ICE Canadian canola futures dipped on Tuesday, pressured by a lack of demand and as funds maintained short positions. Trading volume was light with selling mainly at the high end of the day's trading range, a trader said. March canola lost $2 to $484.50 per tonne. March-May canola spread traded 1,804 times.
Chicago March soybeans fell on worries ahead of US-China talks. Paris Matif May rapeseed futures and Malaysian April palm oil futures slipped. The Canadian dollar was trading at $1.3268 to the US dollar, or 75.37 US cents, at 12:53 p.m. CST (1853 GMT).