Canadian canola futures down

ICE Canadian canola futures eased on Tuesday pressured by weakness in US soya markets.

Canola held up well relative to weak US markets as its losses last week has left it attractively priced among oilseeds, a trader said.

Most-active January canola eased 10 cents to $462.10 per tonne.

January-March canola spread traded 2,355 times.

Chicago soyabean futures retreated as mostly dry weather accelerated the US harvest.

China will resume imports of Canadian beef and pork, Prime Minister Justin Trudeau said, some four months after Beijing blocked shipments amid an escalating diplomatic feud. Restrictions on Canadian canola remain in place.

Euronext February rapeseed futures and Malaysian January palm oil futures slipped.

The Canadian dollar rose to near a one-week high against its US counterpart as data showed a narrowing in Canada's trade deficit and investors became more optimistic of a trade deal between the United States and China.