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The Canadian dollar fell to a nine-day low against the US dollar on Friday. Investors were unimpressed by strong Canadian Q2 GDP growth of 3.3% annualized, after the US imposed new 50% tariffs on $20 billion of Canadian imports.
Fed Chair Kevin Warsh's hawkish Jackson Hole remarks also lifted the dollar.
A weaker loonie and firmer US dollar raise the cost of US-sourced feed ingredients for Canadian buyers. Tariff escalation adds trade-friction risk to bilateral agricultural flows.
brecorder.comReutersAug 31, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
