CHICAGO, Oct 10 (Reuters) - ICE (NYSE:ICE) Canada canola futures fell on Thursday, pressured by commercial hedging after farmers booked cash market sales following the market's run-up earlier this week to its highest level since February, traders said
* The front-month contract RSc1 dropped 0.8 percent, its biggest one-day decline in percentage terms since July 31.
* The canola harvest in Saskatchewan was 40 percent complete, with average crop yields estimated at 38 bushels per acre, the provincial government said in its weekly crop report. Benchmark November canola futures RSX9 settled down $3.80 at $459.50 per tonne.
* The November-January RSX9-F0 canola spread traded 11,922 times, closing at a $8.70 January premium. The January-March spread RSF0-H0 traded 2,965 times and the March-May spread RSH0-K0 traded 1,311 times.
* Chicago Board of Trade November soybeans SX9 fell 1/4 U.S. cent to US$9.23-1/2 a bushel.
* The Canadian dollar strengthened against its U.S. counterpart on Thursday, recovering from an earlier one-week low, as investors hoped for progress in trade talks between the United States and China. CAD/