial Canadian tar sands to travel over rail to southern refineries, North Dakota grain farmers are finding it increasingly difficult to get top dollar for their crops due to shipping delays. Farmers dependent on timely shipments of grain Farmers in North Dakota, dependent on the timely shipment of grain from silo to market, are losing almost 40 percent when they go to sell because the BNSF shipments are increasingly late, say those representing the farmers. Supporting this claim are documented prices at commercial grain silos in North Dakota who are offering farmers in…
Buffett's BNSF Chooses Oil Over Farmers, Says Official
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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