# Canada rail strike to affect grains, industry says | Latest Market News

> Grain Growers of Canada warned that a strike at Canadian National and Canadian Pacific Kansas City could significantly disrupt the country's grain market. Teamsters rail workers authorised a strike, and the parties entered mandatory mediation with a possible action date of 22 May. The group said 94% of Canadian grain moves to ports by rail.

- Date: 2024-03-25 · published 2024-03-25T12:00:00.000Z
- Category: logistics · region Canada · magnitude high
- Page: https://feedsoft.ai/events/31233-canada-rail-strike-to-affect-grains-industry-says-latest-market-news
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

A rail stoppage would limit grain movement to export terminals and could push buyers toward US Hard Red Spring wheat, supporting wheat prices and reducing Canadian export share.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-03-25 | [Canadian rail workers vote to launch strike: Correction \| Latest Market News](https://feedsoft.ai/events/31236-canadian-rail-workers-vote-to-launch-strike-correction-latest-market-news.md) | -0.6% | +1.9% |
| WHEAT | 2024-08-23 | [Rail work stoppage 'devastating to the grain industry,' says Western Canada ag sector advocate \| CBC News](https://feedsoft.ai/events/28825-rail-work-stoppage-devastating-to-the-grain-industry-says-western-canada-ag.md) | -0.2% | +2.8% |
| 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 | 2024-03-25 | [Strike concerns curb Canadian wheat exports \| Latest Market News](https://feedsoft.ai/events/31234-strike-concerns-curb-canadian-wheat-exports-latest-market-news.md) | -0.6% | +1.9% |
| WHEAT | 2024-07-24 | [How a Canada railroad workers’ strike could affect supply chains \| Supply Chain Dive](https://feedsoft.ai/events/29273-how-a-canada-railroad-workers-strike-could-affect-supply-chains-supply-chain.md) | -5.2% | -6.5% |
| KWHEAT | 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) | -2.5% | +1.2% |
| KWHEAT | 2023-04-26 | [Wheat farmers ask Canada to step in as strike threatens exports \| Air Freight News](https://feedsoft.ai/events/36423-wheat-farmers-ask-canada-to-step-in-as-strike-threatens-exports-air-freight-news.md) | -5.7% | +2.8% |
| KWHEAT | 2022-05-01 | [Grain industry continues to face logistical challenges](https://feedsoft.ai/events/41308-grain-industry-continues-to-face-logistical-challenges.md) | +5.9% | +12.9% |

## Sources

- argusmedia.com: https://www.argusmedia.com/en/news-and-insights/latest-market-news/2564913-canada-rail-strike-to-affect-grains-industry-says

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