canadian dollar

Canadian dollar outlook

Market Talk with Jerry Klassen

The Canadian dollar has been trading near 52-week lows, supporting fed and feeder cattle prices. Canadian year-to-date feeder cattle exports to the U.S. for the week ending November 10 were 175,122 head, up a whopping 59 per cent over year-ago levels. While fed cattle exports to the U.S. are running 19 per cent below last […] Read more






Canadian dollar outlook

Canadian dollar outlook

Market Talk with Jerry Klassen

The Canadian dollar experienced a sharp rally from May through September as the Bank of Canada implemented a tighter monetary policy. This was somewhat negative for fed and feeder cattle prices. However, since early September, the Canadian dollar has deteriorated and I’ve received many inquiries over the past few weeks with regard to future market […] Read more


(Country Guide file photo)

Currency analysts watch for interest rate decision

CNS Canada — The likelihood of the Bank of Canada cutting interest rates on Wednesday is already priced into the loonie, according to one analyst — but if the bank instead decides to hold rates steady, the beleaguered currency could move higher. The Canadian dollar was trading around US69 cents (US$1=C$1.45) near midday Tuesday, which […] Read more

(Dave Bedard photo)

Cheaper crude clouds Canada’s economic fortunes

While dropping oil prices have boosted the U.S. economy, how the price slump will affect the outlook north of the border remains a question mark from where Canada’s largest lender sits. “In Canada, it’s a little bit less clear-cut. And the reason is our energy sector is much larger as a share of the overall […] Read more


(Dave Bedard photo)

ICE weekly outlook: Canola spikes as loonie falls

CNS Canada — ICE Futures Canada canola contracts finished higher for the week ended Wednesday, tracking the U.S. soy complex for much of the period but ultimately shooting higher due to the Canadian dollar’s sudden free-fall. The weaker currency helped improve domestic crush margins and also made canola more attractive to exporters pricing in U.S. […] Read more