Effects of the Staggers Rail Act on grain marketing.

Publisher: U.S. Dept. of Agriculture, Office of Transportation in [Washington, D.C.]

Written in English
Published: Pages: 22 Downloads: 300
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  • United States.,
  • Grain trade -- United States.

Edition Notes

ContributionsUnited States. Dept. of Agriculture. Office of Transportation.
The Physical Object
Paginationii, 22 p. ;
Number of Pages22
ID Numbers
Open LibraryOL17665001M

29 November to undertake a review of the Grain Marketing Act (Act). A statutory review of the Act was scheduled for This report presents the Authority’s findings and final recommendations. The recommendations in this report have been informed by a consultation process that. Staggers Rail Act of [microform]: hearings before the Subcommittee on Surface Transportation of the Committee on Commerce, Science, and Transportation, United States Senate, Ninety-eighth Congress, first session on oversight of the Staggers Rail Act of , J 27, and Sept. 1, A futures contract involves 5, bushels, and these contracts are quoted as price-per-bushel. The second market involves the cash market, and that is where the actual grain is handled, whether at an elevator, processor or in the case of corn, ethanol plants. If the cash market is a bid of $ per bushel, and the futures price is $, the. But private-sector freight service was left to succeed or fail on its own. The renaissance in freight traffic began in with the Staggers Rail Act, which allowed railroad companies to contract with customers for services and granted freedom to set most rates based on market supply and : Peter Z McKay.

  The critical, localized difference between futures and cash grain prices, "basis" is perhaps the market's most effective trading tool. Elaine Kub, author of Mastering the Grain Markets, and Todd. example, the marketing year for the current corn crop is from Sept. 1 of the current year to Aug. 31 of the next year. The year begins at harvest and continues until just before harvest of the fol-lowing year. • Carryover - The quantity of a commodity re-maining at the end of marketing year. • Free supply - The amount of grain available to. (Download the pdf of the book here) From the introduction: In GRAIN published 'The great food robbery’. We thought it was high time to do a sequel. Over the past twenty-five years, GRAIN has worked with social movements and organisations around the world to defend local food systems and cultures from the advance of industrial agriculture. As to the effects of the Staggers Act on TOFC/COFC, the effects were tremendous. And for the good. Staggers in would certainly have been better than Staggers in But Staggers should never have been necessary. The government never should have taken on the powers and role that it did.

2 2 Forecasting in Agriculture Consider, this information for Illinois farmers over Revenue gain $/acre $/acre 66th percentile $/bu. $/bu. Average price $/bu. $/bu. Adam, Brian D., and Dale G. Anderson. “Effects of Contract Rail Rates on Level of Grain Bids at Country Elevators.” Selected Paper presented at the AAEA Annual Meeting, Reno, Nevada, July Department of Agricultural Economics Staff Paper #7, University of Nebraska Lincoln. Abstract in AJAE, December , 68(5) Mills have stated that the oil seems to adversely affect the tempering process in wheat and causes discoloration in flour. However, studies on oil-treated grain conducted by the American Malting Barley Association and U.S. Grain Marketing Research Laboratory reveal no significant effects on functional properties of oil-treated wheat. b. Railroads and Grain Page 5 of 7 In addition, grain-related food products — which consist of a wide variety of commodities such as flour, animal feed, soybean oil, and corn syrup — typically account for another 4 percent or so of rail tonnage and revenue. U.S. freight railroads carry more corn than any other type of grain. From

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Get this from a library. Effects of the Staggers Rail Act on grain marketing. [United States. Department of Agriculture.

Office of Transportation.;] -- This assessmeht report identifies the major post-Staggers impediments to the grain marketing and transportation system and recommends actions to alleviate these problems. the Office of Transportation. Cited by: José A.

Gómez-Ibáñez, "Open Access to Infrastructure Networks: The Experience of Railroads," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 49(2), pages, Elvis, "Hard Red Spring Wheat Marketing: Effects of Increased Shuttle Train Movements on Railroad Pricing in the Northern Plains," Journal of the.

Full text of "Staggers Rail Act of hearing before the Subcommittee on Surface Transportation of the Committee on Commerce, Science and Transportation, United States Senate, Effects of the Staggers Rail Act on grain marketing.

book Congress, first session, on oversight of Staggers Rail Act ofNovem " See other formats. This was both informative about grain marketing principles and on better understanding the overall workings of the markets. The writing style was excellent in that what could be a relatively technical, boring subject was presented in an enjoyable, fun read.

i would definitely recommend this book to any producer who wants to better understand /5(45). The Staggers Act of largely ended almost a century of US government regulation of railroads. This paper presents evidence that deregulation has had a positive impact on the economy.

In short, the Staggers Act has created a renewed sense of urgency to accept marketing principles, understand them and put them to use. On Track to Profitability Recent data show that railroads now account for nearly 40 per cent of total U.S.

freight tonnage. PROPOSED RAIL LINE ABANDONMENTS: ADVOCACY ON BEHALF OF THE SHIPPER IN THE STAGGERS RAIL ACT ERA I. INTRODUCTION Shippers of grain and other freight by railroad in North Dakota have become inescapably aware in recent years that the future of branch line service on many lines in the state is uncertain.

Execution of contracts and instruments by Grain Marketing Board. Transaction of business of an urgent nature. PART III FINANCIAL PROVISIONS RELATING TO GRAIN MARKETING BOARD Trading reserve funds. Revenue account. Redemption of loans. Accounts of Grain Marketing Board. Reports of Grain Marketing Board.

The Staggers Rail Act of proved to be a significant step toward deregulation. President Carter assured his confidence to the public: By stripping away needless and costly regulation in favor of marketplace forces wherever possible, this act will help assure a strong and healthy future for our Nation’s railroads and the men and women who.

Regulatory reform included the 4-R Act of (the Railroad Revitalization and Regulatory Reform Act) and the Staggers Rail Act of The 4-R Act gave railroads more pricing flexibility and easier abandonment proceedings, but as MacDonald [a] and Friedlaender and Spady [I note, the ICC interpreted provisions in a way that limited.

Study Committee on Railroad Transportation and Regulation. As requested by Congress, TRB will conduct a comprehensive study of the nation's railroad transportation system since the enactment of the Staggers Rail Act of The study shall address and make recommendations on grain elevator, and (2) characterize the residual grain left in each piece of equipment in the elevator after handling operations are completed.

Data on commingling of grain and residual grain during elevator handling will be beneficial in design and development of strategies and 1 This article reports the results of the research only.

Mention. Revenue adequacy as an explicit goal of railroad regulatory policy dates to the Railroad Revitalization and Regulatory Reform (4-R) Act of 10 The act directed ICC “to make an adequate and continuing effort to assist [railroads] in attaining such revenue levels” as needed to “provide a flow of net income plus depreciation adequate to.

Characteristics and costs of operation of North Dakota's farm trucks by Gene C Griffin (Book) 6 editions published between and in English and held by 18 WorldCat member libraries worldwide. trends for service, investment and marketing in the grain marketing sector. The survey produces several interesting expectations, including (1) further consolidation of the rail and elevator industries, (2) increasing prominence of the HAL cars in grain service, (3) an increase in rail.

By pricing grain according to pre-set marketing strategy and by taking advantage of market tendencies and low basis levels, the producers will attain the goal of higher market returns.

Enrolling in a marketing training course is a good way to begin a strategic plan. OK, I would give this a if I could, but not a 5. I have a lot of the Model Railroader books, and this one goes in to a lot of detail on the grain and related rail operations.

I loved this book to the point that I am changing my 's layout plans to incorporate more grain operations (I would put this in my top 3 /5(13).

MacDonald examined the effects of deregulation on rail grain rates in his study. The author hypothesized that railroad regulation allowed railroads to act collectively as a cartel and caused rate equalization among shippers in regions, slowing down the adoption of cost.

In this paper, we document these innovations and examine the behavior of rail rates fromusing a nonlinear regulatory adjustment mechanism to represent the effects of partial deregulation. We focus on rate changes that have occurred under the new regulatory regime introduced by passage of the Staggers Rail Act in The effects of increased shuttle-train movements are felt not just by grain and oilseed shippers but also across the transportation system.

3 Baccus, Steve, “Economic Future of Rail Dependent Industries Under Status Quo Rail Policies,” presentation at the 2nd Annual Rail Customer Forum, Washington, DC, March 1. 18 significant pieces of legislation that largely deregulated these industriesâ the Staggers Rail Act of and the Motor Carrier Act of Intermodal shipments also are growing in importance, particularly truck and rail, in terms of ton­miles, and truck and air for high­value and/or.

Since the Staggers Act, the average rate of return on investment for the rail road industry has increased from less than percent during the s to slightly more than 10 percent during U.S.

Department of Agriculture, Office of Transportation, Effects of the Staggers Rail Act on Grain Marketing, Washington, DC: USDA, July (22 pp.), U.S. Department of Commerce: Bureau of the Census, Historical Statistics of the United States, Colonial Times toLibrary of Congress No.

The size, structure and market power of the rail industry serving Minnesota continues to grow. Consolidation of the regions railroads may unfavorably influence railroad rate levels and the competitiveness of the region agribusiness industries in domestic and international markets.

An evaluation of this policy is important to policy makers,farmer organization, agribusiness industries and.

The Bottom Line: What Staggers Act Deregulation Accomplished * The Staggers Rail Act quite literally rescued the railroad industry from four-score years of economic decline and set railroad finances on a path of Renaissance that has lasted for another three decades.

While the Great Recession of cut deeply into the promise of the Rail. railroads from over in the mids to 35 in The Staggers Rail Act in served as a turning point for freight rail industry.

The act removed restrictive regulations, making the railroads more competitive with its principal competitor, trucking. Moreover, the act made it easier for railroads to abandon unprofitable Size: 10MB. Though this is not a book on trading, it's the once place I've been able to learn about the grain business from a more inside business perspective.

Well worth the read if you are trading grain futures and need to understand the whole Having been trading the grain markets all year, this book really straight me straight on a lot of the elements /5. view. This study creates a comprehensive rail rate index for grain that includes the pricing components inherent in grain movements: rail tariffs, fuel surcharges, and secondary railcar auction values.

Grain is an important commodity to railroads. Ingrain represented percent of all carloads originated, percent of total tons, and Cited by: 2. Grain Pricing and Transportation: Dynamics and Changes in Markets Highlights There are important challenges to the grain handling and shipping industries, as well as understanding the role of transportation, basis relationships and grain pricing.

The purpose of this study is to analyze the relationships and impacts between shipping. Full text of "Rail freight competition study: as provided by Montana Senate BIll (SB) " See other formats.

wheat) by rail has been described in this report by its characteristics. A State level breakdown of rail shipments, rail receipts, grain and oilseed production, animal and poultry production, grain and oilseed exports, where applicable, and grain and oilseed rail rates per ton-mile has been included.

This information can help to explain the.2 Review of the Grain Marketing Act – Issues Paper Background to the Inquiry Grain marketing services, as well as storage and handling services, have traditionally been provided by Statutory Marketing Authorities (SMA’s).During the s, concerns regarding the.Of the Staggers Rail Act Of For Level and Variability Of Country Elevator Price Bids." Transportation Research Forum, Determines the effects of Staggers on the level of country elevators and bid price variability.

Allen, Benjamin J. (Iowa State Univ.) "The Nature, Effectiveness, and.