(All figures in Canadian dollars unless noted)
July 24 (Reuters) - ICE Canada canola futures closed lower
on spillover weakness from Chicago soybean markets on Friday
despite an outlook for canola stocks to shrink due to a smaller
harvest, traders said.
* November canola RSX5 closed $7.60 per tonne lower at
$508.80.
* Chicago November soybeans SX5 ended 15-1/2 cents lower
at $9.65.
* The annual CWB Market Research Services crop tour
estimated Canadian canola yields at 29.3 bushels per acre on
average, down from last year's 34.4 bushels and the lowest in
three years due to drought. Parts of Alberta and Saskatchewan
received less than 40 percent of normal rainfall during May and
June. ID:nL1N1041A7
* Malaysian November palm oil 1FCPOX5 and NYSE Liffe Paris
November rapeseed COMX5 also ended lower.
* The Canadian dollar CAD= was at $1.3039, or 76.69 U.S.
cents, at 3:30 p.m. CDT (2030 GMT), even with the Bank of
Canada's official close on Thursday.