WINNIPEG, Manitoba, June 10 (Reuters) - ICE (NYSE:ICE) canola futures finished mixed on Monday, underpinned by strength in soybeans on ideas that drier U.S. weather might have allowed farmers to plant more corn instead of soybeans.
* Canola's strength was multiplied by investors covering part of a large net short position, a trader said.
* July canola RSN9 added $1.40 to $454.40 per tonne.
* November canola RSX9 lost 50 cents to $464.20 per tonne.
* Weekend rains were beneficial for much of Alberta and Manitoba, but sporadic for Saskatchewan, where dryness is most acute, Exceed Grain Marketing analyst Wayne Palmer said in a note.
* July-November canola spread traded a brisk 15,768 times.
* Chicago July soybeans SN9 gained on position-squaring ahead of a government report on Tuesday, and U.S. planting uncertainty. Paris Matif August rapeseed futures /COMQ9 edged higher and Malaysian August palm oil futures /FCPOQ9 dipped.
* The Canadian dollar CAD= was little changed against its broadly stronger U.S. counterpart on Monday, pulling back from an earlier three-month high which was reached after the United States and Mexico announced a deal on immigration. CAD/