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CN Rail reported a record April grain movement of 2.73 million tons to ports, slightly above its previous April record. Its crop-year-to-date volume of 20.7 million tons is slightly below last year's pace.
Efficient rail movement supports Canadian grain exports and modestly eases port bottlenecks, with limited direct price impact on feed markets.
620ckrm.comHarvard MediaMay 13, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
