
The Canadian dollar was roughly flat at 1.4205 per US dollar on June 30 after trading between 1.4184 and 1.4247. It was on track for its steepest monthly decline since October 2024, down 2.9% since early June.
Stronger-than-expected Canadian GDP growth came ahead of a US decision not to extend USMCA.
A weaker loonie makes Canadian canola and other exports cheaper in US dollar terms, which can pressure canola meal prices. The USMCA non-extension adds trade uncertainty for feed ingredients moving across North America.
Not enough comparable past events yet for a historical read.
Not 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.