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CP Rail Sets November Record For Shipping Canadian Grain & Grain Products

CP Rail has completed its best-ever November and second-best-ever month for shipping Canadian grain and grain products, with 2.96 million metric tonnes moved.
 
This exceeds the previous November record in 2019 by 8 percent, and is second only to October 2020 for total monthly tonnage.
 
CP has shipped 11.13 million metric tonnes of Canadian grain and grain products in the 2020-2021 crop year, exceeding the amount shipped at this time in the 2019-2020 crop year by 15 percent.
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The 2026 Trump/Xi Summit in China was one BIG disappointment, but the USDA May Crop Report was bullish U.S. wheat. Wheat Quality Council Tour confirmed the lower wheat production from the USDA for Kansas. Could the U.S. drought travel East and North into the top “I” states from June to August of 2026? #1 U.S. pork buyer Mexico bans 10% of supplies. E15 passes through U.S. Congress but will it pass in the Senate? Higher U.S. wholesale inflation reminds us of 2020-2022. Meal futures spiking + CFTC.