April 10 (Reuters) - ICE Canada canola futures closed lower Tuesday for a second straight session on profit-taking after multimonth highs set this week, traders said.
* Additional pressure stemmed from a stronger Canadian dollar, which tends to make Canadian products less attractive to those holding other currencies.
* May canola RSK8 ended down $3.90 at $527.10 per tonne. The contract on Monday reached $534.10, the highest spot price on a continuous chart RSc1 since June, before retreating.
* July canola RSN8 fell $4 to $532.70 and new-crop November RSX8 settled $1.80 lower at $519.90 a tonne.
* Spreading was a feature as funds and other traders continued to roll May positions forward ahead of the contract's delivery period.
* Allied Chicago Board of Trade soybean 0#S: futures rose on a bullish ending stocks forecast in the U.S. Department of Agriculture's monthly supply/demand report, while CBOT soymeal futures lost ground to soyoil. The Canadian dollar CAD= strengthened to a six-week high against its U.S. counterpart as higher oil and stock prices signaled easing investor concerns about an escalating U.S.-China trade row. CAD/
* NYSE MATIF May rapeseed COMK8 and Malaysian May crude palm oil 1FCPOK8 futures declined.