By Commodity News Service Canada
WINNIPEG, November 28 (CNS) – The Canadian dollar suffered
losses against its U.S. counterpart on Tuesday, pulled down by a
broadly stronger American greenback and falling crude oil
prices. Gains in natural gas helped limit the losses.
Canadian producer prices rose one percent in October. The
increase was attributed to higher charges for passenger cars and
auto parts. At the same time, Canada’s raw-materials price index
also rose due to higher prices for crude oil.
The Canadian dollar settled on Tuesday at US$0.7808 cents
or C$1.2807, compared to Monday’s North American close of
US$0.7852 or C$1.2735.
In Toronto, the S&P/TSX Composite Index fell 12.48 points,
or 0.08%, to 16,029.64.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.41 at $ 19.52
Agrium Incorporated———-up $ 2.28 at $139.10
Buhler Industries————– $ 0.00 at $ 4.45
Maple Leaf Foods————-up $ 0.29 at $ 34.06
Potash Corp. of Sask———up $ 0.43 at $ 24.93
(All figures are in Canadian dollars.)
