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The Canadian dollar gained 0.4% against the US dollar to touch an 11-day high near 1.3626 on Feb 27. The move came despite Canada's fourth-quarter GDP contracting 0.6% on an annualized basis, as broad US dollar weakness offset the weak data.
A firmer loonie makes Canadian-origin feed inputs and canola products cheaper for US buyers and slightly raises the cost of exports priced in USD, a minor factor for feed prices.
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.