Hogs Profitable Again, But Producer Debt Still Huge

Manitoba hog producers face a long, steep road to financial recovery despite a recent return to profitable prices. A recent market rebound means producers can expect profitable margins this spring and into summer, according to h@ms Marketing Services Co-op. But producers remain saddled with crippling debt loads accumulated during three years of depressed markets that

Canadian Dollar To Gain Strength: Analyst

After surging above parity late in 2010, the Canadian dollar has been trading in a fairly narrow range during the first 40 days of this year. However, Scotia McLeod’s senior economist says the loonie still has a bullish future. Andrew Pyle is forecasting the dollar will hit US$1.05 by the middle of the year. “We


Canadian Dollar Heading Back To Parity

The Canadian dollar is back within a cent of parity with its U.S. counterpart after seeing some choppy activity in recent weeks. The currency is expected to hold near parity, and likely move above the level, through 2011, according to an analyst. In the third quarter of 2010 the Canadian dollar was under-performing other international

Canada Hog Herd Falls To Smallest In 13 Years

Canadian farmers cut back their hog herds to the smallest size in 13 years as of Oct. 1, as high feed costs and an unfavourably strong Canadian dollar puts many of them out of business. The hog inventory on Canadian farms slipped 0.8 per cent to 11.9 million head in the third quarter from a


Canadian Dollar Gaining Strength

The Canadian dollar has been gaining strength over the past month, and a number of analysts believe it will continue its bullish pattern for the final quarter of 2010. After reaching a six-week low on August 31, the Canadian currency has risen by 5.5 per cent. Andrew Pyle, wealth adviser with Scotia McLeod in Peterborough,

Dollar Seen Softer In Coming Months – for Sep. 9, 2010

The Canadian dollar rallied sharply on Sept. 1 in response to a renewed appetite for risk in the global financial markets. But a generally softer tone is more likely over the next several months given the general economic uncertainty still pervading the globe, according to a currency analyst. Matthew Strauss, senior currency strategist with RBC



Canadian Dollar Weakens

The Canadian dollar is unlikely to make another move towards parity with its U. S. counterpart anytime soon, and will more likely see some weakness heading through the summer, according to a currency analyst. “We remain, both from a fundamental and from a technical perspective, bearish on the Canadian dollar going forward,” said Matthew Strauss,


More Strength In Store For Canadian Dollar

The Canadian dollar moved back above parity with its U. S. counterpart on April 20, and appears poised to see further strength, according to a currency analyst. After hitting parity earlier in the month, retreating, and then bouncing back to parity with the U. S. dollar following comments from the Bank of Canada, the Canadian

Canadian Dollar Moves Towards U. S. Parity

The Canadian dollar has been slowly strengthening towards parity with the U. S. currency and could soon top it. The Canadian dollar has been finding regular support from global investors who see Canada’s economy as one of the stronger ones in the Group of Seven nations, George Davis, chief technical currency analyst for RBC Capital