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Analysts quoted by CBC said the Canadian dollar, near 75 US cents, could fall to 71 cents in 2019 and possibly 61 cents per another forecast. Concerns cite high household debt and capital flows toward higher US rates.
The article gives advice on protecting against currency weakness.
A sharply weaker loonie would lower Canadian feed-ingredient costs in USD terms and could shift trade flows for canola and other feed inputs.
cbc.caMark TingMar 25, 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.
