(All figures in Canadian dollars unless noted)
WINNIPEG, Manitoba, Sept 18 (Reuters) - ICE (NYSE:ICE) canola futures eased on Friday as commercials hedged new Canadian supplies during the harvest.
* Short-covering and modest speculator buying underpinned prices, but funds are long an estimated 50,000 canola contracts and unlikely to buy much more, a trader said.
* November canola RSX0 dipped 60 cents to $531.30 per tonne.
* November-January canola spread traded 6,227 times.
* In the Canadian province of Alberta, 12.5% of canola has been harvested. GRO/ALB
* U.S. soybean futures Sv1 extended their bull run, setting a two-year high as top global buyer China continued with daily purchases of U.S. soybeans. GRA/
* Euronext November rapeseed futures /COMX0 rose and Malaysian November palm oil futures /FCPOX0 surged more than 3%.