ICE Canadian canola futures fell roughly 2 percent on Tuesday on profit-taking after last week's contract highs and on concern about the health of the global economy, traders said. July canola closed down $10.40 at $532.10 per tonne. Open interest in the contract, which is in delivery, was down to 10 lots ahead of the open.
Most-active November canola settled down $10.40 at $523.90 a tonne. Volume was 15,777 contracts. Chicago August soybean futures fell 30-1/4 US cents to settle at US $9.92 a bushel on stabilising US crop ratings and macroeconomic worries.