News

Farm Groups Hail Railroad Investment

Farm Groups Hail Railroad Investment

Photo: WNAX


South Dakota farm groups are reacting positively to Governor Dennis Daugaard’s announcement that $56 million in private funds will be invested in four rail projects in the state. Lisa Richardson, South Dakota Corn Executive Director says the infrastructure expansion will benefit farmers moving grain and ethanol.

However, she also commends the rail companies for the private investments they’re making now and in the future.

Due to the investments, a new $40 million grain handling facility in Britton and a $40 million grain shuttle loading facility in Kennebec will be opened. The Governor also announced $4 million in Future Funds will be available to match other South Dakota rail investments made by private entities.