The Canadian dollar continues to struggle, dropping below 70 cents U.S. when markets closed on Friday.

Chris Palmer, with commodity risk management at G3 Canada, says weakness in the oil market and Chinese economy have both affected commodity markets and currency while the U.S. economy has stayed strong.

But he says this isn't all bad for Canadian farmers.

"It provides a buffer for the low futures prices that we're seeing because our Canadian dollar is weaker against a U.S. based trade — of course all ag is traded in U.S. dollars — it's really provided our producers a little bit of a cushion against the downside move," Palmer says.

Palmer says it's hard to call a bottom on the Canadian dollar, and doesn't think a rally is likely anytime soon.