Canadian dollar Archives - Page 23 of 30

Prairie wheat bids fall as dollar rises

Canadian farmers are starting to lose the exchange rate protection they’ve enjoyed

By Ashley Robinson - MarketsFarm January 4, 2018

Hard red spring wheat bids in Western Canada fell over the holidays, while the Canadian dollar was on an upward swing. Depending on the location, average Canada Western Red Spring (13.5 per cent protein CWRS) wheat prices fell by approximately $3 to $4 per tonne in some areas of Western Canada, according to price quotes

Currency markets, Markets, News, Other

Loonie set to weaken heading into new year

Many factors appear set to weigh in against our dollar in the coming days

By Phil Franz-Warkentin December 15, 2017

The Canadian dollar has seen some wide moves over the past week, but appears to be trending lower relative to its U.S. counterpart heading into 2018, according to a currency analyst. “We see (the Canadian dollar) weaker for the first quarter of this year,” said currency strategist Mark Chandler, of RBC Dominion Securities, pointing to

Crops, Markets

ICE weekly outlook: Canola holds rangebound with bearish StatsCan data

By Dave Sims, GFM Network News December 6, 2017

CNS Canada — Canola contracts on the ICE Futures Canada complex stayed mostly rangebound during the week ended Wednesday, even as sharp fluctuations in the Canadian dollar and a bearish Statistics Canada report impacted the market. StatsCan on Wednesday released its final production estimates of the year, projecting canola production in 2017-18 at 21.3 million

Livestock, Markets

Klassen: Beef demand drives feeder market higher

By GFM Network News, Jerry Klassen November 7, 2017

Compared to last week, Western Canadian yearling prices were $5 higher on average; calves traded $3 to as much as $6 above week ago levels. Strength in fed cattle prices quickly spilled over into the feeder complex, especially on shorter keep replacements. On Friday, Alberta packers were buying fed cattle from $247 to $250 on

Markets

Is a strong loonie a bad thing for Canadian farmers?

There’s no doubt our currency’s fluctuation has effects, but they’re not always well understood

By David Derwin November 1, 2017

From a high of 1.10 to lows of 60 cents per U.S. dollar over the past several decades, the value of the loonie has always had an impact on Canadian farmers. While these fluctuations certainly will influence crop prices we receive here in Canada, what effect does it really have? Is a strong loonie really

Livestock, Markets

Klassen: Feeder cattle market remains firm

By GFM Network News, Jerry Klassen October 31, 2017

Western Canadian yearling markets were trading $3 to as much as $6 above week-ago levels while calf prices were relatively unchanged. The Canadian dollar was under pressure all week, closing Friday at US77.85 cents, the lowest levels since mid-July. At the same time, April live cattle futures made fresh contract highs, reflecting a week-over-week gain

Grain Markets, Markets

Canadian dollar pressures Prairie wheat bids

The loonie rose roughly half a cent over the course of the week

By Ashley Robinson - MarketsFarm October 19, 2017

Hard red spring wheat bids in Western Canada dipped during the week ended Oct. 13, as the Canadian dollar rose due to higher oil prices. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down as much as $3-$4 per tonne across the Prairie provinces, according to

Crops, Markets

ICE weekly outlook: Canola flat, awaiting spark

By GFM Network News, Phil Franz-Warkentin October 4, 2017

CNS Canada — ICE Futures Canada canola contracts held within a narrow $5 range over the past week, lacking any significant fundamental news one way or the other as market participants look for direction. “There’s just no news in the market,” said analyst Wayne Palmer of Agri-Trend. He thought prices would eventually move higher, but

Grain Markets, Markets

Rising loonie cuts into western Canadian wheat bids

Seasonal harvest pressure also drags on cash wheat values

By Phil Franz-Warkentin September 15, 2017

Hard red spring wheat bids in Western Canada continued to trend lower during the week ended Sept. 8, as seasonal harvest pressure and a soaring loonie weighed on values despite gains in the Minneapolis futures. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down by $2-$6 per tonne across the

Crops, Markets

ICE weekly outlook: Harvest pressure set to increase

By Dave Sims, GFM Network News September 13, 2017

CNS Canada — The canola market will likely be tested in coming days as harvest pressure, both north and south of the border, intensifies. While futures enjoyed a bounce upward following a bearish report from the U.S. Department of Agriculture on Tuesday, the technical bias appears to be pointed lower. The front-month November contract at

Daily Network News

U.S. livestock: Cattle, hog futures rise on first WASDE since September

U.S. export sales include only small soybean business to China

U.S. corn and soybean yields revised down by USDA

Tag Archives Canadian dollar

Prairie wheat bids fall as dollar rises

Loonie set to weaken heading into new year

ICE weekly outlook: Canola holds rangebound with bearish StatsCan data

Klassen: Beef demand drives feeder market higher

Is a strong loonie a bad thing for Canadian farmers?

Klassen: Feeder cattle market remains firm

Canadian dollar pressures Prairie wheat bids

ICE weekly outlook: Canola flat, awaiting spark

Rising loonie cuts into western Canadian wheat bids

ICE weekly outlook: Harvest pressure set to increase

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