Canadian Pacific Kansas City Sets New June Grain Record on Bumper Crop Backlog
By Adriano Marchese
Canadian Pacific Kansas City set a new monthly record for grain shipments in June thanks to a massive backlog from a bumper 2025 harvest.
The Canadian railroad on Tuesday said that it transported 2.8 million metric tons of Canadian grain and grain products last month, beating its previous record set in June of 2020
Canadian Pacific also set a record for tonnage and carloads in April, May and June, beating previous highs also set in June 2020.
The success isn't just in Canada. Canadian Pacific said that its American network had its best June since 2022 and a strong overall second quarter.
Canadian Pacific wasn't the only railroad to enjoy a strong June month for grain delivers. Last week, Canadian National Railway also reported its strongest June since 2020, moving 2.67 million tons.
According to Statistics Canada, Canada is experiencing a backlog of grain from a bumper 2025 harvest, which left mid-season inventories bulging across Western Canada.
Total stocks of principal field crops are up 15.4% year-over-year and 19.3% above the five-year average, largely due to a record-breaking harvest from the 2025-2026 crop year.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
July 07, 2026 09:39 ET (13:39 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
4 Stocks to Buy Before They Rise Further
2 Undervalued Stocks to Buy Before They Rebound
The 10 Best Dividend Stocks
12 Best Blue-Chip Stocks to Buy for the Long Term
