“As a family farmer in
“The project to rehabilitate and strengthen DM&E’s rail system will help producers have more competitive options to transport not just grains, but ethanol to market,” Jensen said. “DM&E is located right in the heart of ethanol country. With production growing in this area, our next challenge is getting it to the pumps for consumers in a safe, efficient manner. The DM&E expansion project would do exactly that.”
Six ethanol plants are located on DM&E and IC&E railroad lines with another two plants under construction for total projected annual production of 1 billion gallons of ethanol.
Earlier this year, USDA weighed in on the importance of the project to agriculture producers, specifically supporting DM&E’s application for a federal rail loan by saying:
“The DM&E proposal would help ease rail capacity constraints in the
The Department added that the DM&E project “has the potential to benefit
The Department also testified before the federal Surface Transportation Board that the DM&E project would add up to 20 cents per bushel to the value of grains such as corn and wheat. USDA added that “rebuilding the DM&E will lower transportation costs, creating new opportunities for mutually beneficial exchange, which will aid consumers and producers.”