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Tag Archives Canadian dollar

Cereals, Livestock

Canadian Dollar Hurts Hog Outlook

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U. S. hog prices are expected to show some improvement over the next year, but that strength won’t be felt in Canada where foreign exchange rates will continue to hamper the industry, said market analyst Steve Dziver, of Phoenix Agri-Tec Inc. in a presentation at the Canadian Wheat Board’s annual Grain World conference in Winnipeg,
News

Canadian Dollar Fails To Reach Par

The Canadian dollar was supposed to go par. At least this was the hype when the market peaked at .9798 on Oct. 15, 2009. When a commodity makes the headlines of major newspapers and magazines, it is often a telltale sign that it is near the end of the rally. When most consumers know that
Cereals, Grain Markets, Oilseeds

Washington Is Supporting Your Canola

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For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Gr a i n and oilseed prices at ICE Futures Canada in Winnipeg closed the week ended Nov. 20 higher, with canola seeing moderate gains. Strength in the U. S. soy complex, friendly technical signals, a weaker Canadian dollar
Hogs, Livestock

Canadian Hog-Farming Veterans Selling Out

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Canada’s hog industry faces its biggest crisis in 60 years, forcing many farmers to cut their losses by selling their herds – if they can sell them at all. The industry is reeling from high feed prices, a buoyant Canadian dollar, smaller exports to the United States and a disastrous association with the H1N1 flu
Livestock

Glen Nicoll’s Manitoba Roundup – for Apr. 9, 2009

GLEN NICOLL Th o s e reefer trucks hauling Canadian beef into the U. S. shouldn’t have too much trouble finding a back-haul beyond the usual loads of fresh produce, although the drought in California will be cutting the West Coast production. So far this year there has been 162,117 thousand tonnes of American beef
Livestock

Glen Nicoll – for Mar. 26, 2009

Considering that BSE broke more than five years ago, the Canadian beef cow herd contraction has only sizably shown up in the last few years with 2008 showing the largest shrinkage at six per cent. The 2.5 million cows of ’03 ballooned to 5.6 million by the next year. We have been right around five
Beef cattle, Livestock Markets

Weak dollar helps meat exports

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Canada’s exports of pork and beef have been helped by the devaluation of the Canadian dollar, but the recent implementation of the U. S. government’s country-of-origin labelling law, or COOL, has negated some of the benefits, according to industry participants. “Canada’s pork and beef producers get paid in Canadian dollars and because all of the
News

Further weakening seen for loonie

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The Canadian dollar, which has already taken a beating in the past month, is likely to see further downside before stability returns to foreign exchange markets. Barring a major reversal in investor sentiment, the Canadian dollar is on course to see its biggest monthly decline since at least 1950, market watchers say. On Oct. 28,
Livestock Markets

Hog sector holding up in face of financial crisis

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The financial uncertainty gripping the international markets could also take its toll on the Canadian hog sector, according to market sources, who noted that prices have declined over the past month. However, lower feed grain costs and a weaker Canadian dollar are helping boost the profitability of hog producers in the short term. Brad Marceniuk,

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