CN Reports April Grain Movement
CN (NYSE: CNI) reported a record April grain movement of 3.2 million metric tonnes from Western Canada, marking a new monthly high.
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Rhea-AI Summary
CN (NYSE: CNI) reported a record April grain movement of 3.2 million metric tonnes from Western Canada, marking a new monthly high. This is the eighth month of strong performance this crop year, with seven months setting new monthly records.
Management attributed the pace to steady export demand, available grain and CN's cross‑border network efficiency while emphasizing continued focus on consistent service into the upcoming seeding and crop year.
Positive
- April grain moved: 3.2 million metric tonnes (monthly record)
- Eight months of strong crop‑year performance, seven months were new monthly records
- Network efficiency across export corridors supporting record‑setting volume pace
- Focused capacity coordination with customers and supply‑chain partners for upcoming crop year
Negative
- None.
Details
News Market Reaction – CNI
On May 4, the day this news came out, CNI closed 2.30% below the previous close.
Data tracked by StockTitan Argus for the May 4 session.
Key Figures
- April grain moved
- 3.2 million metric tonnes
- Grain from Western Canada in April 2026
- Strong performance months
- 8 months
- Strong grain performance in current crop year
- Monthly grain records
- 7 months
- Months in this crop year setting new monthly grain records
Historical Context
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Filed a new multi-year debt issuance program in Canada and the U.S.
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Declared a Q2 2026 dividend of C$0.9150 per common share.
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Reported record RTMs, strong free cash flow and maintained 2026 guidance.
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Announced timing and access details for the Q1 2026 results release.
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Reported record March grain movement above 2.96M tonnes from Western Canada.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MONTREAL, May 04, 2026 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that in April it moved 3.2 million metric tonnes of grain from Western Canada, again setting a new monthly record for grain movement. That makes eight months of strong performance for this crop year, with seven months being new monthly records. CN's strong network performance is enabling a record-setting volume pace as a result of the steady export demand, the available grain and CN's efficient operations across both export corridors and within Canada and the US.
As farmers across Western Canada enter the seeding season, CN remains focused on providing consistent and reliable service to support the agricultural supply chain. The Company continues to work closely with customers and supply chain partners to ensure capacity is in place to meet ongoing demand and position the network for the upcoming crop year.
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 |
FAQ
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