Canadian canola futures rise

ICE Canadian canola futures rose on Tuesday even as soyabean prices fell.

It was a quiet day, but canola continued to hold very steady despite outside pressures, including a firm Canadian dollar and weaker soyabean oil and meal prices, a trader said.

Most-active July canola gained $0.60 to $461.70 per tonne.

May-July canola spread traded 3,960 times.

US soyabean futures fell on Tuesday as traders squared positions at month-end.

Euronext August rapeseed futures and Malaysian July palm oil futures rose.