Category Archives: 24/7 Newsroom News

USDA Data Casts Doubt on China’s Soybean Purchase Promises Touted by Trump

USDA Data Casts Doubt on China’s Soybean Purchase Promises Touted by Trump

OMAHA, Neb. (AP) — New data the Agriculture Department released Friday created serious doubts about whether China will really buy millions of bushels of American soybeans like the Trump administration touted last month. The USDA report released after the government reopened showed only two Chinese purchases of American soybeans since the summit between President Donald…MORE

Shareholders of Union Pacific, Norfolk Southern Support $85 Billion Rail Merger

Shareholders of Union Pacific, Norfolk Southern Support $85 Billion Rail Merger

OMAHA, Neb. (AP) — Shareholders of Union Pacific and Norfolk Southern backed the railroads’ proposed $85 billion merger to create the nation’s first coast-to-coast rail network. Investors in both railroads voted to support the deal Friday, but the U.S. Surface Transportation Board must still approve it before the deal can be completed. UP CEO Jim…MORE