ICE Canadian canola futures rose on technical buying on Thursday, with the front-month contract hitting its highest on a continuous basis since Feb. 26, traders said. May canola futures found support their 10-day moving average before posting a gain of $3.50 and settling at $468.20 per tonne. July canola was up $4.10 at $476.60. Chicago May soyabeans finished 4-1/2 US cents higher at US$9.10-1/2 per bushel.
The Canadian dollar weakened against its US counterpart on Thursday as lower oil prices and broad-based gains for the greenback offset domestic data showing increased hiring and wholesale trade.
Malaysian May palm oil futures were up 0.33 percent on Thursday.