Glacier FarmMedia MarketsFarm – The Canadian dollar fell to its lowest level in nearly a month on Thursday.
The loonie closed at US$0.7458 or US$1=C$1.3409, compared to US$0.7473 or US$1=C$1.3382 on Wednesday. The United States Dollar Index was virtually unchanged, down 0.01 of a point at 102.35.
Crude oil prices were up on Thursday due to ongoing tensions in the Middle East. Brent crude oil gained US$1.28 at US$78.08 per barrel. West Texas Intermediate (WTI) jumped US$1.27 at US$72.64/barrel.
The TSX/S&P Composite Index lost 71.02 points at 20,918.40.
Gold added US$5.10 at US$2,032.90 per ounce.
Canada’s agricultural sector fared as follows:
Buhler Ind. unchanged at $ 2.47
Farmer’s Edge Inc. unchanged at $ 0.34
Linamar Corp. up $ 0.43 at $ 63.69
Maple Leaf Foods dn $ 0.24 at $ 25.69
Nutrien Ltd. dn $ 0.46 at $ 70.84
RB Global Inc. up $ 0.63 at $ 88.25
(All figures are in Canadian dollars.)
