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The Canadian dollar rose more than one US cent on Dec. 1 after Statistics Canada reported 80,000 jobs added in November.
The jobless rate fell to 5.9 per cent, its lowest since February 2008.
A stronger loonie raises the USD cost of Canadian grain and oilseed exports, a mild bullish factor for USD-denominated canola meal and barley prices. The move is driven by domestic labour data rather than feed supply.
Not enough comparable past events yet for a historical read.
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.