CHICAGO, May 23 (Reuters) - ICE (NYSE:ICE) Canada canola futures dropped on Thursday, pressured by falling soybeans, weakness in the crude oil market and export concerns amid a trade dispute with China, traders said.
* Canola firmed early on some mild concerns about dry conditions hampering growth of the recently seeded crop and some weakness in the dollar.
* July canola RSN9 settled $4.00 lower at $441.80 per tonne.
* The contract failed to hold support above the 30-day moving average for the third time in the last four sessions.
* July-November canola spread traded 3,146 times.
* Chicago July soybeans SN9 closed 7 cents lower at $8.21-1/2 a bushel on technical buying.
* Paris Matif August rapeseed futures /COMQ9 dipped 0.2 percent and Malaysian July palm oil futures /1FCPON9 dropped 1.9 percent.
* The Canadian dollar weakened against its U.S. counterpart on Thursday, as investor worries about the trade war between the United States and China overshadowed domestic data showing a stronger-than-expected gain for wholesale trade.