NEWS
Canada Markets Blog
Cliff Jamieson Canadian Grains Analyst
Thu May 22, 2014 09:03 AM CDT

Since reaching a low of $.8845 CAD/USD March 20, the Canadian dollar rallied 4.4% or 395 points to reach a high of $.9240 CAD/USD March 8. The market has since run out of steam, which resulted in an initial breach of trendline support in Tuesday's trade, while Wednesday's trade started with an open below trendline support with trade ending 18 basis points lower at $.9155 CAD/USD.

Technical signs on the daily chart indicate the possibility of further weakening. As shown on the second study on the attached chart, stochastic momentum indicators posted a bearish cross-over of indicators while in the ...

Quick View
  • Crop Tech Corner Researchers have developed GE wheat that yields far better under hot conditions, a wheat gene is ...
  • The Attraction of Youth Combine genotyping with a yearling bull, or even a weanling, and you're less likely to make a poo...
  • Kubota Steps Up A new mid-range, high-horsepower M7 tractor moves this company into the row-crop arena.
  • SCO Sticker Shock Costs and potential disconnect with county yields make the Supplemental Coverage Option a hard se...
  • Clean Water Goes a Long Way Cleaning up 900 feet of a small creek in Kentucky brings rebirth to water once choked with sedime...
  • Beef Checkoff Effort Resumes Members of the eight organizations comprising the Beef Checkoff Enhancement Working Group were se...
  • Ag and Environment Outlook Agriculture continues to watch how the U.S. Environmental Protection Agency implements the propos...
  • Surgery on Plastics Dharma Kodali's goal is to insert soybean oil in the basic ingredient list for PVC plastics.
  • Ask the Vet How should I treat a cow with a swelling on her flank?
Related News Stories
Canada Markets
Truck Drivers in Short Supply
Canada Markets
Under the Agridome
CWB Announces Lower PROs
Canada Markets
Canada Markets
Canada Markets
Canada Markets
Canada Markets