
The Canadian dollar held steady on August 25 as USD/CAD consolidated near 1.3820 after Powell's dovish Jackson Hole remarks. Prime Minister Carney confirmed Ottawa will remove counter-tariffs on US goods covered under the USMCA effective September 1.
Canada removing counter-tariffs on USMCA-covered U.S. goods reduces trade friction that had hit canola and grain flows. This can support bilateral trade in agricultural products and stabilize crush and meal demand.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% 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.