By Phil Franz-Warkentin
Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly softer relative to its United States counterpart on Monday, seeing a modest correction to start the week after hitting six-week highs on Friday.
The Canadian dollar settled at US$0.7334 or US$1=C$1.3635 on Monday, which compares with Friday’s close of US$0.7341 or US$1=C$1.3623.
West Texas Intermediate crude oil was down by 0.71 per cent at US$75.00 per barrel.
The TSX Composite Index was weaker, losing 70.45 points to close at 20,032.66 points.
Canada’s agricultural sector performed as follows:
Buhler Ind.———————- $ 0.00 at $ 2.25
Linamar Corp.——————–dn $ 0.14 at $ 57.53
Maple Leaf Foods—————–dn $ 0.20 at $ 24.93
Nutrien Ltd.———————dn $ 1.19 at $ 75.09
Ritchie Bros Auctioneers Inc.—-up $ 1.36 at $ 86.59
Farmers Edge Inc.—————- $ 0.00 at $ 0.235
(All figures are in Canadian dollars.)
