Canadian canola futures fall

ICE Canadian canola futures eased on Thursday in thin trading, weakened by lower soybean oil. Volumes have been light in recent sessions, with a lack of clear direction for the canola market, a trader said. Dryness concerns persist in Alberta, but some analysts expect average yields in Western Canada. November canola lost $1.10 to $440.90 per tonne.
Chicago Board of Trade November soybeans gave up 2 US cents at US $10.78 per bushel. October soyoil dipped 0.17 US cent to 35.79 US cents per pound. Malaysian October palm oil edged up 0.3 percent. NYSE Liffe Paris November rapeseed tacked on 0.4 percent. Canadian dollar was trading at $1.0923 or 91.55 US cents at 1:00 pm CDT (1800 GMT), down from Wednesday's close at $1.0913 to the greenback, or 91.63 US cents.