CHICAGO, Sept 9 (Reuters) - ICE (NYSE:ICE) canola futures fell for the fifth day in a row on Monday, pushing the front-month contract to a two-month low, as the advancing harvest threatened to bolster an already bearish supply base, traders said.
* Technical selling also weighed on the market.
* The most-active November canola futures contract RSX9 lost $3 to $439.80 per tonne.
* On a continuous basis, the front-month contract RSc1 bottomed out at $438, its lowest since July 9, during the session.
* Volumes were thin, with most investment funds staying on the sidelines, a trader said.
* The November-January RSX9-F0 canola spread traded 2,273 times, closing unchanged at a $7.90 January premium.
* Chicago soybean futures steadied after falling to a 3-1/2 month low on forecasts for good crop weather, which will aid the crops that were seeded late in the U.S. Midwest.
* The benchmark CBOT November soybean contract SX9 ended unchanged at U.S.$8.57-3/4 a bushel.
* The Canadian dollar strengthened to its highest in nearly six weeks against its U.S. counterpart on Monday, supported by higher oil prices and lowered expectations for a Bank of Canada interest rate cut this year. CAD/