Originally Posted by
220 maple
Has the Exchange rate changed since 11-8-16? If it does change what will happen to the bulk syrup price? What if the Canadian and American rate was the same?
Just Curious
Mark 220 Maple
It hasn't changed much, it was $1.33 then and $1.32 yesterday, but this chart only goes through 2016. https://ycharts.com/indicators/canad..._exchange_rate
If it was the same, then the US bulk price paid would be higher. The packers wouldn't pay more here than they can get it out of Canada minus the exchange rate. The news said yesterday that the 2016 year was at a 17 year high (US $$$) in the difference. Why crude oil and petro are going up while every other commodity is getting hammered has me wondering what in heck is really going on?
Last edited by markcasper; 01-07-2017 at 04:26 AM.
Mark
Where we made syrup long before the trendies made it popular, now its just another commodity.
John Deere 4000, 830, and 420 crawler
1400 taps, 600 gph CDL RO, 4x12 wood-fired Leader, forced air and preheater. 400 gallon Sap-O-Matic vacuum gathering tank, PTO powered. 2500 gallon X truck tank, 17 bulk tanks.
No cage tanks allowed on this farm!
Posting Permissions
Reply With Quote