# CP talks said stagnating as strike deadline looms - AgCanada

> Reuters reported that the Teamsters Canada Rail Conference said talks with Canadian Pacific had not progressed ahead of a Saturday strike deadline. The Ag Transport Coalition said CP had begun a structured shutdown of its Canadian rail operations. The International Brotherhood of Electrical Workers also planned to walk off the job.

- Date: 2018-04-20 · published 2018-04-20T12:00:00.000Z
- Category: logistics · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/65530-cp-talks-said-stagnating-as-strike-deadline-looms-agcanada
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A strike would block potash, crude and grain shipments on a rail network already congested, pushing up shipping costs and delaying grain sales. Market concern about the stoppage weighed on Canadian crude prices.

## Read by commodity

- WTI: bearish ▼
- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2017-08-31 | [Gas spikes as largest US refinery reportedly offline up to 2 weeks](https://feedsoft.ai/events/69603-gas-spikes-as-largest-us-refinery-reportedly-offline-up-to-2-weeks.md) | +6.8% | +12.3% |
| WTI | 2021-03-26 | [Ringgit falls as oil slumps due to Suez Canal blockage](https://feedsoft.ai/events/48388-ringgit-falls-as-oil-slumps-due-to-suez-canal-blockage.md) | +5.0% | +6.3% |
| WTI | 2020-03-26 | [U.S. ethanol plants cutting output due to crashing demand](https://feedsoft.ai/events/54131-u-s-ethanol-plants-cutting-output-due-to-crashing-demand.md) | -7.5% | -25.7% |
| WTI | 2017-08-31 | [US oil set for biggest monthly loss in over a year as floods hit demand](https://feedsoft.ai/events/69602-us-oil-set-for-biggest-monthly-loss-in-over-a-year-as-floods-hit-demand.md) | +6.8% | +12.3% |
| WTI | 2026-09-16 | [WTI falls near $100 as Saudi adds Oman route, US stocks surge — Octa](https://feedsoft.ai/events/17632-wti-falls-near-100-as-saudi-adds-oman-route-us-stocks-surge-octa.md) | -10.2% | -10.9% |
| WHEAT | 2025-11-14 | [Cargo Delays Loom as Canada Strike Threat Resurfaces](https://feedsoft.ai/events/21977-cargo-delays-loom-as-canada-strike-threat-resurfaces.md) | +1.4% | +1.0% |
| WHEAT | 2024-07-08 | [Cargo chaos looms as strikes threaten Canada's ports and rail networks - The Loadstar](https://feedsoft.ai/events/29279-cargo-chaos-looms-as-strikes-threaten-canada-s-ports-and-rail-networks-the.md) | +8.2% | +1.0% |
| WHEAT | 2023-04-27 | [Canada: Agriculture concerned as strike continues](https://feedsoft.ai/events/36425-canada-agriculture-concerned-as-strike-continues.md) | +1.1% | -2.6% |

## Sources

- agcanada.com: https://www.agcanada.com/daily/cp-talks-said-stagnating-as-strike-deadline-looms

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