Under the Agridome

It's a Mirage: Low Interest, Low Loonie, High Cash Prices

Philip Shaw
By  Philip Shaw , DTN Columnist
Connect with Philip:
@agridome
The Bank of Canada governor said that the drop in oil prices was unambiguously negative for the Canadian economy. He said that Canada's income from oil exports will be reduced and investment employment in the energy sector is already being cut. (DTN photo by Elaine Shein)
The Bank of Canada governor said that the drop in oil prices was unambiguously negative for the Canadian economy. He said that Canada's income from oil exports will be reduced and investment employment in the energy sector is already being cut. (DTN photo by Elaine Shein)
The extremely low interest rates of the past several years have been the testosterone of the agricultural economy. In 2015, they remain so and the interest rate cut of last week means the agricultural economy just got a big shot in the arm for the rest of...

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Philip Shaw

Philip Shaw
About the Author
Connect with Philip:
@agridome