Canada, the largest country by area after Russia, depends heavily on rail to move commodities and manufactured goods to port. With 75% of all fertilizer in Canada moved by rail, the farm sector will feel the heat, industry body Fertilizer Canada said. The agricultural sector is already facing shortages and higher prices due to Western economic sanctions on Russia and Belarus, two major fertilizer producers.
“The main issue is the short window to get farmers the fertilizer they need for their crops. We are 4-6 weeks away from seeding in Canada and even sooner in the U.S.,” President and CEO Fertilizer Canada Karen Proud said.
The impact of the strike could be felt south of the border as CP’s rail network runs as far south as Kansas City in the United States.
“A CP work stoppage will bring additional uncertainty to fertilizer markets in the U.S.,” Corey Rosenbusch, the Fertilizer Institute president and CEO said, adding the…
