Page 20 - April 13 2020
P. 20
Farm & Fieldarm & Field
F
PATTERSON’S PART SUPPLY
News and Views
News and Views
780-728-8803 5711 2nd Avenue, Edson
780-728-8803 5711 2nd Avenue, Edson
THE WEEKLY ANCHOR
THE WEEKLY ANCHOR
PAGE 20 MONDAY APRIL 13, 2020 MONDAY APRIL 6, 2020 PAGE 7 T he Weekly ANCHOR THE WEEKLY ANCHOR
T he Weekly ANCHOR s CHOOL
Farm & Fieldarm & Field
F
PATTERSON’S PART SUPPLY
News and Views THE WEEKLY ANCHOR Times
News and Views
780-728-8803 5711 2nd Avenue, Edson
780-728-8803 5711 2nd Avenue, Edson
The weaker Canadian dollar
s CHOOL Provincial crop analyst Neil Blue looks at how exchange rates could affect farmers’ profits 780-728-8803 5711 2nd Avenue, Edson
PATTERSON’S PART SUPPLY
780-728-8803 5711 2nd Avenue, Edson
“The Canada - U.S. exchange
Times rate affects the prices of
agricultural products and
inputs,” explains Neil Blue.
“Much of world trade is priced
in U.S. dollars. The U.S. is
Canada’s largest trading partner,
so changes in the Canadian
dollar value relative to the U.S.
directly affects profits of
Canadian farmers.”
He notes that lately, the
Canadian dollar has dropped
PASSPORT PHOTOS & MORE significantly in value relative to
the U.S. dollar.
Profession
Professional Digital al Digital “Of several factors that can
Passport System Is now accepting applications move relative currency values, 2
Passport System
major factors caused that recent
photos ready otos ready for 2020 Natural Gas Installations decline. As the global C-virus
ph
in minutes in minutes pandemic intensified, money
moved to so-called safe assets.
while you wait...you wait... RURAL One of those assets is the U.S.
while
dollar, so the U.S. dollar
T $6,500.00+ GST increased in value.”
The Weekly Anchorhe Weekly Anchor
“Secondly, during early March,
5040 3rd Avenue, Edson40 3rd Avenue, Edson
50 URBAN plans for increased crude oil Canadian dollar versus WTI crude oil prices (in U.S. dollars) update
production announced by major
7 $3,000.00 + GST producers Saudi Arabia and the weaker Canadian dollar.” KID’S CORNER
780-723-578780-723-5787
KID’S CORNER
He adds that the flipside is true,
Russia pushed crude oil prices
DROP IN AND SEE!ROP IN AND SEE!
D (Construction must be completed lower. That sharp drop in crude so importing fresh vegetables,
in the Current Season)
farm inputs and equipment from
oil prices quickly provided a
INFILL FINANCING AVAILABLE reminder that the oil industry is a the U.S. could become more Thomas Burn is a first-grade student at
Mary Bergeron Elementary. His favorite
major driver of the Canadian expensive, depending on those school subject is science and he
economy as the Canadian dollar coincidental prices in the U.S.
3349 – 34 Avenue also plummeted.” “In the short run, however, most spends his time at home colouring and
building Lego. His favorite activity he
“Although the weaker Canadian producers would prefer the
Whitecourt, Alberta, T7S 1X3 dollar implies a weaker economy rebound in crop prices for some has done during social isolation so far
relative to the U.S., our weaker pricing.” was making pizza with his dad, and
video calling all his family on his aunt's
“In summary, an understanding
currency tends to lower the cost
Phone: 780-779-9990
Do you need for other countries to import of exchange rates and their birthday.
Do you need
Toll Free: 1-800-727-5259
Canadian products, including our influences is important because
Kid’s Corner is sponsored by:ed by:
Kid’s Corner is sponsor
something Laminated?
something Laminated? crops and livestock. One reason they have a direct impact on Sand & Gravel Sales/Haulingand & Gravel Sales/Hauling
Monday - Friday 8:00 – 4:30
S
agricultural commodity prices
for the recovery in the price of
and farmers' margins.”
Quality W
Quality Workork
No contracts Accepted
Come visit the Anchor
Come visit the Anchor canola and milling wheat during Serving Edson & District Since 1974
mid-March has been the effect of AgriNews
After September 1, 2020
Serving Edson & District Since 1974
5040 3 Avenue, Edson -
5040 3 Avenue, Edson -
780-723-5787 W
780-723-5787
We are Open and Here to Serve youe are Open and Here to Serve you
as a Designated Essential Ser
as a Designated Essential Service vice
We have taken action to put in place safety protocols guided by public
We have taken action to put in place safety protocols guided by public
health directives including social distancing and sanitization
health directives including social distancing and sanitization
measures to protect our customers and staff.
measures to protect our customers and staff.
4606 3 Avenue Member of Five Stars
4606 3 Avenue
(Corner of 46 Street & 3rd Avenue) Loyalty Program
(Corner of 46 Street & 3rd Avenue)
F
PATTERSON’S PART SUPPLY
News and Views
News and Views
780-728-8803 5711 2nd Avenue, Edson
780-728-8803 5711 2nd Avenue, Edson
THE WEEKLY ANCHOR
THE WEEKLY ANCHOR
PAGE 20 MONDAY APRIL 13, 2020 MONDAY APRIL 6, 2020 PAGE 7 T he Weekly ANCHOR THE WEEKLY ANCHOR
T he Weekly ANCHOR s CHOOL
Farm & Fieldarm & Field
F
PATTERSON’S PART SUPPLY
News and Views THE WEEKLY ANCHOR Times
News and Views
780-728-8803 5711 2nd Avenue, Edson
780-728-8803 5711 2nd Avenue, Edson
The weaker Canadian dollar
s CHOOL Provincial crop analyst Neil Blue looks at how exchange rates could affect farmers’ profits 780-728-8803 5711 2nd Avenue, Edson
PATTERSON’S PART SUPPLY
780-728-8803 5711 2nd Avenue, Edson
“The Canada - U.S. exchange
Times rate affects the prices of
agricultural products and
inputs,” explains Neil Blue.
“Much of world trade is priced
in U.S. dollars. The U.S. is
Canada’s largest trading partner,
so changes in the Canadian
dollar value relative to the U.S.
directly affects profits of
Canadian farmers.”
He notes that lately, the
Canadian dollar has dropped
PASSPORT PHOTOS & MORE significantly in value relative to
the U.S. dollar.
Profession
Professional Digital al Digital “Of several factors that can
Passport System Is now accepting applications move relative currency values, 2
Passport System
major factors caused that recent
photos ready otos ready for 2020 Natural Gas Installations decline. As the global C-virus
ph
in minutes in minutes pandemic intensified, money
moved to so-called safe assets.
while you wait...you wait... RURAL One of those assets is the U.S.
while
dollar, so the U.S. dollar
T $6,500.00+ GST increased in value.”
The Weekly Anchorhe Weekly Anchor
“Secondly, during early March,
5040 3rd Avenue, Edson40 3rd Avenue, Edson
50 URBAN plans for increased crude oil Canadian dollar versus WTI crude oil prices (in U.S. dollars) update
production announced by major
7 $3,000.00 + GST producers Saudi Arabia and the weaker Canadian dollar.” KID’S CORNER
780-723-578780-723-5787
KID’S CORNER
He adds that the flipside is true,
Russia pushed crude oil prices
DROP IN AND SEE!ROP IN AND SEE!
D (Construction must be completed lower. That sharp drop in crude so importing fresh vegetables,
in the Current Season)
farm inputs and equipment from
oil prices quickly provided a
INFILL FINANCING AVAILABLE reminder that the oil industry is a the U.S. could become more Thomas Burn is a first-grade student at
Mary Bergeron Elementary. His favorite
major driver of the Canadian expensive, depending on those school subject is science and he
economy as the Canadian dollar coincidental prices in the U.S.
3349 – 34 Avenue also plummeted.” “In the short run, however, most spends his time at home colouring and
building Lego. His favorite activity he
“Although the weaker Canadian producers would prefer the
Whitecourt, Alberta, T7S 1X3 dollar implies a weaker economy rebound in crop prices for some has done during social isolation so far
relative to the U.S., our weaker pricing.” was making pizza with his dad, and
video calling all his family on his aunt's
“In summary, an understanding
currency tends to lower the cost
Phone: 780-779-9990
Do you need for other countries to import of exchange rates and their birthday.
Do you need
Toll Free: 1-800-727-5259
Canadian products, including our influences is important because
Kid’s Corner is sponsored by:ed by:
Kid’s Corner is sponsor
something Laminated?
something Laminated? crops and livestock. One reason they have a direct impact on Sand & Gravel Sales/Haulingand & Gravel Sales/Hauling
Monday - Friday 8:00 – 4:30
S
agricultural commodity prices
for the recovery in the price of
and farmers' margins.”
Quality W
Quality Workork
No contracts Accepted
Come visit the Anchor
Come visit the Anchor canola and milling wheat during Serving Edson & District Since 1974
mid-March has been the effect of AgriNews
After September 1, 2020
Serving Edson & District Since 1974
5040 3 Avenue, Edson -
5040 3 Avenue, Edson -
780-723-5787 W
780-723-5787
We are Open and Here to Serve youe are Open and Here to Serve you
as a Designated Essential Ser
as a Designated Essential Service vice
We have taken action to put in place safety protocols guided by public
We have taken action to put in place safety protocols guided by public
health directives including social distancing and sanitization
health directives including social distancing and sanitization
measures to protect our customers and staff.
measures to protect our customers and staff.
4606 3 Avenue Member of Five Stars
4606 3 Avenue
(Corner of 46 Street & 3rd Avenue) Loyalty Program
(Corner of 46 Street & 3rd Avenue)