ICE canola futures rise for third straight session, boosted by soy strength

WINNIPEG: ICE canola futures rose on Friday for a third straight session, aligned with gains in soybeans.

* Strong crush margins underpin canola prices, a trader said. He added that the market is in a holding pattern until harvest results begin to roll in.

* 69% of canola is in good to excellent condition in Alberta, the government of the Canadian province said.

* November canola added $1.20 to $452.40 per tonne.

* November-January canola spread traded 909 times.

* Chicago November soybeans rose on bargain buying and export sales.

* Paris Matif November rapeseed futures gained modestly and Malaysian October palm oil futures dipped.

* The Canadian dollar edged higher against its US counterpart on Friday, with the currency rebounding from an eight-day low it hit the previous session as investor appetite for risk improved.