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#1: BTP Holdings    To: Horse (#0)

Commodity Railcars Sit Idle Amid Industrial Recession

They are still hauling corn to the MFA silos here along the rail line. And there are also grain cars on the siding to haul the grain off to be shipped elsewhere.

If these big banks have bought up tank cars and they are sitting idle on sidings, then they have made a serious misjudgment in the markets. ;)

BTP Holdings posted on 2019-12-29 10:20:11   Reply   Private Reply

#2: Horse    To: BTP Holdings (#1)

Rail traffic is high only when there are lots of imports and exports. People overseas do not like to buy our GMO corn. And those floods combined with freezes have reduced grain output. The economy should suck along for a year and then drop like a rock.

Horse posted on 2019-12-29 13:23:05   Reply   Private Reply