May 04, 2018

CN Meeting Grain Car Order Demand

Company is now seeking additional export orders

Canadian National Railway (CN) announces it has met all grain orders in western Canada for the third consecutive week and is now seeking additional export orders from grain companies.

"The decisive action we took in March to deploy more crews and locomotives has led to dramatic improvements in the movement of Western Canadian grain,” says Doug MacDonald, vice president of bulk at CN. “We’ve met all of our car orders for the last three weeks and spotted more than 5,500 cars every week since early March. Sustained sequential improvement across our network in the last two months is enabling us to solicit more orders from grain companies.”

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Magazine

Marketwatch: Jun, 26

US Corn Price Idx:ZCPAUS.CM

open: 7.4421
high: 7.6444
low: 7.4346
close: 7.542

US Soybean Price Idx:ZSPAUS.CM

open: 15.4141
high: 15.6298
low: 15.3573
close: 15.5279

US Hard Red Winter Wheat Price Idx:KEPAUS.CM

open: 9.6294
high: 9.7673
low: 9.465
close: 9.4735

US Soft Red Winter Wheat Price Idx:ZWPAUS.CM

open: 8.9846
high: 8.9946
low: 8.6368
close: 8.6608