GFM Network News


Since most farm equipment is imported from the U.S., the rise in the Canadian dollar will lower the tab 
for new machinery.

Higher loonie will have many impacts

MARKET WATCH: A low dollar shielded Canadian farmers from lower commodity prices but it also raised the cost of farm equipment and inputs

While you were busy growing crops and raising livestock this summer, a rising dollar has been taking aim at your profits. The growing season started with the loonie trading under the 75 U.S. cents mark — and many analysts sticking to the theory it would stay low as long as oil prices remained in the […] Read more