CN Moves Record 33.8M Tonnes of Grain in 2025-26 Crop Year
CNI sits 39% above its 52-week low of $90.74.
Summary
CN closed the 2025-26 crop year with a record 33.8 million metric tonnes of grain moved from Western Canada, beating the prior record of 32.6 MMT. July alone saw 2.62 MMT, topping the previous July high of 2.43 MMT. This follows a strong Q2 where revenue rose 11% and guidance was raised. The record volumes underscore robust grain demand and operational execution, reinforcing the positive freight trend. The new 2026-27 Grain Plan signals continued focus on capacity for the upcoming harvest.
At the time of this announcement, CNI was trading at $126.50 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $75.6B. The 52-week trading range was $90.74 to $131.55. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.