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OTTAWA: ICE canola futures edged down on Tuesday as US soyabean and soy oil prices fell. Canola started out firm as it played catch-up with the US markets, which rallied Monday when the canola market was closed, but was slowly pulled back down after taking some selling pressure, a trader said.
November canola fell 70 cents to $490.80 per tonne.
November-January canola spread traded 2,337 times.