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Statistics Canada reported October annual inflation rose to 2.4 percent from 2.2 percent, above the Bank of Canada's target for a ninth straight month. Markets saw little chance of a December rate hike, and analysts expect lower oil prices to pull inflation down.
Limited rate-hike expectations keep Canadian interest rates steady, which has modest influence on the loonie and therefore on Canadian-origin commodity competitiveness. The article has little direct bearing on feed grain prices.
financialpost.comReutersNov 23, 2018Not 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.
