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

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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2026 USDA Acreage Fireworks Next Week? + RVO’s Old new

Video: 2026 USDA Acreage Fireworks Next Week? + RVO’s Old news


Next week’s USDA reports (acreage/stocks) could be a surprise/market moving. RVO’s (new blending biofuel requirements) were as expected with no big surprises and already baked into futures. E15 summer waiver just simply good optics. Markets are skeptical that the war in Iran ends soon with no diplomatic off ramp. The Trump/Xi meeting in China now May 14 – 15. March 1 USDA hogs and Pigs report was friendly/bullish + CFTC and more.