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WINNIPEG: ICE canola futures rose on Monday for the fourth straight day, lifted by strength in soy oil and crude oil markets. Most-active March canola gained $3 to $997.60 per tonne.
The nearby January contract posted a smaller gain as investors with long positions rolled them to cheaper-priced deferred months, a broker said.
January-March canola spread traded 2,001 times. US soybean futures fell on profit-taking. Euronext February rapeseed futures dipped and Malaysian February palm oil futures rose.