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Currency analysts are divided on the direction of the Canadian dollar, which was up about 4 percent against the US dollar since January 2019 at around 76 US cents on July 29. Strong economic growth and trade have supported the loonie, but some strategists worry about risks ahead.
Currency direction alters the cost of Canadian and US-priced feed inputs for Canadian buyers. Uncertainty around the loonie makes import cost planning harder for feed buyers.
cbc.caCBC NewsJul 30, 2019Not 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.
