By Phil Franz-Warkentin
Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger on Monday, nearing its highest level in three weeks relative to its United States counterpart as investors positioned themselves ahead of Canadian inflation data due out on Tuesday.
The Canadian dollar settled at US$0.7319 or US$1=C$1.3663 on Monday, which compares with Friday’s close of US$0.7298 or US$1=C$1.3702.
West Texas Intermediate crude oil was stronger, up by 1.15 per cent at US$81.66 per barrel.
The TSX Composite Index was up by 293.73 points to close at 21,848.59 points.
Canada’s agricultural sector performed as follows:
Buhler Ind.———————- $ 0.00 at $ 2.05
Linamar Corp.——————–up $ 1.78 at $ 67.66
Maple Leaf Foods—————–up $ 0.53 at $ 22.83
Nutrien Ltd.———————up $ 1.24 at $ 71.89
RB Global Inc.——————-up $ 0.89 at $106.88
Farmers Edge Inc.—————- $ 0.00 at $ 0.345
(All figures are in Canadian dollars.)
