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ICE canola futures climb on soy strength

Published 2020-11-17, 02:48 p/m

(All figures in Canadian dollars unless noted)

WINNIPEG, Manitoba, Nov 17 (Reuters) - ICE (NYSE:ICE) canola futures rose on Tuesday for the fifth time in six sessions, pulled up by rising soy markets.

* Canola has over the past two weeks lagged soy gains, even as canola crush margins are high, a broker said.

* January canola RSF1 gained $4.30 to $563.60 per tonne.

* January-March canola spread traded 4,567 times.

* U.S. soybean futures Sv1 rose to their highest in more than four years as expectations of more U.S. exports coupled with record-large U.S. domestic soybean crushings faced tight supplies. GRA/

* Euronext February rapeseed futures /COMG1 rose and Malaysian February palm oil futures /FCPOG1 slipped.

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