Canadian dollar Archives - Page 27 of 30

All crops not equal in face of weakening dollar

CNS Canada –– With the Canadian dollar falling to its weakest levels relative to its U.S. counterpart in six years, the general sentiment holds it should be good news for exporters, such as Canadian grain farmers. However, any net benefit may depend on what exactly is being exported and who is doing the buying, according

Crops, Markets

ICE weekly outlook: Canola spikes as loonie falls

By Dave Sims, GFM Network News January 21, 2015

CNS Canada — ICE Futures Canada canola contracts finished higher for the week ended Wednesday, tracking the U.S. soy complex for much of the period but ultimately shooting higher due to the Canadian dollar’s sudden free-fall. The weaker currency helped improve domestic crush margins and also made canola more attractive to exporters pricing in U.S.

Crops, Markets

Feed barley values seen ‘popping’ in January

By Dave Sims, GFM Network News January 8, 2015

CNS Canada –– Western Canadian feed barley prices remained firm to start the year, with bids having enjoyed a gradual rise from the $190 per tonne range in late November to the current level of $210 per tonne. “Bids have firmed up, not surprisingly it’s kind of popping in January,” said Allen Pirness, a trader

Canadian dollar monthly nearby: Chart as of Dec. 12, 2014.

Market news, Markets

Canadian dollar continues to trend lower, slipping to a 5-1/2-year low

A lower Canadian dollar makes our exports more competitive but it increases the cost of imports

By David Drozd January 1, 2015

The Canadian dollar has been trending lower for the past three years. As recently as December 2012, it was trading at par to the U.S. dollar. Last year at this time it was worth 94 cents to the U.S. dollar and this year it is down to 86 cents. Canada is a resource-based country and

Cereals, Markets

CWB Expects Higher Returns For Canola, Wheat And Durum

By GFM Network News, MarketsFarm Team November 6, 2014

CNS – CWB, formerly known as the Canadian Wheat Board, has raised Pool Return Outlooks (PROs) for durum, wheat and canola in its latest report. They noted it is a special mid-term outlook, due to market changes since the previous report released on October 23. PROs were higher for all three crops due to the weaker

Crops, Grain Markets

Loonie forecast to hold its own against U.S. greenback

By Dwayne Klassen April 26, 2013

The loonie will likely continue to weaken against the U.S. dollar, but should stay close to parity in medium to longer term, says ScotiaBank’s chief currency strategist. “The path of least resistance for the Canadian dollar in the near term is weaker,” said Camilla Sutton. However, lower global growth along with the less hawkish stance

News

Canadian dollar won’t move above parity any time soon

By Terryn Shiells March 16, 2013

The Canadian dollar has seen significant declines compared to its U.S. counterpart in recent weeks, and isn’t expected to climb back above parity any time soon, according to currency analysts. The Canadian dollar has continued to move further and further below parity with the U.S. dollar, closing at US98.16 cents on Feb. 21. Although the

Crops, News

Analyst predicts loonie to stay strong but not soar in 2013

By Dwayne Klassen January 17, 2013

The Canadian dollar should stay strong and level in the coming year, predicts a Toronto-based currency analyst. The loonie may see a slight rise in the coming weeks before levelling off, says Camilla Sutton, a currency strategist with Scotia Capital. “While the currency markets have been driven recently by the fiscal cliff situation in the

News

Analyst says loonie to stay below par in short term

By Terryn Shiells November 21, 2012

Recent softness in the Canadian dollar is expected to remain until the new year, according to a currency analyst with RBC Capital Markets. The loonie has slipped since the U.S. presidential election on Nov. 6, largely because fears Washington will go over the so-called “fiscal cliff,” said analyst George Davis. The fiscal cliff refers to

News

Canadian dollar flirts with U.S. parity

By Ryan Kessler August 21, 2012

The Canadian dollar has reached parity with its U.S. counterpart because of the Bank of Canada’s commitment to a tightening bias. Despite struggling economies in the U.S. and the euro zone, the Canadian dollar will likely hover around the parity mark for the remainder of the year, according to one analyst. “The Bank of Canada

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

All crops not equal in face of weakening dollar

ICE weekly outlook: Canola spikes as loonie falls

Feed barley values seen ‘popping’ in January

Canadian dollar continues to trend lower, slipping to a 5-1/2-year low

CWB Expects Higher Returns For Canola, Wheat And Durum

Loonie forecast to hold its own against U.S. greenback

Canadian dollar won’t move above parity any time soon

Analyst predicts loonie to stay strong but not soar in 2013

Analyst says loonie to stay below par in short term

Canadian dollar flirts with U.S. parity

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