By Commodity News Service Canada
WINNIPEG, Oct. 31 (CNS) – The Canadian dollar closed lower
Wednesday continuing its downward drop.
The Canadian dollar settled Wednesday at US$0.7609 or
C$1.3142, compared to Friday’s North American close of US$0.7614
or C$1.3133.
Oil prices were down Wednesday, posting the worst monthly
performance since mid-2016 over evidence of rising global crude
supply. Brent crude lost 44 U.S. cents to settle at US$75.47 per
barrel. United States West Texas Intermediate crude fell 87 U.S.
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Gold prices fell Wednesday, hitting three week lows as the
stock market rebounded. Spot gold lost 0.8 per cent to
US$1,211.52 per ounce. U.S. gold futures dropped 0.8 per cent to
US$1,215.00 per ounce.
In Toronto, the S&P/TSX Composite closed higher Wednesday.
It rose 32.78 points, or 0.89 percent, to 15,027.28. However, it
still suffered its worst monthly performance since September
2011.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients———dn $ 0.18 at $ 17.54
Buhler Industries—————-unchanged at $ 3.68
Linamar Crop.——————–up $ 1.18 at $ 54.51
Maple Leaf Foods—————–up $ 0.05 at $ 29.94
Nutrien Ltd.———————up $ 1.71 at $ 69.69
Ritchie Bros Auctioneers Inc.—-up $ 0.95 at $ 44.28
Rocky Mountain Dealerships Inc.–up $ 0.46 at $ 10.20
(All figures are in Canadian dollars.)
