# CPKC says possible Canada rail strike unlikely before mid-July | Reuters

> Canadian Pacific Kansas City said talks with the Teamsters Rail Conference union have hit a snag, but a possible Canadian rail strike is unlikely before mid-July. A work stoppage could hit exports of wheat, canola, potash and coal.

- Date: 2024-05-23 · published 2024-05-23T12:00:00.000Z
- Category: logistics · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/30268-cpkc-says-possible-canada-rail-strike-unlikely-before-mid-july-reuters
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A strike threat keeps freight and export logistics risk elevated for Canadian grain and oilseed shipments, which can add a small risk premium to wheat and canola. A delayed timeline eases the near-term pressure.

## Read by commodity

- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-01-31 | [CN conductors approve post-strike deal - AgCanada](https://feedsoft.ai/events/54613-cn-conductors-approve-post-strike-deal-agcanada.md) | -0.2% | +2.9% |
| WHEAT | 2021-03-09 | [Railways to blame for terminal shortages, WGEA says - AgCanada](https://feedsoft.ai/events/48136-railways-to-blame-for-terminal-shortages-wgea-says-agcanada.md) | -0.2% | -0.4% |
| WHEAT | 2019-07-15 | [Romanian union says strike averted at ADM Constanta grain silos \| Financial Post](https://feedsoft.ai/events/58106-romanian-union-says-strike-averted-at-adm-constanta-grain-silos-financial-post.md) | -0.5% | -3.1% |
| WHEAT | 2023-07-21 | [EXCLUSIVE: Romanian port can ship more Ukraine grain after collapse of Black Sea deal \| Reuters](https://feedsoft.ai/events/14375-exclusive-romanian-port-can-ship-more-ukraine-grain-after-collapse-of-black-sea.md) | -0.9% | -1.5% |
| WHEAT | 2022-03-22 | [Canada's CP Rail to resume operations after arbitration agreement](https://feedsoft.ai/events/42313-canada-s-cp-rail-to-resume-operations-after-arbitration-agreement.md) | +2.0% | -9.1% |

## Sources

- reuters.com: https://www.reuters.com/world/americas/cpkc-says-possible-canada-rail-strike-unlikely-before-mid-july-2024-05-23/

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