WINNIPEG, Manitoba, Nov 6 (Reuters) - ICE (NYSE:ICE) canola futures slipped on Tuesday, pressured by technical selling and commercial hedges due to farmers selling the new harvest.
* Funds sold an estimated 2,000 January contracts, taking their net short position to 17,000 contracts, a trader said.
* Modest bargain-buying was seen limiting canola's losses.
* Most-active January canola RSF9 dipped 70 cents to $481.70 per tonne, and set a fresh contract low.
* January-March canola spread traded more than 1,100 times.
* Chicago January soybeans SF9 lost ground on positioning ahead of a U.S. Department of Agriculture report due on Thursday. February Paris Matif rapeseed futures /COMG9 eased.
* The Canadian dollar CAD= was trading at $1.3132 to the U.S. dollar, or 76.15 U.S. cents at 1:11 p.m. CST (1911 GMT).