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Food for thought! Union Pacific restricts shipment on fertilizer.

Posted by Dobrien 3 years, 7 months ago to History
67 comments | Share | Flag

Once again Atlas Shrugged is no longer fiction.
Is Jim Tagert running Union Pacific?
Union Pacific's plan to begin metering traffic as of today will curtail fertilizer shipments and put crops at risk, a major fertilizer producer says. “The timing of this action by Union Pacific could not come at a worse time for farmers,” CF Industries CEO Tony Will said in a statement on Thursday.7 days ago

According to Josh Linville, fertilizer director for StoneX Financial, Union Pacific was behind on its own shipments, leading up to the restrictions on private rail cars such as CFI’s, to catch up.

"Not only will fertilizer be delayed by these shipping restrictions, but additional fertilizer needed to complete spring applications may be unable to reach farmers at all,” Will said. “By placing this arbitrary restriction on just a handful of shippers, Union Pacific is jeopardizing farmers' harvests and increasing the cost of food for consumers."

“This really hurts fertilizer shipments as companies such as CFI rely on their own rail cars to move product. Logistics were already going to be tough this spring, this makes that situation worse,” Linville added.


All Comments

  • Posted by 3 years, 7 months ago in reply to this comment.
    +1 👍🏻 UAN is the fertilizer in Question. It is urea ammonia nitrate.
    This corrosive liquid requires specialized trucks.
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  • Posted by Eyecu2 3 years, 7 months ago in reply to this comment.
    While I agree with your position, I would also argue that we must educate young, private schools should be readily available. As they currently are not wide spread enough to handle the load a Government funded educational system I find to be a necessary evil.

    Honestly I became a teacher as my way of going Galt and working within the monster I hate.
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  • Posted by GaryL 3 years, 7 months ago in reply to this comment.
    Money buys land and homes and buildings here and China has plenty of that they got from us by buying all the crap they make and send to us. China owns a good majority of the gambling casinos here and around the world not to mention many of the largest buildings in major metro cities.
    Reply | Permalink  
  • Posted by freedomforall 3 years, 7 months ago in reply to this comment.
    I don't know what effect government has on transport via rail.
    I think the cost to transport fertilizer is lower via rail than via truck.
    Possibly pertinent info on UP.

    Who has the largest ownership of Union Pacific?
    Wellington Management Company 15M
    Bank of America Corporation 12M
    Massachusetts Financial Services 11M Geode Capital Management 10M
    Northern Trust 7.4M
    Deutsche Bank Aktiengesellschaft 7.0M Bank of New York Mellon 5.8M
    Norges Bank Investment Management 5.8M Goldman Sachs Group 5.6M
    Franklin Resources 5.0M
    Fisher Investments 4.9M
    Jpmorgan Chase & Co 4.6M
    Wells Fargo & Company 4.5M

    Board of Directors
    Andrew H. Card, Jr.
    Former Chief of Staff to President G.W. Bush
    Government

    William J. DeLaney
    Former Chief Executive Officer
    Sysco Corporation
    Business

    David B. Dillon
    Former Chairman
    The Kroger Company
    Business

    Sheri H. Edison
    Former Executive Vice President and General Counsel
    Amcor plc
    Business

    Teresa Finley
    Former Chief Marketing & Business Services Officer
    United Parcel Service, Inc.
    Business

    Lance M. Fritz
    Chairman, President and Chief Executive Officer
    Union Pacific Corporation and
    Union Pacific Railroad Company

    Deborah C. Hopkins
    Former Chief Executive Officer
    Citi Ventures
    Venture Capital Investing

    Jane H. Lute
    President and CEO
    SICPA, North America
    Business

    Michael R. McCarthy
    Chairman
    McCarthy Group, LLC
    Investment Management

    Thomas F. McLarty III
    President
    McLarty Associates
    Strategic Advisory and Advocacy Services

    Jose H. Villarreal
    Advisor
    Akin, Gump, Strauss, Hauer & Feld, LLP
    Law Firm

    Christopher J. Williams
    Chairman
    Siebert Williams Shank & Co.
    Investment Management
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  • Posted by LibertyBelle 3 years, 7 months ago in reply to this comment.
    To allosaur:
    People like those on the Squad who apparently regard humans, as such, as "parasites", and therefore want such "parasites" destroyed, should begin with themselves.
    Reply | Permalink  
  • Posted by LibertyBelle 3 years, 7 months ago in reply to this comment.
    I To citizen 1:
    It seems necessary to name the person to whose letter I am replying, as it seems the machine just never prints the "reply" where it is typed.
    I am 70. I still care. But I think we may have a good chance to turn things around in November of this year. I don't like the overconfidence that some on the Republican side have been displaying, because it's not smart. But I think that there is still a good chance.
    Reply | Permalink  
  • Posted by LibertyBelle 3 years, 7 months ago in reply to this comment.
    I am glad you realize the educational system is being "dumbed down",Eyecu2, but I don't think we should have a government-financed, government-run educational system in the first place. Public education should be abolished, except for technical training in the military, and police academies.
    Besides that the only proper functions of government are (1) to protect people from force, including violence and fraud; and (2) to punish same; education teaches thought processes, and the government should definitely not be in charge of that--it necessarily leads to government thought control. We should have a separation of education and state, the same as separation of church and state.
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  • Posted by LibertyBelle 3 years, 7 months ago
    I would like to know: Is this a decision freely made by Union Pacific, or did the government somehow force them into it?
    Does Union Pacific have a coercive (government-enforced) monopoly on doing that business?
    And what about transporting fertilizer by truck? Isn't that business somehow open to the trucking companies?
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  • Posted by UncleAlbert 3 years, 7 months ago in reply to this comment.
    I walk 47 miles of barbed wire
    I use a cobra-snake for a necktie
    I got a brand new house on the roadside
    Made from rattlesnake hide

    The first verse of one of my all-time favorite Bo Diddley songs…thanking you for the reference to it and making me recall the lyrics..interesting that he references a house in it, as well
    Reply | Permalink  
  • Posted by mccannon01 3 years, 7 months ago in reply to this comment.
    "... just in a sneakier way than was done in the USSR." Agreed, but right now it's a mix of fascism and communism with a smattering of free market capitalism still managing to survive. The way I see it, socialist/fascist is a controlling government allowing people (individuals, shareholders, etc.) to pretend they own something and socialist/communist makes no such pretense. Property tax is fascist, income tax is communist.

    Your examples of collectivization through regulation are very good. I assume the regulation also includes manipulation of tax codes to favor one entity over another.
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  • Posted by DrZarkov99 3 years, 7 months ago in reply to this comment.
    You hit on an important point, the nationalization of nearly every form of production by regulation. That's been taking place ever since the beginning of the Great New Deal, under FDR. The aviation industry was effectively nationalized during WW II, and has pretty much stayed in the government pocket.

    Competition in the aerospace industry has been essentially dead for a long time. SpaceX had to fight an uphill battle to get into the government launch game, even when they had an operational launch vehicle competing against the yet to be produced ULA Vulcan. Boeing is the only producer of large commercial aircraft; Northrop had no competition for the new B-21 Raider; Lockheed is slowly becoming the sole producer of fighter aircraft (while Boeing is still producing upgrades to the F-18 and F-15, but that may be the last for them).

    We've seen how the government pretty much owns the US auto industry, continually bailing the "big three" out. Remember the financial giants "too big to fail?"

    Thanks for reminding us that we're headed toward the Communization of our nation, just in a sneakier way than was done in the USSR.
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  • Posted by $ jbrenner 3 years, 7 months ago in reply to this comment.
    The inventor of the plasma arc reactor was Albin Czernichowski, but because he did not want to give it to the Communist Party, he never got the credit he deserved.
    Reply | Permalink  
  • Posted by $ jdg 3 years, 7 months ago in reply to this comment.
    At its root, they hate humans and civilization. We are all supposed to be made to live without modern transport, without eating meat, and without owning anything we don't carry around on our bodies. Oh, and we'll all be implanted with surveillance chips so a universal Chinese style social credit system can be imposed on us. Forever. Only elites like Obama, Gore, and their friends will be exempt.

    This is worth a nuclear war to prevent or undo.
    Reply | Permalink  
  • Posted by 3 years, 7 months ago in reply to this comment.
    Ahhh. You both met in the past in a discussion about negative feedback mechanisms and
    Rudolf Starkermann , if I am not mistaken.
    Reply | Permalink  
  • Posted by mccannon01 3 years, 7 months ago in reply to this comment.
    "...the small players have been pushed out of farming and ranching, and we're left with the "too big to fail" crowd. Look for a call for big bailouts of the failing superfarms if things don't go well."

    These words made me think of Stalin's collectivization of agriculture in the Soviet Union. Many independent farmers that didn't buy into the plan got one way tickets to the gulags. The whole thing failed then, too.
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  • Posted by $ jbrenner 3 years, 7 months ago in reply to this comment.
    Nice to meet you, John. I have met someone quite literally named "John Galt" who is working at a local air conditioning repair company. I have met someone who is a "real John Galt" that invented a technology similar to Mr. Fusion from the Back to the Future movies while he was still in Cold War Poland but didn't make money off of it until 2006-2009. We shrugged together in early 2009 when Obama urged our clients to take freebies with Solyndra. instead of our technology.
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  • Posted by ArtIficiarius 3 years, 7 months ago in reply to this comment.
    I have spent time on the Chessie System Railroads and the Washington Metropolitan Area Transit Authority. NY MTA, LIRR, and AMTRAK are nibbling around the service market looking for me. If you know, you need not ask. I am John Galt. The Taggart Tunnel is happening every single day.
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  • Posted by term2 3 years, 7 months ago in reply to this comment.
    absolutely, nearly all leftist programs and regulations are really designed to bring down our economy
    Reply | Permalink  
  • Posted by term2 3 years, 7 months ago in reply to this comment.
    very difficult business, and is made even more difficult when animals are raised as part of it.
    Reply | Permalink  

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