WINNIPEG, Manitoba, May 8 (Reuters) - ICE (NYSE:ICE) canola futures eased on Wednesday, dragged down by soy weakness.
* Canola's losses were limited by exporter pricing and modest short-covering early in the session, a trader said. The new-crop November contract ended unchanged.
* But investors sold the short-lived rally, as fundamentals looked bearish amid big Canadian canola stocks and China refusing to buy canola seed from Canada, the trader said.
* July canola RSN9 lost 80 cents to $437.50 per tonne.
* July-November canola spread traded 3,184 times.
* Chicago July soybeans SN9 fell on jitters over U.S.-China trade talks. Paris Matif August rapeseed futures /COMQ9 edged higher and Malaysian July palm oil futures /1FCPON9 eased.
* The Canadian dollar CAD= strengthened against its U.S. counterpart on Wednesday but held to a narrow range, as oil prices increased and domestic housing starts rose sharply in April. CAD/