The agreement covers rehabilitating existing and damaged facilities, modernizing production lines and equipment, upgrading operating and control systems, and improving energy efficiency.
The expansion is expected to improve the terminal’s operational flexibility and strengthen its role in serving domestic and international grain markets.
The congestion is affecting nearly all fertilizer producers operating in the region and is tightening near-term urea availability ahead of expected demand from major importers, including Brazil.
Corn, wheat and rice imports are expected to rise to make up the difference as the United States continues to be the main supplier for grain and feed.
The expanded rail infrastructure is designed to accommodate larger unit trains and improve grain movement from the elevator to domestic and export markets.