WINNIPEG, Manitoba, May 29 (Reuters) - ICE (NYSE:ICE) canola futures climbed on Wednesday for the fourth straight session, as concerns about U.S. planting delays buoyed soy prices.
* The canola market is also supported by limited farmer selling of last year's harvest, a trader said. Canola prices bottomed to a four-year low in April, and farmers are hopeful of a continued recovery if dry conditions in Western Canada persist, the trader said.
* July canola RSN9 gained $7.30 to $458.20 per tonne. It touched the highest nearby price in nearly seven weeks.
* July-November canola spread traded 10,706 times.
* Chicago July soybeans SN9 rose as muddy fields and forecasts for more rain threatened to add to planting delays. Paris Matif August rapeseed futures /COMQ9 and Malaysian August palm oil futures /1FCPOQ9 also gained.
* The Canadian dollar CAD= weakened to a near five-month low against the greenback on Wednesday before paring its decline, as the Bank of Canada was less hawkish than some investors had expected and as global trade tensions weighed on financial markets. CAD/