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The loonie edged higher on Feb 25 as traders waited for Canada's Q4 GDP release and early Canada-US trade talks. Softer oil prices and steady long-term yields kept the currency move small.
Trade talk progress ahead of the USMCA review deadline on July 1 is a medium-term risk for Canadian grain and oilseed exports, but the currency move itself has little immediate feed price impact.
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.