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USD/CAD traded near 1.4045 after recovering from a two-week low, despite Canada reporting 0.3% economic growth in May. Markets priced about a 65% chance of a 25-basis-point Fed hike in September after the Fed kept rates at 3.5%-3.75% with three dissenters favoring a hike.
Expectations of a hawkish Fed keep the US dollar firm against the loonie, which raises import costs for Canadian feed buyers. The move is a currency effect rather than a direct change in feed supply.
octabroker.comJul 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.
