WINNIPEG, Manitoba, May 25 (Reuters) - ICE Canada canola futures slipped on Friday, pressured by weakness in soyoil.
* Canola was underpinned by concerns about dry conditions in Western Canada and supportive weakness in the Canadian dollar, a trader said.
* Technical-trading funds hold an estimated July net long position of 20,000 contracts.
* July canola RSN8 shed 90 cents to $538.10 per tonne.
* New-crop November canola RSX8 lost 70 cents at $525.30 per tonne.
* The July-November canola spread traded 2,353 times.
* Chicago July soybeans SN8 rose on Chinese demand. August Paris Matif rapeseed futures /COMQ8 edged higher and July Malaysian palm oil 1FCPON8 fell.
* The Canadian dollar CAD= was trading at $1.2975 to the U.S. dollar, or 77.07 U.S. cents at 12:36 p.m. CDT (1736 GMT).
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