Glacier FarmMedia MarketsFarm – The Canadian dollar rose again on Tuesday, reaching its highest level since February.
The loonie closed at US$0.7429 or US$1=C$1.3460, compared to US$0.7418 or US$1=C$1.3481 on Monday.
Meanwhile, the United States Dollar Index was down 0.29 of a point at 100.56.
Crude oil prices nearly erased its gains from Monday. West Texas Intermediate (WTI) fell US$1.72 at US$75.70 per barrel. Brent crude oil dropped US$1.76 at US$79.67/barrel.
The TSX Composite Index shed 89.01 points at 23,259.96.
Gold increased US$5.30 at US$2,560.50 per ounce.
Canada’s agricultural sector fared as follows:
Buhler Ind.                     dn $ 0.05     at $ 2.40
Farmer’s Edge Inc.              unchanged     at $ 0.345
Linamar Corp.                   dn $ 0.30    at $ 63.75
Maple Leaf Foods                dn  $ 0.34    at $ 22.76
Nutrien Ltd.                    dn  $ 0.43     at $ 65.12
RB Global Inc.                  up $ 0.23    at $117.18
(All figures are in Canadian dollars.)
