Canadian dollar Archives - Page 26 of 30

Lower loonie helps farmers, but only so much

By Dave Sims, GFM Network News January 27, 2016

CNS Canada — The slumping price of oil continues to weigh on the Canadian dollar, while at the same time providing a boost to Canadian grain prices. Out-of-country buyers tend to more attracted to Canadian grain and wheat when the loonie is low, as they can get more product for their money. However, one market

Crops, Markets

ICE weekly outlook: Canola posts gains as loonie plunges

By Dave Sims, GFM Network News January 20, 2016

CNS Canada — ICE Futures Canada canola contracts advanced during the week ended Wednesday, on the back of currency action that made the commodity more desirable to international buyers. “This Canadian dollar has really helped out exports to China, Japan, Pakistan and Mexico,” said Wayne Palmer of Agri-Trend Marketing in Winnipeg. The loonie continued to

Livestock, Markets

Currency analysts watch for interest rate decision

By GFM Network News, Jade Markus January 19, 2016

CNS Canada — The likelihood of the Bank of Canada cutting interest rates on Wednesday is already priced into the loonie, according to one analyst — but if the bank instead decides to hold rates steady, the beleaguered currency could move higher. The Canadian dollar was trading around US69 cents (US$1=C$1.45) near midday Tuesday, which

Crops, Markets

ICE weekly outlook: Canola stuck in sideways range

By GFM Network News, Phil Franz-Warkentin January 13, 2016

CNS Canada –– ICE Futures Canada canola contracts posted small losses during the week ended Wednesday, but remained rangebound overall. That sideways activity is expected to continue over the next month or so, as large supplies and increased farmer selling, on the one side, is countered by solid end-user demand and the weaker Canadian dollar.

Canadian dollar monthly nearby. (chart as of Dec. 28, 2015)

Crops, Markets

Drozd: Canadian dollar falls to an 11-year low

There are advantages and disadvantages for agriculture

By David Drozd January 8, 2016

The Canadian dollar continues to erode on the heels of falling commodity prices. A year ago, the Canadian dollar was 86 cents against the American dollar. Today it is closer to 72 cents U.S. The weakness in crude oil and gold have contributed to the collapse of the loonie. Canada is a country rich in

Crops, Markets

Loonie’s boost for commodity prices likely limited in 2016

By GFM Network News, Jade Markus December 15, 2015

CNS Canada — The Canadian dollar has been steadily depreciating through 2015, sinking to an 11-year low relative to its U.S. counterpart as the end of the year creeps closer. Even if the loonie stays weak in 2016, however, two analysts expect the upside potential it brings to agricultural commodity markets has mostly run out.

Crops, Markets

ICE weekly outlook: Canola climbs despite harvest pressure

By Dave Sims, GFM Network News September 30, 2015

CNS Canada –– ICE Futures Canada canola contracts finished higher for the week ended Wednesday, posting gains of $9-$10 per tonne despite mounting harvest pressure and large world supplies of vegetable oil. The slumping Canadian dollar, which momentarily reached its lowest point in 11 years during the session, has been a big reason behind canola’s

Crops, Markets

Lower loonie to boost U.S. demand for sunflowers

By GFM Network News, Jade Markus August 14, 2015

CNS Canada — Manitoba sunflowers are looking better than they have in recent years, despite minor pest pressure, in one agronomist’s view — and a lower Canadian dollar could be useful for producers looking to sell. Sunflower prices aren’t seeing a lot of movement right now, but demand is good — and with a lower

Beef cattle, Livestock, Markets

Klassen: Various views on the feeder cattle market

By GFM Network News, Jerry Klassen July 27, 2015

If you talked to three Western Canadian cattle buyers this week, you probably would receive four different views on the market. Certain auction barns were reflecting an average week-over-week decline of $3 to $5 but feature strings of cattle were back up to historical high prices. Early sales in the season are like tryouts at a

Markets

Drozd: Harami alerts producers to impending rally in the Canadian dollar

A harami that occurs at the end of a significant move down in price and time  will have more reliability than any other place on a chart

By David Drozd May 8, 2015

The Canadian dollar has rallied nearly 600 basis points in the past six weeks. This rally may have come as a surprise to some people, but not to those studying candlestick charting. The Japanese are regarded as the true pioneers of candlestick charting. The Japanese method of charting is called candlestick because the individual lines

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

Lower loonie helps farmers, but only so much

ICE weekly outlook: Canola posts gains as loonie plunges

Currency analysts watch for interest rate decision

ICE weekly outlook: Canola stuck in sideways range

Drozd: Canadian dollar falls to an 11-year low

Loonie’s boost for commodity prices likely limited in 2016

ICE weekly outlook: Canola climbs despite harvest pressure

Lower loonie to boost U.S. demand for sunflowers

Klassen: Various views on the feeder cattle market

Drozd: Harami alerts producers to impending rally in the Canadian dollar

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