Insights and Stories on Canadian Dollar

Feb. 5, 2019 at 6:02 am CST

Compared to last week, western Canadian yearlings and calves over 700 lbs. traded steady to $3 lower on average. Weakness in the fed cattle market weighed on the heavier replacements. Alberta packers were buying fed cattle at $155 on a live basis, down $7 from the highs seven days earlier. […]

By Jerry Klassen

Jan. 25, 2019 at 7:00 pm CST

Canadian wheat exports during the 2018-19 crop year-to-date are running at a record pace, with exports as of Sunday roughly 1.4 million tonnes ahead of what was exported during the same time frame the previous crop year. Canada has exported 8.87 million tonnes of wheat as of Sunday, according to […]

By Phil Franz-Warkentin

Jan. 23, 2019 at 8:35 pm CST

The Canadian dollar and vegetable oil are the main supports for canola contracts on the futures markets, but sluggish exports are holding it back from further gains, said a market analyst. Other than being down on Monday, canola has finished up in five of its last six sessions, according to […]

By Glen Hallick - MarketsFarm

Jan. 11, 2019 at 7:38 pm CST

CNS Canada — Farm Credit Canada (FCC) predicts the Canadian dollar will spend the year around the 75-U.S. cent mark — slightly softer than last year’s average of 76. “We’re going to see volatility throughout the year obviously but when we look at that season, or the full year average, […]

By Ashley Robinson - MarketsFarm

Jan. 9, 2019 at 7:18 pm CST

CNS Canada — The ICE Futures canola market has hit the winter lull and there isn’t much driving it, according to one trader. “The meal has been a leader to the upside, so that again should help crush margins and it has helped crush margins. But trade has been lacklustre […]

By Ashley Robinson - MarketsFarm