WINNIPEG, Manitoba, Jan 17 (Reuters) - ICE (NYSE:ICE) canola futures gained on Thursday, lifted by a sharp rise in soyoil prices and weakness in the Canadian dollar.
* Canola had become oversold, and much of the buying was short-covering, a trader said.
* Most-active March canola RSH9 gained $3.80 to $483.20 per tonne.
* March-May canola spread traded 1,918 times.
* Chicago March soybeans SH9 climbed on South American weather concerns and technical buying. February Paris Matif rapeseed futures /COMG9 eased and Malaysian April palm oil futures /1FCPOJ9 rose.
* The Canadian dollar CAD= was trading at $1.3298 to the U.S. dollar, or 75.20 U.S. cents at 1:08 p.m. CST (1908 GMT).