WINNIPEG, Manitoba, May 7 (Reuters) - ICE (NYSE:ICE) canola futures rose on Tuesday, halting a seven-day skid, on commercial buying and weakness in the Canadian dollar.
* Exporter demand was likely behind commercial buying, a trader said.
* Canola bounced despite a government report showing big stockpiles.
* Statistics Canada pegged the country's total canola stocks as of March 31, 2019 at 10 million tonnes, up 10.5 percent from a year earlier. It was slightly below the average trade estimate of 10.2 million. July canola RSN9 tacked on $5.90 to $438.30 per tonne.
* July-November canola spread traded 2,994 times.
* Chicago July soybeans SN9 unofficially ended up slightly on short-covering. Paris Matif August rapeseed futures /COMQ9 edged higher and Malaysian July palm oil futures /1FCPON9 rose nearly 3 percent.
* The Canadian dollar CAD= weakened against its U.S. counterpart on Tuesday as investors worried that trade negotiations between the United States and China were unraveling, which could hurt the global economy. CAD/