CP - KCS Deal Looking Certain

Sep 14, 2021

It almost seems certain now, that Calgary based CP rail will move forward in acquiring Kansas City Southern.

On the weekend, the board at KC said the bid of about 31 billion dollars by CP, which includes debt was superior to the offer being made by rival CN. Initially, the company had accepted CP's bid, months ago, but then entertained a sweeter off by CN. But it was dealt a major setback recently when the US surface transportation board rejected CN's use of a voting trust to complete the deal.

CP said on the weekend, its merger with KCS would maintain all existing freight rail gateways while creating new north-south lanes between western Canada, the US, upper Midwest, the gulf coast and Mexico. CP also said the deal would create a route network that doesn't funnel all of its traffic through the already congested Chicago area.

Meanwhile, some of the top shareholders for CN are demanding changes to the current board of directors and the firing of the company's CEO.

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Video: Evolution of Beef Cattle Farming

The Clear Conversations podcast took to the road for a special episode recorded in Nashville during CattleCon, bringing listeners straight into the heart of the cattle industry. Host Tracy Sellers welcomed rancher Steve Wooten of Beatty Canyon Ranch in Colorado for a wide-ranging discussion that blended family history and sustainability, particularly as it relates to the future of beef production.

Sustainability emerged as a central theme of the conversation, a word that Wooten acknowledges can mean very different things depending on who you ask. For him, sustainability starts with the soil. Healthy soil produces healthy grass, which supports efficient cattle capable of producing year after year with minimal external inputs. It’s an approach that equally considers vegetation, animal efficiency, and long-term profitability.

That philosophy aligned naturally with Wooten’s involvement in the U.S. Roundtable for Sustainable Beef, where he served as a representative for the Colorado Cattlemen’s Association. The roundtable brings together the entire beef supply chain—from producers to retailers—along with universities, NGOs, and allied industries. Its goal is not regulation, Wooten emphasized, but collaboration, shared learning, and continuous improvement.