This week’s Cotton Newsline is 3 cuts. All cuts are Dale Thompson, Manager of Marketing and Processing Technologies for the National Cotton Council.
Suggested Introduction 1:
The Agriculture Transportation Coalition (AgTC) reports that the railroads now have plans to spend millions of dollars to expand rail and port capacity. Dale Thompson, Manager of Marketing and Processing Technologies for the National Cotton Council, says the increased capacity will handle the existing agricultural exports and the increasing Asia-sourced intermodal import traffic.
Suggested Introduction 2:
Thompson says. Burlington Northern Santa Fe may be building a large transload facility in Amarillo, TX, which could handle a number of cargos, including grains, cotton, etc.
Suggested Introduction 3:
According to Thompson, this will put cotton in a good position to take advantage of marketing opportunities.
Thompson says it’s encouraging to have railroads talking about this type of development in a major cotton-growing area.