Canadian canola futures ease

ICE Canadian canola futures eased on Wednesday on spillover pressure from rival oilseeds, trading in thin volumes.

The session was a "weird day," a trader said. Weakness in soyaoil and palm should have pressured canola more, but the market had little direction, with both funds and farmers on the sidelines.

Most-active January canola dipped 30 cents to $461.80 per tonne.

January-March canola spread traded 1,858 times.

Chicago soyabean futures declined after a report that US-China talks had hit a snag over farm purchases.

Euronext February rapeseed futures edged higher and Malaysian January palm oil futures dropped.