WINNIPEG, Manitoba, Jan 2 (Reuters) - ICE (NYSE:ICE) canola futures rose on Wednesday in thin volumes, following strength in U.S. soybean prices over concerns about Brazil's crop.
* Canola sales to cash buyers by Canadian farmers have been light during the holidays and recent cold weather, but milder air moving in could accelerate sales, a trader said.
* Most-active March canola RSH9 gained $4.60 to $488.80 in light trade, with some traders on holidays this week.
* ICE reported no deliveries of January canola, with the contract expiring.
* March-May canola spread traded 1,073 times.
* Chicago March soybeans SH9 rose on stress to the Brazilian soy crop.
* February Paris Matif rapeseed futures /COMG9 ended unchanged and Malaysian March palm oil futures /1FCPOH9 gained 2 percent.
* The Canadian dollar CAD= was trading at $1.3591 to the U.S. dollar, or 73.58 U.S. cents, at 1:26 p.m. CST (1926 GMT).