Canadian canola futures down

ICE Canadian canola futures ended lower on Wednesday, tempered by a stronger Canadian dollar, traders said. January canola ended down 60 at $386.80 per tonne on a volume of 3,859 contracts. March fell 40 cents to $393.80, with 5,100 contracts traded.
Funds continued to be active rolling positions forward with 3,160 January/March spread trades at between $6.30 and $7.20. There were 1,035 January-July spread between $24.80 and $26. Traders said values were held back by a stronger Canadian dollar, and underpinned by gains in US soybean futures. There was little new business to talk about and only routine selling, traders said.