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CN Sets Record with 33.8 Million Metric Tonnes of Grain Moved in 2025–26 Crop Year

CN achieved a record 33.8 million metric tonnes of grain movement in the 2025-26 crop year, exceeding previous records.

Quiver AI Summary

CN announced that it achieved a record grain movement of over 33.8 million metric tonnes from Western Canada during the 2025–26 crop year, surpassing the previous record of 31.2 million metric tonnes from the 2024-25 crop year. This milestone was marked by a strong performance in July, where CN transported 2.62 million metric tonnes of grain, exceeding the July record set in 2020. The success was attributed to robust customer demand, effective collaboration across the grain supply chain, and the execution of CN's operational strategy. As the company prepares for the upcoming harvest, it has released its 2026–27 Grain Plan, focusing on delivering reliable services to producers and supply chain partners.

Potential Positives

  • CN achieved a record movement of over 33.8 million metric tonnes of grain, showcasing strong operational performance and customer demand.
  • The July performance increased to 2.62 million metric tonnes, setting a new record for that month and indicating robust growth.
  • The announcement highlights CN's commitment to reliability and safety in service, reinforcing its position as a trusted partner in the grain supply chain.
  • CN's introduction of a new 2026–27 Grain Plan demonstrates proactive planning and readiness to support future harvests, which can enhance stakeholder confidence.

Potential Negatives

  • None

FAQ

What is the record grain movement achieved by CN in the 2025–26 crop year?

CN achieved a record movement of more than 33.8 million metric tonnes of grain from Western Canada.

How did CN's July grain movement in 2026 compare to previous years?

In July 2026, CN moved 2.62 million metric tonnes of grain, surpassing the previous July record of 2.43 million metric tonnes set in 2020.

What factors contributed to CN's record grain performance?

The record performance was driven by strong customer demand, collaboration across the grain supply chain, and effective execution of CN’s operating plan.

What is included in CN's new 2026–27 Grain Plan?

CN’s 2026–27 Grain Plan outlines preparations for the harvest, including network, resources, and operations to support the grain supply chain.

What is CN's role in North America's transportation network?

CN safely transports over 300 million tons of goods annually, connecting Canada’s coasts with the U.S. Midwest and contributing to sustainable trade.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.


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$CNI Hedge Fund Activity

We have seen 367 institutional investors add shares of $CNI stock to their portfolio, and 345 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$CNI Price Targets

Multiple analysts have issued price targets for $CNI recently. We have seen 8 analysts offer price targets for $CNI in the last 6 months, with a median target of $134.5.

Here are some recent targets:

  • Ariel Rosa from Citigroup set a target price of $141.0 on 07/09/2026
  • Christian Wetherbee from Wells Fargo set a target price of $135.0 on 07/08/2026
  • Jonathan Chappell from Evercore ISI Group set a target price of $124.0 on 06/25/2026
  • Kevin Chiang from CIBC set a target price of $185.0 on 06/25/2026
  • Brandon Oglenski from Barclays set a target price of $109.0 on 06/25/2026
  • Ken Hoexter from B of A Securities set a target price of $134.0 on 06/23/2026
  • Walter Spracklin from RBC Capital set a target price of $178.0 on 04/30/2026

Full Release

MONTREAL, Aug. 11, 2026 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that it closed the 2025–26 crop year with a record movement of more than 33.8 million metric tonnes (MMT) of grain from Western Canada, exceeding the previous record of 31.2 MMT set in the 2024-25 crop year. The record-setting year was capped by a strong finish in July, when CN moved 2.62 MMT of grain, surpassing the previous July record of 2.43 MMT set in 2020.

This record performance was driven by strong customer demand, close collaboration across the grain supply chain and the consistent execution of CN’s operating plan, unlocking incremental capacity and value.

As CN closes out this record 2025–26 crop year and looks ahead to the next harvest, the Company remains focused on delivering safe, consistent and reliable service for producers, grain companies and supply chain partners. CN’s new 2026–27 Grain Plan is now available and outlines how the company is preparing its network, resources and operations to support the grain supply chain in the harvest ahead.

About CN
CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada’s Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.

Contacts:

Media Investment Community
Ashley Michnowski Jamie Lockwood
Senior Manager Vice-President
Media Relations Investor Relations and Special Projects
(438) 596-4329 (514) 399-0052
media@cn.ca
investor.relations@cn.ca



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