WINNIPEG: ICE Canada canola futures fell on Thursday after seven straight sessions of gains, pressured by weakness in soybeans.
* Total volume of 9,637 contracts was lowest in nearly eight weeks and down from trading activity on same date a year ago.
* Crusher buying seen limited amid holidays, but crush margins have risen over past month.
* Front-month canola on pace for 2011 loss of 10 percent, its first yearly decline in three years.
* January canola futures lost $6.70 at $523.00 per tonne on volume of 758 contracts.
* Most-active March lost $4.70 to $520.00 a tonne on volume of 6,839 contracts.
* January-March spread traded 459 times, settling at a January premium of $3.00.
* Chicago January soybeans lost 10-3/4 US cents to US$11.87-1/2 per bushel on profit-taking.
* MATIF February rapeseed lost 0.3 percent.
* The Canadian dollar was trading at $1.0211 against the US dollar, or 97.93 US cents, at 1:07 p.m. CST (1907 GMT), up from Wednesday's close at $1.0242 versus the US dollar, or 97.64 US cents.
* US crude oil futures rose 0.3 percent to US$99.65 per barrel.
* Dryness persists for Brazil, Argentina grains.
* Sluggish exports may spur CBOT Jan soy deliveries.
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