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Canada's economy unexpectedly grew 0.1% in July, though momentum slowed in subsequent months. The Canadian dollar traded 0.4% lower at 1.3661 to the U.S. dollar.
The Bank of Canada had earlier raised rates by 75 basis points to fight inflation.
Economic data has limited direct effect on feed grain prices, but the currency move affects the cost of Canadian and US feed ingredients for buyers on both sides of the border.
reuters.comJulie GordonSep 29, 2022Not 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.
