Ontario Agriculture

The network for agriculture in Ontario, Canada

We rapidly seem to be heading for parity (again) for the Canadian and US dollars.... this is good if we are investing alot in equipment and imported tools... but if we are selling US$ based commodities, it will be tougher...

today we are less than 1.03 to 1....

who wants to guess a date and time that we reach Parity.......I am going to guess 2pm on Thursday Nov 12 TH

Views: 155

Reply to This

Replies to This Discussion

October 30, 9:45 AM
December 5th 11:30 AM - if the Eastern Seaboard gets a cold snap. Otherwise not until 2010.
Any thoughts on the US dollar? versus other currencies? US dollar index charts below.

US dollar index dec

US dollar index weekly
Within a week, now that i have booked and prepaid my flights and accomodations to a US convention in feb '10.....;)
Now that we are at 99.8 cents - it seems parity is inevitable. Thanks to the lack of a cold snap on the Eastern seaboard, parity has been delayed. So much for a basis rally.
While there is a short term concern about various dimensions with $US parity, I question the long term stability of the $US.

The 'derivative bubble' has been "flat-lined" and on life support for the last year..... so it just begs the question when will the plug be pulled and the $US dollar collapses.?

Nov. 9, 2010?

Wayne Black said:
Now that we are at 99.8 cents - it seems parity is inevitable. Thanks to the lack of a cold snap on the Eastern seaboard, parity has been delayed. So much for a basis rally.

Reply to Discussion

RSS

Agriculture Headlines from Farms.com Canada East News - click on title for full story

ESS RELEASE Fall Harvest 2023: Canadian fresh produce industry engages with Parliamentarians

The Fruit and Vegetable Growers of Canada (FVGC) and the Canadian Produce Marketing Association (CPMA) successfully concluded their annual joint advocacy event, Fall Harvest, which took place in Ottawa from November 20-22. This year's event centered on several key focus areas:

CONTEST OFFERS MILLIONS: If you can cut methane emissions

The Liberal government has launched a multi-million-dollar contest to entice farmers into cutting the natural methane emissions from cattle, whose bodies are already fuelled entirely by a renewable form of energy known as plant matter.

AT THE ROYAL: Top beef bull sells for $15,000

Among all the beef bulls judged at the 2023 Royal Winter Fair, the best of them all was entered by Baker Farms of Madoc.

Perth County sheep farmer loses leg in auger accident

A 34-year-old Perth County sheep farmer suffered life-altering injuries in what a family member said was an auger accident. One leg was lost in the accident and the farmer’s other leg was broken.

Farms vulnerable to cyber security threats, new research shows

As Canada’s farms become more connected and more digital, there is a consensus among experts that it’s a matter of when and not if a farm business will experience a cyber security problem. 

© 2023   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service