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CN Reports May Grain Movement

CN (NYSE:CNI) (TSX:CNR) reported a new monthly record in May 2026, moving over 2.96 million metric tonnes of grain from Western Canada, above the 2.54 MMT record set in May 2025.

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CN (NYSE:CNI) (TSX:CNR) reported a new monthly record in May 2026, moving over 2.96 million metric tonnes of grain from Western Canada, above the 2.54 MMT record set in May 2025.

CN cites strong export demand, ample grain supply and efficient network operations, and aims to maintain reliable service into the next crop year.

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Positive

  • May 2026 Western Canada grain movement reached over 2.96 MMT, a new monthly record
  • Volume exceeded prior May 2025 record of 2.54 MMT, showing higher throughput capacity
  • Strong crop year performance trend supported by sustained export demand and ample grain supply
  • Efficient network operations enabled high volumes while maintaining supply chain fluidity
  • CN is positioning its network to support strong performance into the next crop year

Negative

  • None.
Argus Jun 1 session
+0.73% close to close Open Argus
Details

News Market Reaction – CNI

On Jun 1, the day this news came out, CNI closed 0.73% above the previous close.

Data tracked by StockTitan Argus for the Jun 1 session.

Market Context

This announcement highlights CN’s operational strength, with May grain movement from Western Canada ...
Analysis

This announcement highlights CN’s operational strength, with May grain movement from Western Canada reaching a record 2.96 million metric tonnes, above the prior 2.54 million metric tonnes high. It underscores robust export demand and efficient network performance heading into the next crop year. In context of recent infrastructure and partnership news, investors may watch whether these volume trends sustain, how they translate into revenue and margins, and how rail peers’ performance evolves.

Key Figures

May 2026 grain movement: 2.96 million metric tonnes Prior May record: 2.54 million metric tonnes
May 2026 grain movement
2.96 million metric tonnes
Grain moved from Western Canada in May 2026
Prior May record
2.54 million metric tonnes
Previous monthly grain record set in May 2025

Historical Context

5 past events · Latest: May 20
5 events
  1. May 20

    Conference appearance

    24h Move
    +1.6%

    CEO scheduled to speak at Bernstein strategic decisions conference.

  2. May 20

    Infrastructure partnership

    24h Move
    +1.6%

    Partnership to advance ACE Rail Terminal energy infrastructure project.

  3. May 13

    Conference participation

    24h Move
    -0.0%

    CCO to present at Wolfe transportation and industrials conference.

  4. May 11

    Network development

    24h Move
    -0.9%

    Expansion of Certified Rail-Ready Sites and re-certification of U.S. sites.

  5. May 11

    Regulatory comments

    24h Move
    -0.9%

    Comments to STB challenging completeness of UP‑NS amended merger filing.

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.

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MONTREAL, June 01, 2026 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that in May it moved over 2.96 million metric tonnes (MMT) of grain from Western Canada, surpassing the previous monthly record of 2.54 MMT set in May of 2025 and establishing another new monthly record for grain movement. The achievement continues a strong crop year performance trend for CN, driven by sustained export demand, ample grain supply and efficient operations across its network. CN continues to move high volumes through its Canadian export corridors. The Company’s strong network performance has enabled it to meet customer demand while maintaining fluidity across the supply chain.

As the growing season gets underway across Western Canada, CN remains focused on delivering consistent and reliable service to support producers, grain companies and supply chain partners. Through ongoing collaboration with customers and partners, CN is positioning its network to support current shipping needs and maintain strong performance into this next 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:

MediaInvestment Community
Ashley MichnowskiJamie Lockwood
Senior Manager        Vice-President
Media RelationsInvestor Relations and Special Projects
(438) 596-4329(514) 399-0052
media@cn.ca
investor.relations@cn.ca
  

FAQ

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

How much grain did CN (NYSE:CNI) move from Western Canada in May 2026?

CN moved over 2.96 million metric tonnes of grain from Western Canada in May 2026. According to CN, this surpassed the previous monthly record of 2.54 million metric tonnes set in May 2025, highlighting increased grain shipping volumes.

Did CN (CNI) set a new grain movement record in May 2026?

Yes, CN set a new monthly grain movement record in May 2026. According to CN, it moved over 2.96 million metric tonnes from Western Canada, beating the prior May 2025 record of 2.54 million metric tonnes and extending a strong crop year trend.

What factors drove CN’s record May 2026 grain volumes (CNI stock)?

Record May 2026 grain volumes were driven by multiple supply chain factors. According to CN, sustained export demand, ample grain supply, and efficient operations across its network all supported higher shipments and helped maintain fluidity through Canadian export corridors.

How does CN’s May 2026 grain performance compare with May 2025?

CN’s May 2026 grain shipments exceeded its May 2025 performance. According to CN, it moved over 2.96 million metric tonnes versus the previous 2.54 million metric tonne record, marking higher throughput from Western Canada year over year.

What does CN’s May 2026 grain record mean for future crop years?

The May 2026 grain record suggests CN is preparing for strong future demand. According to CN, it is positioning its network through collaboration with producers, grain companies and partners to support current shipping needs and maintain strong performance into the next crop year.

How is CN ensuring reliable grain transportation across Western Canada in 2026?

CN is focusing on consistent and reliable grain transportation service in 2026. According to CN, strong network performance, efficient operations and collaboration with producers, grain companies and supply chain partners help move high volumes while maintaining fluidity through Canadian export corridors.

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