# Rail work stoppage 'devastating to the grain industry,' says Western Canada ag sector advocate | CBC News

> Western Canadian Grain Elevator Association executive director Wade Sobkowich called the double railway stoppage devastating for the grain industry. CN and CPKC locked out about 9,300 engineers, conductors and yard workers on Thursday, while CPKC's 3,500 workers began a strike. The grain industry moves roughly $50 million a day, and the disruption is mounting daily.

- Date: 2024-08-23 · published 2024-08-23T12:00:00.000Z
- Category: logistics · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/28825-rail-work-stoppage-devastating-to-the-grain-industry-says-western-canada-ag
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

With harvest at peak elevator intake, stranded grain at elevators and backlogged rail shipments reduce available export supply and widen Canadian basis discounts. This supports higher prices for competing origins.

## Read by commodity

- WHEAT: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-03-25 | [Canada rail strike to affect grains, industry says \| Latest Market News](https://feedsoft.ai/events/31233-canada-rail-strike-to-affect-grains-industry-says-latest-market-news.md) | -0.6% | +1.9% |
| WHEAT | 2018-04-19 | [CP Rail strike could be devastating for Western Canadian farmers](https://feedsoft.ai/events/65532-cp-rail-strike-could-be-devastating-for-western-canadian-farmers.md) | +0.3% | -1.2% |
| WHEAT | 2024-03-25 | [Work stoppage begins at Canadian railroads \| Latest Market News](https://feedsoft.ai/events/31235-work-stoppage-begins-at-canadian-railroads-latest-market-news.md) | -0.6% | +1.9% |
| WHEAT | 2020-03-10 | [Rail blockades created huge tab for Canadian grain producers, industry says - FreightWaves](https://feedsoft.ai/events/54139-rail-blockades-created-huge-tab-for-canadian-grain-producers-industry-says.md) | -4.8% | -5.7% |
| WHEAT | 2017-04-27 | [Pacific National industrial action costing Victorian grains sector millions \| The Border Mail \| Wodonga, VIC](https://feedsoft.ai/events/71506-pacific-national-industrial-action-costing-victorian-grains-sector-millions-the.md) | +3.4% | +1.8% |

## Sources

- cbc.ca: https://www.cbc.ca/news/canada/manitoba/railway-lockout-strike-confidence-damaged-manitoba-1.7303328

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.