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The Canadian dollar recovered its weekly losses on August 22 as Fed Chair Powell signaled a possible September rate cut at Jackson Hole. Canada also moved to ease trade tensions with the U.S. by removing many retaliatory tariffs.
The loonie traded 0.7% higher at 1.3815 per U.S. dollar.
A weaker dollar on rate-cut expectations supports dollar-priced grains and oilseeds, while Canada's tariff rollback may ease canola and grain trade friction with the U.S. Overall effect on feed prices is modest.
theglobeandmail.comFergal SmithAug 22, 2025Not enough comparable past events yet for a historical read.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
After 151 past bullish macro events, Corn moved a median +0.2% over 5 sessions (57% higher; middle half -0.9% to +1.4%), and -0.3% over 20.
After 123 past bullish macro events, Soybeans moved a median +0.3% over 5 sessions (60% higher; middle half -1.0% to +1.8%), and -0.4% over 20.
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.
