According to the National Grain and Feed Association, the first quarter rail delays cost the grain industry more than $100 million. “Depending on the market position of the grain industry participant, these extra transportation costs are borne by the participant, reflected in the grain basis paid to the farmer or passed to the consumer,” said Michael Seyfert, president/CEO, NGFA. “We have reports of trains sitting for more than ten days when it is customary to have the trains pulled the following day after loading. Some NGFA members reported dwell times last week double what they were in March and triple compared to February.” Seyfert testified in the ag panel at Tuesday’s rail hearing. Hear the story.