This article has been reprinted from the May 10 USDA Grain Transportation Report.
On May 1, Consolidated Grain and Barge Co. (CGB) and Riverland Ag announced their joint ownership and operation of a grain terminal in Savage, MN.
The terminal will receive, store, and ship wheat, corn, soybeans, rye and other products.
The facility has 9.2 million bushels of grain storage, barge and rail shipping capabilities, high speed truck and rail receiving capacity, and connections with the Twin Cities and Western Railroad, BNSF Railway, Union Pacific Railroad, and Canadian Pacific Railway.
The announcement says the new venture will allow for expansion into new grain markets and maximize volume from each company to lower cost per unit handled.