Canadian canola futures rise

ICE Canadian canola futures rose on Friday, lifted by spillover strength from soyaoil and technical buying. Strength in the Canadian dollar and commercial hedge selling limited canola's gains, a trader said. March canola added $1.50 to $488.50 per tonne. March-May canola spread traded 3,253 times.
Chicago March soyabeans climbed on uncertainty about Brazil's crop and technical buying. Paris Matif May rapeseed futures edged higher and Malaysian April palm oil futures eased. The Canadian dollar was trading at $1.3239 to the US dollar, or 75.53 US cents at 1:21 p.m. CST (1921 GMT).