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Farm Credit Canada economist J.P. Gervais said Canadian agriculture growth is levelling off and depends on the loonie's value, with a weaker Canadian dollar supporting commodity exports.
He expects the strong US dollar to persist through next year and said trade deals face growing political opposition.
A firm US dollar against the loonie supports Canadian export competitiveness for grains and oilseeds, while trade-policy headwinds could affect export flows and prices.
producer.comMichael RaineDec 8, 2016Not 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.
