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ICE canola futures dip on hedges, technical selling

Published 2018-11-02, 02:31 p/m
ICE canola futures dip on hedges, technical selling
ICE
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CALGARY, Alberta, Nov 2 (Reuters) - ICE (NYSE:ICE) canola futures slipped on Friday, pressured by commercial hedges ahead of the weekend and technical selling.

* Alberta's canola harvest was 92 percent complete as of Tuesday, but crop quality is below average, the provincial government said. GRO/ALB

* Most-active January canola RSF9 shed $4.30 to $485.30.

* Chicago January soybeans SF9 rose on hopes for easing U.S.-China trade tensions. February Paris Matif rapeseed futures /COMG9 slipped and Malaysian December palm oil futures /1FCPOX8 edged higher.

* The Canadian dollar CAD= was trading at 1.3103 to the U.S. dollar, or 76.32 U.S. cents, at 1:19 p.m. CDT (1819 GMT).

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