Canadian canola futures fall

ICE Canadian canola futures fell for the sixth day in a row, hitting a two-month low on fund selling, traders said. Slow export business also weighed on the canola market, which has fallen 4.5 percent during the losing streak. Most-active May canola shed $2.10 to $503.70 per tonne. July canola lost $1.80 to $508.80 per tonne. May-July canola spread traded 2,549 times.
Chicago Board of Trade May soybeans dropped 1-1/2 cents to $10.00 a bushel. NYSE Liffe May rapeseed and April Malaysian palm oil closed in positive territory. The Canadian dollar strengthened on Friday against its US counterpart, helped by higher oil prices and stronger-than-expected domestic manufacturing data.