Crap spilling over onto commodities. Food was holding against copper nd oil. May take a kickin here.
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As Cotton mentioned
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Canadian grain market is joined at the hip to the US market.
Doesn't matter what the loonie is doing,
US dollar up-Canadian grains down.
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Seems odd to have another excuse as to why we can't have higher grain prices in canada.
The loonie is dropping and so are grain prices.
I will put money on the fact that canadian produced fertilizer doesn't get the same treatment as canadian produced grain.
Both are commodities, funny how they are both produced in canada but have different pricing formulas.
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