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US dollar

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  • farming101
    Senior Member
    • Mar 2011
    • 3953

    US dollar

    The USDX made a 33 month high today.
    The CAD is doing a little better than it was 33 months ago.
  • katoe
    Senior Member
    • Dec 2003
    • 275

    #2
    Thats good. Low dollar is good for grain.

    Comment

    • sk_wheatking
      Senior Member
      • Sep 2011
      • 898

      #3
      How in the world is our dollar even at .75 u.s. anyway, with all the issues we have here? Our country is financially dead, and being held hostage by pirates as we speak with no end in sight and no hope of leadership. Yep, #shutdowncanada alright.

      Comment

      • TASFarms
        Senior Member
        • Feb 2014
        • 1339

        #4
        Originally posted by sk_wheatking View Post
        How in the world is our dollar even at .75 u.s. anyway, with all the issues we have here? Our country is financially dead, and being held hostage by pirates as we speak with no end in sight and no hope of leadership. Yep, #shutdowncanada alright.
        We would be close to par if we had good governance.

        Comment

        • Flatlander
          Senior Member
          • Mar 2012
          • 187

          #5
          The best timers my farm had were the highest price fuel and the highest price CAD. Bull $hit that low CAD makes high commodity price

          Comment

          • macdon02
            Senior Member
            • Sep 2007
            • 1858

            #6
            1985 high is where it's going if it breaks 103. I highly recommend asking a neighbor or family member about that timeframe if you are not familiar.

            Comment

            • Taiga
              Senior Member
              • Jul 2018
              • 1460

              #7
              Yep, best times here were the golden years 8 years +/- ago when Canadian $ was well over par. Would like to get back there again. Not any time soon with the Liberal inflicted deflation though.

              Comment

              • farming101
                Senior Member
                • Mar 2011
                • 3953

                #8
                USDX 34 month high. Flight to perceived safety is well underway

                Comment

                • SASKFARMER
                  Senior Member
                  • Dec 2005
                  • 6943

                  #9
                  Help my USA account is getting low.


                  No it isn’t but my Canadian is getting a shit kicking with all the shit show going on in canada.

                  Comment

                  • chuckChuck
                    Senior Member
                    • Dec 2006
                    • 12722

                    #10
                    As Errol pointed out China's incredible growth drove a worldwide commodity boom. When China's growth slowed, commodity prices started to decline. It started while Harper was in the PMO.

                    Now that China is slowing even more and the Corona virus is having a big impact, all bets are off where the world economy will go.

                    For those of you who think that the commodity boom was a normal state of the world economy, you must not have been paying attention to the history of booms and busts in the commodity sectors.

                    How many successful farmers take only the results from their highest income years to make plans for the future? It can lead to a whole lot of disappointment.

                    Comment

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