(All figures in Canadian dollars unless noted)
WINNIPEG, Manitoba, Feb 4 (Reuters) - ICE (NYSE:ICE) canola futures mostly rose on Thursday ahead of a Canadian government stocks report, but investors traded delivery months in different ways to manage tight supplies.
* Trade expects Statistics Canada on Friday to estimate total canola stockpiles as of Dec. 31, 2020, of 12.3 million tonnes, down from 15.9 million a year earlier. March canola RSH1 added 40 cents to $695.50 per tonne.
* The most-active May contract RSK1 dipped by 80 cents to $675.60, while the new-crop November contract RSX1 jumped $9.90 to $561.10.
* The November contract holds the most open interest, a rare occurrence early in the year, as commercials lock up the next harvest's supplies, a broker said.
* Higher soyoil prices underpinned canola, the broker said.
* March-May canola spread traded 3,149 times.
* U.S. soybean futures Sv1 rose slightly as traders weighed rain delays to Brazil's harvest. GRA/
* Euronext May rapeseed futures /COMK1 edged higher and Malaysian April palm oil futures /FCPOH1 rose nearly 3% on declining stocks expectations. POI/