WINNIPEG: ICE Canada canola futures slipped to a fresh 11-month low on Friday and a fifth straight weekly loss.
* A lack of buying, weaker soybean futures and early pressure from a strong Canadian dollar weighed down the market.
* Nearby canola ended with 1 percent weekly decline.
* ICE Canada closed on Monday for Canadian Thanksgiving holiday.
* November canola futures lost $4.20 at $518.60 per tonne on volume of 8,519 contracts. Touched $516.10, lowest price since Oct. 25.
* January canola gave up $4.30 to $528.50 on volume of 3,809 contracts.
* November-January spread traded 3,059 times, settling at a January premium of $9.90.
* Chicago November soybeans lost 5-1/2 US cents to US$11.58-1/4 per bushel, pressured by favorable US harvest weather. October soyoil rose 0.15 cent to 49.07 US cents per lb.
* MATIF November rapeseed lost 0.5 percent.
* The Canadian dollar was trading at $1.0390 or 96.25 US cents at 1:08 p.m. CDT (1808 GMT), down from Thursday's North American session at $1.0378 to the US dollar, or 96.36 US cents.
* US crude oil gained 0.5 percent to US$82.98 per barrel.
* Canada weekly canola crushings rise 0.4 percent.
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