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Markets are split 50-50 on a July Bank of Canada rate hike as the trade war with the US clouds the economic outlook. Governor Poloz faces pressure to clarify whether the bank will follow through on its May signal.
Uncertainty over Canadian rates keeps the loonie volatile, affecting the landed cost of US feed ingredients for Canadian buyers.
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.