CPKC ends 2025-2026 crop year setting annual Canadian grain record

Rhea-AI Summary

Canadian Pacific Kansas City (TSX: CP, NYSE: CP) reported a new all‑time record for transporting Canadian grain and grain products in the 2025‑2026 crop year, moving 30.66 million metric tonnes (MMT). This exceeded its 2020‑2021 record by about 72,500 tonnes and was 11% above the prior crop year, 16% above the three‑year average and 20% above the five‑year average.

CPKC also set quarterly records in the first and second quarters of 2026 and monthly records in January, February, April, May and June 2026. According to CPKC, continued investment in its network, assets and operations, alongside customers’ 8,500‑foot‑capable elevators, is enabling more efficient trains and higher throughput. The company said it plans to maintain momentum in 2026‑2027, supported by its 2026‑2027 Grain Service Outlook Report released July 31.

Positive

• Record Canadian grain volume of 30.66 MMT in 2025‑2026 crop year
• New volume record exceeded prior 2020‑2021 record by ~72,500 tonnes
• Total 2025‑2026 grain volume was 11% higher than previous crop year
• Grain volumes were 16% above three‑year and 20% above five‑year averages
• Quarterly grain transport records set in Q1 and Q2 2026
• Multiple monthly grain volume records in Jan, Feb, Apr, May, Jun 2026

Negative

• None.

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CALGARY, AB, Aug. 4, 2026 /PRNewswire/ -- Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) said today it has broken its all-time volume record for transporting Canadian grain and grain products by moving 30.66 million metric tonnes (MMT) during the 2025-2026 crop year. This new record annual volume exceeded the previous record set in the 2020–2021 crop year by approximately 72,500 metric tonnes.  

"Our team of exceptional railroaders reliably delivered the largest Canadian grain crop in history with consistency throughout the crop year," said John Brooks, CPKC Executive Vice President and Chief Marketing Officer. "Our dedication to service excellence, paired with solid execution by our customers and terminal operators, led to a crop year that saw more Canadian grain and grain products move on our network than ever before. This performance illustrates our long-standing commitment to the safe and efficient transportation of Canadian grain."

The total volume transported in the 2025-2026 crop year was 11 percent higher than the previous crop year, 16 percent higher than the three-year average, and 20 percent higher than the five-year average. Throughout the crop year, CPKC set records for Canadian grain transportation in the first and second quarters of 2026. Monthly records were also set in January, February, April, May and June 2026.

"Continued investment across the grain supply chain is unlocking more capacity for Canadian agriculture," said Elizabeth Hucker, CPKC Vice President, Sales & Marketing Bulk. "Our customers' investments in 8,500-foot-capable elevators, combined with CPKC's ongoing investment in our network, assets and operations, are enabling more efficient trains and stronger end-to-end performance. This shared commitment is helping move record amounts of Canadian grain to market safely, reliably and efficiently, while positioning the supply chain for continued growth."

Looking ahead to 2026–2027, CPKC is prepared to maintain this momentum by continuing to leverage the strength of CPKC's powerful North American network in service of our customers as we offer expanded route options and market access for Canada's grain shippers.

On July 31, CPKC released its 2026-2027 Grain Service Outlook Report, outlining how it plans to provide grain customers industry-leading safe and reliable service throughout the upcoming crop year. The report is available on www.cpkcr.com

About CPKC
With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing approximately 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit cpkcr.com to learn more about the rail advantages of CPKC. CP-IR

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SOURCE CPKC

FAQ

What grain volume record did CPKC (CP) set for the 2025-2026 Canadian crop year?

CPKC moved a record 30.66 million metric tonnes of Canadian grain and grain products in the 2025‑2026 crop year. According to CPKC, this surpassed its previous all‑time record from 2020‑2021 by about 72,500 tonnes, reflecting stronger network utilization.

How does CPKC's 2025-2026 Canadian grain volume compare to previous years for CP stock investors?

CPKC reported 2025‑2026 grain volumes were 11% higher than the prior crop year. According to CPKC, volumes were also 16% above the three‑year average and 20% above the five‑year average, indicating sustained growth relative to recent history.

Which months and quarters in 2026 were record-setting for CPKC's Canadian grain transportation?

CPKC set Canadian grain transportation records in the first and second quarters of 2026. According to CPKC, additional monthly records were achieved in January, February, April, May and June 2026, demonstrating consistently high grain movement through the first half of the year.

What factors enabled CPKC to reach record Canadian grain volumes in 2025-2026?

CPKC cited strong execution by its railroaders, customers and terminal operators as key factors. According to CPKC, ongoing investments in its network, assets and operations, combined with customers’ 8,500‑foot‑capable elevators, enabled more efficient trains and higher end‑to‑end performance.

How is CPKC preparing its grain network for the 2026-2027 crop year?

CPKC plans to maintain momentum in 2026‑2027 by leveraging its North American network to offer expanded routes and market access. According to CPKC, its 2026‑2027 Grain Service Outlook Report, released July 31, outlines plans for safe, reliable grain service.

Where can investors find CPKC’s 2026-2027 Grain Service Outlook Report for CP?

The 2026‑2027 Grain Service Outlook Report is available on www.cpkcr.com. According to CPKC, the report details how the company intends to provide industry‑leading, safe and reliable service for grain customers throughout the upcoming 2026‑2027 crop year.