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The Canadian dollar eased toward 1.355 per US dollar after failing to hold 16-month highs set January 29. Weak Canadian GDP and a January job loss of about 24,800 positions were cited, alongside renewed US dollar demand as strong US labor data lifted Treasury yields.
Currency moves in the loonie affect Canadian feed costs and export pricing, but this is a routine FX move with no direct grain or feed supply change.
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.