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CP Rail Sets Record For First Quarter Grain Movement

CP Rail set a record during this year's first quarter for movement of Canadian grain and grain products, with more than 6.35 million metric tonnes moved.
 
The 2020 result broke the company's previous first-quarter record, set in 2016, by 300,000 metric tonnes.
 
CP's investment in high-capacity hopper cars will see 5,900 new cars added to the railway's grain shipping fleet. The new hopper cars can carry 10 percent more volume and 15 percent more weight compared to the older cars they are replacing.
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Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.