
The Canadian dollar strengthened to about 1.3635 per U.S. dollar on Monday, recovering a volatile Friday move. U.S.-Canada trade negotiations resumed after Washington had ended them over a digital services tax.
The loonie posted its fifth straight monthly gain in June.
A firmer loonie makes Canadian canola and other exports more expensive in U.S. dollar terms, which can weigh on Canadian oilseed prices. The trade talks' resumption reduces tariff risk for North American feed grain and oilseed flows.
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.