WINNIPEG, Manitoba, Jan 4 (Reuters) - ICE (NYSE:ICE) canola futures dipped on Friday after posting consecutive gains, pressured by a stronger Canadian dollar.
* The dollar's gains, which made canola less competitive in global trade, climbed on investor optimism about U.S.-China trade talks and bets for no further Bank of Canada interest rate hikes. Most-active March canola RSH9 lost $3.70 to $485.40 per tonne.
* ICE reported no deliveries of January canola, ahead of the contract expiring on Jan. 14.
* March-May canola spread traded 1,119 times.
* Chicago March soybeans SH9 rose on hopes about U.S.-China trade talks. February Paris Matif rapeseed futures /COMG9 and Malaysian March palm oil futures /1FCPOH9 gained ground.
* The Canadian dollar CAD= was trading at $1.3396 to the U.S. dollar, or 74.65 U.S. cents at 1:12 p.m. CST (1912 GMT).