Glacier FarmMedia MarketsFarm – After falling to a four-month low on Friday, the Canadian dollar took a small step while regaining positive momentum on Monday.
The loonie closed at US$0.7363 or US$1=C$1.3582, compared to US$0.7354 or US$1=C$1.3598 on Friday.
The United States Dollar Index declined 0.17 of a point at 104.13.
Crude oil prices dropped on Monday after news that Israel had pulled out some of its soldiers from Gaza. Brent crude oil was down US$0.69 at US$90.48 per barrel. West Texas Intermediate (WTI) dropped US$0.43 at US$86.48/barrel.
The TSX/S&P Composite Index was down 4.08 points at 22,260.30.
Gold jumped US$12.00 at US$2,357.40 per ounce.
Canada’s agricultural sector fared as follows:
Buhler Ind. up $ 0.14 at $ 2.30
Farmer’s Edge Inc. unchanged at $ 0.345
Linamar Corp. up $ 0.10 at $ 69.66
Maple Leaf Foods dn $ 0.07 at $ 23.68
Nutrien Ltd. dn $ 1.37 at $ 75.74
RB Global Inc. dn $ 0.19 at $101.31
(All figures are in Canadian dollars.)
