WINNIPEG, Manitoba, Nov 5 (Reuters) - ICE (NYSE:ICE) canola futures lost ground on Monday, falling to contract lows due to sales of newly harvested crop by farmers and technical selling.
* With soyoil futures falling sharply, canola crushers who factor soyoil prices into their margin calculations were not buying canola, an analyst said.
* Most-active January canola RSF9 lost $2.90 to $482.40.
* Chicago January soybeans SF9 fell on technical selling and favorable South American weather. February Paris Matif rapeseed futures /COMG9 and Malaysian December palm oil futures /1FCPOX8 dipped.
* The Canadian dollar CAD= was trading at $1.3102 to the U.S. dollar, or 76.32 U.S. cents at 12:41 p.m. CST (1841 GMT).