WINNIPEG, Manitoba, June 21 (Reuters) - ICE (NYSE:ICE) canola futures dipped on Friday, pressured by rains moving across the Canadian Prairies this weekend and weaker soy prices.
* Inadequate moisture levels are slowing the growth of Alberta crops, the Canadian province said. As of June 18, 59% of the canola crop was in good to excellent condition. GRO/ALB
* July canola RSN9 lost $2.40 to $453.40 per tonne.
* Most-active November canola RSX9 gave up $2.40 to $467.30 per tonne.
* July-November canola spread traded 4,217 times.
* Traders and analysts surveyed by Reuters expect, on average, Canadian canola plantings of 20.7 million acres (8.34 million hectares) this year, down from early spring intentions and last year. Statistics Canada will report on Wednesday. Chicago July soybeans SN9 fell on expectations for improved U.S. crop weather. Paris Matif August rapeseed futures /COMQ9 and Malaysian September palm oil futures /FCPOU9 eased.