Re: Canadian Dollar vs US Dollar


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Posted by Tom @ Snake River on Monday, May 15, 2006 at 0:11AM :

In Reply to: Canadian Dollar vs US Dollar posted by Jim in Tuson on Sunday, May 14, 2006 at 9:24PM :

The strong Canadian dollar has put an interesting twist to trade relations. We in agriculture almost thought that the Canadians kept their dollar always a little weaker to have the trade anvantage. Two years ago the J.R. Simplot Co built a potato processing plant in Portage LaPrarie Manitoba instead of Idaho. They enjoyed 2 years of low prices. Now the potatoes are just as expensive and now the buyers (McDonalds) decided that the Idaho potato growers can do a better quality job than the Canadians. Finally glad to see a stronger Canadian dollar. TOm



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