WINNIPEG, Manitoba, Aug 15 (Reuters) - ICE (NYSE:ICE) canola futures rose on Thursday, boosted by demand from crushers.
* Crush margins have steadily climbed, due to canola's recent declines, spurring buying by crushers, a trader said.
* Canola's gains may also reflect spreads in which traders buy canola and sell soybeans, the trader said.
* November canola RSX9 gained $1 to $451.20 per tonne.
* November-January canola spread traded 2,364 times.
* Chicago November soybeans SX9 dropped on a forecast for rain in the U.S. Midwest. Paris Matif November rapeseed futures /COMX9 rose and Malaysian October palm oil futures /FCPOV9 fell 2% on concerns of a U.S. recession. POI/
* The Canadian dollar CAD= held close to an eight-day low it hit earlier in the session as investors raised bets for an interest rate cut this year by the Bank of Canada. CAD/
* Harvest is underway in Saskatchewan, the government of the Canadian province said. GRO/SAS