Canadian dollar forecast

Canadian dollar forecast

Market Talk with Jerry Klassen

During March 2020, the Canadian dollar dipped to a four-year low, near 68 U.S. cents, at the onset of the COVID recession. Central banks across the world responded with an aggressive monetary policy to stimulate the economy. The U.S. Federal Reserve and the Bank of Canada dropped their interest rate to historical lows. The two […] Read more

CBOT May 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn, soy, wheat book multi-month lows

Financial markets continue to drag commodities lower

Chicago | Reuters — U.S. grain and soybean futures sank to multi-month lows on Monday on worries about the coronavirus pandemic denting the global economy and chilling end-user demand for commodities, traders said. “The fear is still that it will only get worse as the week unfolds,” said Mark Schultz, chief analyst at Northstar Commodity […] Read more



CBOT May 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn, soy, wheat slide with financial markets

Drop in oil prices adds pressure on corn

Chicago | Reuters — U.S. grain and soybean futures fell on Friday as the spread of the new coronavirus triggered broad selling in commodities and equities. Wall Street tumbled as fears of economic damage intensified with the global tally of cases crossing 100,000. Financial markets view the virus, which causes a flu-like illness, as the […] Read more


What to do about wacky cattle markets?

What to do about wacky cattle markets?

Prime Cuts with Steve Kay, from the June 2016 issue of Canadian Cattlemen

Markets crave stability and predictability. But the opposite occurred during 2015 in the U.S. cattle markets. In fact, last September’s shocking collapse in live cattle cash and futures prices (which I outlined in my October 26, 2015 column) capped a year when the futures’ volatility and irrationality caused huge financial damage to producers and packers. […] Read more