ICE Canadian canola futures rose on Tuesday after overnight temperatures in parts of Western Canada dipped to just above freezing. Chilly weather slowed crop growth, with some fields developing behind schedule. Heavy rains on the weekend also halted harvesting in parts of Manitoba. Spread trades involving buying canola and selling soybeans may also have supported the market, an analyst said. November canola added $3.10 at $423.40 per tonne.
Chicago Board of Trade November soybeans fell 1-1/4 US cents at US $10.28 per bushel. Malaysian October palm oil shed 1.1 percent. NYSE Liffe Paris November rapeseed added 0.8 percent. Canadian dollar was trading at $1.0954 or 91.29 US cents at 12:52 pm CDT (1752 GMT), up from Monday's close at $1.0981 to the greenback, or 91.07 US cents.
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