NEWS
Canada Markets
Cliff Jamieson Canadian Grains Analyst
Tue Aug 5, 2014 05:06 PM CDT

The Canadian dollar hit a three-month low today, with electronic trade reaching a low of $.9101 CAD/USD, the lowest level seen since early May. Since reaching a high of $.9399 CAD/USD on July 3, the Canadian dollar has slipped 3.2%.

Signs exist that further weakness could play itself out in the months to come, which would be a boon to grain producers whose product is destined for world markets.

One indication comes from The Economist Magazine's Big Mac Index. The magazine calls this a "light-hearted, protein-rich analysis," while focusing on the purchasing power parity between currencies. The cost of a ...

Quick View
  • Xtend Moves Forward USDA has issued its final environmental impact statement recommending full deregulation of Monsan...
  • Land Market What could the next year hold for land values?
  • No Agreement on Tax Extenders White House spokesman Josh Earnest on Monday said in his daily briefing that the White House woul...
  • Senior Partners - 4 At-your-service consultants help you walk through estate planning from start to finish.
  • Dow's Gutsy Decision Dow's decision to launch Enlist offers some hand-selected growers a chance to test drive new tech...
  • Congress Reaches Funding Deal The overall Agriculture Department and related agencies bill would cost $20.5 billion for fiscal ...
  • Need To Bee Accurate A news story had the wires buzzing Tuesday afternoon after a report that EPA was set to restrict ...
  • Kub's Den The Dakotas lost more than $130 million in grain revenue during the 2013-14 marketing year compar...
  • Ask the Vet What can I do to improve udder quality in my herd?
Related News Stories
Canada Imposes New Sanctions on Russia
Canada Won't Impose New Rules
U.S. Rail Service Improves
Ontario Crops Seasonal Summary
Canada Crop Production Lower
Canada Crop Production Reports