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CN Reports December Grain Movement

CN (TSX: CNR, NYSE: CNI) reported record grain movement in December 2025 and for the full 2025 calendar year.

(Neutral)

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Rhea-AI Summary

CN (TSX: CNR, NYSE: CNI) reported record grain movement in December 2025 and for the full 2025 calendar year. In December CN moved over 2.82 million metric tonnes of grain from Western Canada, beating its prior December record (2020) by more than 80,000 metric tonnes. For 2025 CN set a new annual record in Western Canada with over 31.3 million metric tonnes (previous record 30.9 million in 2020) and shipped more than 32.7 million metric tonnes across all of Canada (prior all-time record 32.25 million in 2024). The company cites strong crop production and execution across its winter operations plan.

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Positive

  • December grain movement: over 2.82M metric tonnes
  • Western Canada 2025: over 31.3M metric tonnes (new record)
  • All-Canada 2025: more than 32.7M metric tonnes (new all-time record)
  • December record exceeded 2020 by 80,000+ tonnes

Negative

  • None.
Argus Jan 9 session
-0.52% close to close Open Argus
Details

News Market Reaction – CNI

On Jan 9, the day this news came out, CNI closed 0.52% below the previous close.

Data tracked by StockTitan Argus for the Jan 9 session.

Market Context

This announcement emphasizes CN’s operational strength, with December grain movement exceeding 2.82 ...
Analysis

This announcement emphasizes CN’s operational strength, with December grain movement exceeding 2.82 million metric tonnes from Western Canada and new annual records of over 31.3 million and 32.7 million metric tonnes in Western Canada and all of Canada, respectively. It also reinforces continuity with CN’s 2025-2026 Winter Plan. Investors may track future volume updates, winter operating performance, and the upcoming Q4 and full-year 2025 results for additional context on sustainability of these records.

Key Figures

Dec grain volume: over 2.82 million metric tonnes Dec record beat: over 80,000 metric tonnes Western Canada 2025: over 31.3 million metric tonnes +3 more
Dec grain volume
over 2.82 million metric tonnes
Grain moved from Western Canada in December 2025
Dec record beat
over 80,000 metric tonnes
Above previous December record set in 2020
Western Canada 2025
over 31.3 million metric tonnes
Grain moved in Western Canada in calendar year 2025
Prior Western record
30.9 million metric tonnes
Previous Western Canada annual record from 2020
Canada 2025 total
more than 32.7 million metric tonnes
Grain shipped across all of Canada in 2025
Prior Canada record
32.25 million metric tonnes
Previous all-time Canadian grain shipment record set in 2024

Historical Context

5 past events · Latest: Jan 05
5 events
  1. Jan 05

    Earnings date notice

    24h Move
    -1.0%

    Announced Q4 and full-year 2025 results release and conference call details.

  2. Dec 22

    Community initiatives

    24h Move
    +0.0%

    Outlined 2025 community giving, volunteer hours, and corporate giving pillars.

  3. Dec 19

    Regulatory response

    24h Move
    +0.0%

    Responded to UP-NS merger filing, flagging competition and market concentration concerns.

  4. Dec 08

    Operational performance

    24h Move
    +0.1%

    Reported record November grain movement and execution of 2025-2026 Winter Plan.

  5. Dec 02

    Sustainability report

    24h Move
    +0.5%

    Published 2024 sustainability report with emission, safety, training, and ESG rankings data.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

metric tonnes
1 terms
metric tonnes technical
"CN moved over 2.82 million metric tonnes of grain from Western Canada"
Metric tonnes are a unit of mass equal to 1,000 kilograms (about 2,205 pounds), roughly the weight of a small car. Investors see this unit used to report volumes of commodities, raw materials and finished goods—so knowing how many metric tonnes are produced, shipped or stored helps assess supply, demand and revenue potential. It provides a common scale for comparing production, inventory and trade across markets and companies.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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MONTREAL, Jan. 09, 2026 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that it set a new monthly record for grain movement in December, marking its fourth consecutive record month. CN moved over 2.82 million metric tonnes of grain from Western Canada last month, surpassing its previous December record set in 2020 by over 80,000 metric tonnes.

CN also set a record for grain moved within a single calendar year in 2025. In Western Canada, CN moved over 31.3 million metric tonnes, surpassing the previous record of 30.9 million metric tonnes set in 2020. Across all of Canada, CN shipped more than 32.7 million metric tonnes of grain, exceeding the prior all-time record of 32.25 million metric tonnes established in 2024.

“Canadian farmers produced record grain crops. Through consistent execution and close collaboration across the grain supply chain, CN railroaders supported the movement of these volumes to market. These results contributed to another record month and another consecutive record year in 2025 for grain movement across Canada.”

- Janet Drysdale, Executive Vice-President and Chief Commercial Officer, CN

CN Winter Plan
CN continues to execute its winter operations plan across the network as the colder months have begun. For more information and details about how the Company has put proactive solutions in place please consult its 2025-2026 Winter Plan.

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:

MediaInvestment Community
Ashley MichnowskiStacy Alderson
Senior ManagerAssistant Vice-President
Media RelationsInvestor Relations
(438) 596-4329
media@cn.ca
(514) 399-0052
investor.relations@cn.ca
  

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much grain did CN (CNI) move in December 2025?

CN moved over 2.82 million metric tonnes of grain from Western Canada in December 2025.

What annual grain records did CN (CNI) set for 2025?

CN set a new Western Canada annual record of over 31.3 million tonnes and an all-Canada record of more than 32.7 million tonnes in 2025.

How much did CN's December 2025 result exceed its previous December record (2020)?

The December 2025 volume surpassed the prior December record by over 80,000 metric tonnes.

Did CN (CNI) beat the all-Canada grain movement record in 2025?

Yes. CN shipped more than 32.7 million metric tonnes across Canada in 2025, exceeding the 2024 record of 32.25 million tonnes.

What operational plan is CN using for winter 2025–2026?

CN is executing its 2025–2026 Winter Plan to support winter operations and grain movement across the network.

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