By Phil Franz-Warkentin
Glacier FarmMedia MarketsFarm – The Canadian dollar held near unchanged on Tuesday as activity resumed after the Canada Day long weekend. Broad weakness in the United States dollar internationally underpinned the currency.
The Canadian dollar settled at US$0.7301 or US$1=C$1.3697 on Tuesday, which compares with Friday’s close of US$0.7306 or US$1=C$1.3687.
Crude oil hit its highest levels in two months in early activity but ran into resistance to post small losses on the day. West Texas Intermediate crude oil was down by 0.16 per cent at US$83.25 per barrel.
The TSX Composite Index was up by 78.01 points to close at 21,953.80 points.
Canada’s agricultural sector performed as follows:
Buhler Ind.———————- $ 0.00 at $ 2.05
Linamar Corp.——————–up $ 0.36 at $ 66.85
Maple Leaf Foods—————–up $ 0.03 at $ 22.95
Nutrien Ltd.———————dn $ 1.32 at $ 68.33
RB Global Inc.——————-up $ 0.31 at $104.65
Farmers Edge Inc.—————- $ 0.00 at $ 0.345
(All figures are in Canadian dollars.)
