exports

Harvest Desk
1:38 am
Tue October 15, 2013

Shipping Containers Can Open Export Market To Farmers

Agribusiness giant ADM recently opened a 275-acre container shipping rail yard near Decatur, Ill., in part to export more grain.
Credit Bill Wheelhouse/Harvest Public Media

A huge new rail yard has been buzzing on the outskirts of Decatur, Ill. Agribusiness giant Archer Daniels Midland (ADM) recently opened the 275-acre facility that would be at home at any major port city on the coast. But it’s in the heart of Illinois farm country because farmers have been taking advantage of a new method of shipping out their products.

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Illinois Issues
12:00 am
Sun February 1, 2004

Trade Wars: The European Union has threatened sanctions if the US doesn't end a federal tax break

Illinois owes thousands of jobs to a decades-old federal tax break aimed at encouraging companies to export products. Those jobs will be in jeopardy this spring, though, if Congress repeals the break, as the European Union is pressuring it to do, without cushioning the financial blow. 

Two of Illinois’ largest exporters, Boeing Corp. and Caterpillar, would be particularly hard hit and have been lobbying Capitol Hill in the hope of influencing the final legislation.

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