CN Reports February Grain Movement
CN (TSX: CNR | NYSE: CNI) reported its best February on record for grain movement, shipping more than 2.67 million metric tonnes of grain from Western Canada on March 5, 2026.
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Rhea-AI Summary
CN (TSX: CNR | NYSE: CNI) reported its best February on record for grain movement, shipping more than 2.67 million metric tonnes of grain from Western Canada on March 5, 2026. CN says this builds on a strong start to the year and reflects heightened seasonal demand.
The company said it remains focused on executing its 2025-2026 Winter Plan, positioning resources and working with grain customers and supply‑chain partners to move Canadian grain to domestic and global markets during peak winter shipping weeks.
Positive
- Record February: shipped more than 2.67 million metric tonnes of grain
- Operational readiness: executing 2025-2026 Winter Plan to support peak shipping
- Strong start to 2026: continued ability to meet heightened seasonal demand
Negative
- None.
Details
News Market Reaction – CNI
On Mar 5, the day this news came out, CNI closed 1.01% below the previous close.
Data tracked by StockTitan Argus for the Mar 5 session.
Key Figures
- February grain volume
- more than 2.67 million metric tonnes
- Grain moved from Western Canada in February 2026
- January grain volume
- more than 2.72 million metric tonnes
- Second-best January on record reported Feb 5, 2026
- 2025 revenue
- $17,304 million
- Total revenues in 2025, up 2% from 2024
- 2025 net income
- $4,720 million
- Net income for 2025, up 6% year over year
- 2025 free cash flow
- $3,336 million
- Free cash flow in 2025, supporting dividends and buybacks
- 2025 capital spending
- $3.7 billion
- Capital spending in 2025 focused on safety and capacity
- Quarterly dividend
- C$0.9150 per share
- First-quarter 2026 dividend after 3% annual increase
- NCIB authorization
- 24 million common shares
- Maximum shares under new normal course issuer bid (3.9% of outstanding)
Historical Context
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Executives scheduled to present at J.P. Morgan’s 2026 Industrials Conference.
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Second-best January grain movement with over 2.72M metric tonnes shipped.
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2025 financial statements and annual information form made available to investors.
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CEO scheduled to speak at Barclays Industrial Select Conference.
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CFO to present at Citi’s Global Industrial Tech and Mobility Conference.
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, March 05, 2026 (GLOBE NEWSWIRE) -- Montreal, March 5, 2026 – CN (TSX: CNR) (NYSE: CNI) announced today its best February on record for grain movement, shipping more than 2.67 million metric tonnes of grain from Western Canada. Building on its strong start to the year, CN continued to demonstrate its ability to meet heightened seasonal demand during peak grain shipping periods.
As grain volumes typically accelerate through the winter months following harvest, CN continues to proactively position resources and work with its grain customers and supply chain partners to support farmers in efficiently getting Canadian grain to domestic and global markets.
CN Winter Plan
During these final weeks of winter, CN remains focused on executing its winter operations plan across the network. 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:
| Media | Investment Community |
| Ashley Michnowski | Jamie Lockwood |
| Senior Manager | Vice-President |
| Media Relations | Investor Relations and Special Projects |
| (438) 596-4329 | (514) 347-8940 |
| media@cn.ca | investor.relations@cn.ca |
FAQ
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