Glacier FarmMedia MarketsFarm – The Canadian dollar stayed relatively steady on Thursday.
The loonie closed at US$0.7276 or US$1=C$1.3743 on Thursday, compared to US$0.7279 or US$1=C$1.3739 on Wednesday.
Meanwhile, the United States Dollar Index was up 0.03 of a point at 103.22.
Crude oil prices continued to rise amidst tensions in the Middle East. West Texas Intermediate (WTI) rose US$0.82 at US$76.05 per barrel. Brent crude oil advanced US$0.67 at US$79.00/barrel.
The TSX Composite Index jumped 344.66 points to close at 21,225.61 after the U.S. Labor Department reported a larger-than-expected drop in unemployment claims in July.
Gold surged US$30.90 at US$2,463.30 per ounce.
Canada’s agricultural sector fared as follows:
Buhler Ind. up $ 0.02 at $ 2.05
Farmer’s Edge Inc. unchanged at $ 0.345
Linamar Corp. up $ 2.11 at $ 63.30
Maple Leaf Foods dn $ 2.38 at $ 23.05
Nutrien Ltd. dn $ 1.50 at $ 63.23
RB Global Inc. up $ 1.37 at $107.47
(All figures are in Canadian dollars.)
