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ICE Canadian canola fell for the sixth time in eighth sessions on Monday, weighed down by some hedging by farmers and commercial operators who were guarding against further declines as the end of harvest neared, traders said. Canola harvest was close to complete, and bigger-than-expected yields have flooded elevators and storage bins, traders said. Weakness in the Chicago Board of Trade soy complex added further pressure to canola. November canola settled $1.50 lower at $471.10 per tonne on volume of 8,171 contracts.

Copyright Reuters, 2015

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