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ICE Canada canola falls to more than 3-month low

Published 2015-09-02, 02:26 p/m
ICE Canada canola falls to more than 3-month low

(All figures in Canadian dollars unless noted)
WINNIPEG, Manitoba, Sept 2 (Reuters) - ICE Canada canola
dipped on Wednesday for the third straight session, touching a
more than three-month low, in a seasonal slide with harvest
advancing.
* Funds were modest sellers, and hold a net short position,
a trader said.
* Statistics Canada reports on Thursday about July 31, 2015
crop stocks. Trade expects 43 percent drop in canola stocks.
ID:nL1N10W2FY
* Most-active November canola RSX5 lost $1.30 to $465.80
per tonne.
* January canola RSF6 gave up $1.10 to $471.60 per tonne.
* November-January spread traded 1,711 times.
* Chicago November soybeans SX5 slipped on forecasts for a
big U.S. harvest. ID:nC3N0XP01V
* Malaysian November palm oil 1FCPOX5 and NYSE Liffe Paris
November rapeseed COMX5 fell.
* The Canadian dollar CAD= was trading at $1.3263, or
75.40 U.S. cents at 1:06 p.m. CDT (1806 GMT), down from the Bank
of Canada's official close on Tuesday of $1.3222, or 75.63 U.S.
cents.


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