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: 242

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

Falling Behind on Direct Alcohol Shipping Deadline

Canada’s small alcohol producers are demanding answers as governments fail to deliver promised direct-to-consumer shipping reforms ahead of a key May deadline.

Major Weather Pattern Shift Signals Heat, Rain Relief, and El Niño Intensification Across U.S.

A significant late-May pattern shift is set to reshape U.S. weather, bringing needed rainfall to drought areas, extreme heat to northern regions, and increasing confidence in a strong El Niño.

US China Trade Deal Sparks New Hopes for Agriculture Markets

The US China trade deal (once in force) may boost agriculture markets, along with weather and global factors. Farmers could see higher prices and better profits, though market uncertainty and risks remain.

Saskatchewan Startup Unveils Portable Device to Detect Crop Diseases in the Field

A Saskatoon-based startup is transforming crop protection with a portable testing device that delivers rapid disease detection, helping farmers reduce losses and improve decision-making.

$15.1M to Scale Whole-Cut Plant-Based Protein

A $15.1 million investment led by Protein Industries Canada will scale a breakthrough manufacturing platform for whole-cut protein alternatives, strengthening Canada’s food system and creating new value for Canadian-grown crops.

© 2026   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service