By Commodity News Service Canada
WINNIPEG, June 7 (CNS) – The Canadian dollar fell in value
Thursday, dragged down by trade uncertainty ahead of the G7
leaders meeting in Quebec.
The Canadian dollar settled Thursday at US$0.7709 or
C$1.2972, compared to Wednesday’s North American close of
US$0.7744 or C$1.2913.
Oil prices rose Thursday, supported by concern about a
steep drop in exports from Venezuela and worries the
Organization of the Petroleum Exporting Countries may not raise
production at its meeting this month. Brent crude gained US$1.96
per barrel to settle at US$77.32 per barrel.
In Toronto, the TSX/S&P Composite rose Thursday, supported
by gains in the price of oil. The TSX/S&P added 8.85 points, or
0.05 per cent, to 16,192.78.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.24 at $ 15.70
Buhler Industries————up $ 0.28 at $ 3.88
Maple Leaf Foods————-dn $ 0.71 at $ 30.18
Nutrien Ltd.—————–dn $ 1.00 at $ 68.18
(All figures are in Canadian dollars.)
