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: 154

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

Food and beverage sales peak over $80 billion in first half of 2023, Farm Credit Canada says

The first half of 2023 was kind for Canadian food manufacturers.

New article series: Ag in the House

A new series will document the ag debates happening in the House of Commons

Vantage Ag sets new standard for sustainable, effective fertilization with full lineup of their reacted liquid Quantum Ag Technologies.

Vantage Ag, a liquid fertilizer manufacturer and distribution company, announces the launch of their full line up from their proprietary reacted liquid Quantum Ag technologies. These highly effective nano-particle liquid products are designed to cover and penetrate plant tissue like no other product on the market today, setting a new standard in efficiency, sustainability and grower ROI.

CASE and Team Rubicon Elevate Partnership With Expansion of Heavy Equipment Operator Training

Last fall, CASE Construction Equipment asked its dealers to help support a new initiative with Team Rubicon: train more volunteers to operate heavy equipment for its veteran-led humanitarian organization that serves global communities before, during and after disasters and crises. CASE dealers responded.

CASE Launches New Ways for Utility and Construction Crews to Work in Tight Jobsites and Combat Labor Shortages

CASE Construction Equipment is launching a sprawling lineup of new and enhanced machines that will help utility teams and other contractors work more productively and profitably in the face of ever-evolving jobsite challenges

© 2023   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service