CN And CP Moved Over 18 Percent More Grain This Crop Year

Dec 22, 2014

In the 2013-2014 crop year, 38,461,953 million tonnes of Western grain were moved, which is 18.8 percent higher than the volume moved during the previous crop year. The average length of haul of 945 miles was just one mile, or 0.1 percent higher, than the previous crop year.

CP's grain revenue of $623,620,236 was $1,653,714 below its entitlement of $625,273,950.

CN’s grain revenue of $672,110,852 was $4,981,915 above its entitlement of $667,128,937.

CN now has 30 days to pay the amount by which they exceeded their 2013-2014 revenue entitlement, in addition to a five percent penalty of $249,096. Government regulations stipulate that such payments must be made to the Western Grains Research Foundation, a farmer-financed and directed organization set up to fund research that benefits Prairie farmers.

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