(All figures in Canadian dollars unless noted)
WINNIPEG, Manitoba, Aug 13 (Reuters) - ICE Canada canola
rebounded on Thursday after hitting a two-month low reached in
the previous session, as investors covered short positions.
* Despite the bounce, technical-trading funds continued to
sell, with the November contract trading below its 50-day moving
average, a trader said.
* Canola and other oilseeds and grains fell sharply on
Wednesday after the U.S. government surprisingly raised
estimates of domestic corn and soybean crops.
* November canola RSX5 rose $10.30 to $491.90 per tonne.
* January canola RSF6 gained $9.50 to $490.80 per tonne.
* November-January spread traded 1,585 times.
* Chicago September soybeans SU5 rose on bargain-buying.
* Malaysian October palm oil 1FCPOV5 and NYSE Liffe Paris
November rapeseed COMX5 rose.
* The Canadian dollar CAD= was trading at $1.3073, or
76.49 U.S. cents at 1:16 p.m. CDT (1816 GMT), lower than the
Bank of Canada's official close on Wednesday of $1.2973, or
77.08 U.S. cents.
* Six percent of Saskatchewan canola has been swathed, the
government said in the largest canola-growing province.
GRO/SAS
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ICE Canada canola bounces off 2-month low
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