Impact on ag acute as CN, CPKC unable to reach labor deal with Teamsters

Record crop revised lower

Third-largest corn crop also anticipated

Government plans another ban on imports from Russia

South America produces more than half the world’s soybeans

Grain shippers seek government intervention in labor dispute

Expected to be up 9% from 10-year average

Recognizes achievements, contributions to agribusiness industry

Smaller crops in the EU are expected in 2024-25

It is the second-largest market for US ag products in Africa