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The Canadian dollar fell below 77 US cents on March 5, its lowest level since July 2017. The decline followed US threats to tear up NAFTA and proposed steel and aluminum tariffs that could hit Canadian exports.
A weaker loonie makes US-priced feed commodities more expensive for Canadian buyers, while tariff threats raise the risk of disrupted North American trade. The effect is mainly on currency and sentiment.
cbc.caPete EvansMar 5, 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.
