The Canadian dollar made little headway on Monday.
The loonie closed at US$0.7276 or US$1=C$1.3743, compared to US$0.7272 or US$1=C$1.3751 on Friday.
The United States Dollar Index declined 0.19 of a point at 105.36.
Crude oil prices jumped on Monday due to bullish economic data from China and speculation OPEC+ could delay adding more supply to the market. Brent crude oil rose US$1.73 at US$84.35 per barrel. West Texas Intermediate (WTI) surged US$1.96 at US$80.41/barrel.
The TSX/S&P Composite Index lost 51.22 points at 21,587.88.
Gold fell US$13.80 at US$2,335.30 per ounce.
Canada’s agricultural sector fared as follows:
Buhler Ind.                     unchanged      at $ 2.05
Farmer’s Edge Inc.              unchanged     at $ 0.345
Linamar Corp.                   up $ 0.27    at $ 67.42
Maple Leaf Foods                dn  $ 0.53    at $ 22.57
Nutrien Ltd.                    dn $ 0.72     at $ 69.60
RB Global Inc.                  up $ 0.62    at $110.37
(All figures are in Canadian dollars.)
