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The Canadian dollar has risen about 10 percent against the U.S. dollar since May, threatening export markets for Western Canadian growers. Grain Growers of Canada's president said exporters, including wheat, barley and canola producers, will feel the hit.
A stronger loonie reduces the competitiveness of Canadian wheat, barley and canola in export markets, which can cap bids for these grains.
theglobeandmail.comEric AtkinsJul 30, 2017Not 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.
