Loonie Archives - Manitoba Co-operator

Trump tariffs would weaken loonie, then U.S. dollar

Canadian government missing in action

By Glen Hallick - MarketsFarm January 16, 2025

With Donald Trump set to become President of the United States on Jan. 20, uncertainty continues to swirl about his threat to impose a 25 per cent tariff on all goods the U.S. imports from Canada and Mexico as early as that Monday. Should Trump press ahead with his levies, the Canadian dollar would be caught up in the collateral damage.

Crops, Markets

Feed weekly outlook: Little to change for Prairie prices

By GFM Network News, Glen Hallick - MarketsFarm February 7, 2019

As feedlots reduce their cattle numbers, demand for feed grains has declined on the Canadian Prairies, according to Market Place Commodities trader Allen Pirness at Lethbridge. “It’s a pretty calm time of year. The feedlots are shipping a lot of fat cattle more than they are replacing. Their grain consumption drops off a little bit

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

Crops, Markets

Farmers to deal with stronger loonie for rest of 2017

By GFM Network News, Terry Fries September 7, 2017

CNS Canada — Higher interest rates and a stronger Canadian dollar relative to U.S. currency is giving Canadian farmers a double whammy. According to Farm Credit Canada’s chief agricultural economist, it’s also a situation farmers will likely have to deal with for at least the remainder of the year. J.P. Gervais said he thinks farmers

Markets

Canola traders consider stress on crops from heat

By Dave Sims July 18, 2017

ICE Futures Canada canola futures have officially entered what one analyst calls “the silly season weather market.” Futures went through the proverbial roof the week of July 3 on concerns that a Prairie heat wave would stress the crop during its critical flowering period. The dominant November contract climbed $19.30, to hit $517.30 by that

Crops, Markets

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

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, 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

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

Daily Network News

U.S. livestock: Cattle rebound on technical buying

U.S. grains: Soybeans fall as rapid harvest overshadows China trade hopes

Good weather pushes Alberta harvest along

Tag Archives Loonie

Trump tariffs would weaken loonie, then U.S. dollar

Feed weekly outlook: Little to change for Prairie prices

Is a strong loonie a bad thing for Canadian farmers?

Farmers to deal with stronger loonie for rest of 2017

Canola traders consider stress on crops from heat

Lower loonie helps farmers, but only so much

Loonie’s boost for commodity prices likely limited in 2016

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

Analyst predicts loonie to stay strong but not soar in 2013

Analyst says loonie to stay below par in short term

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