ICE Canadian canola futures eked out small gains on Friday, nudged higher by weakness in the Canadian dollar, but they registered a weekly loss. Demand concerns overhang canola with China set to toughen a shipping standard on September 1, but Canadian sales to China have continued. November canola gained 10 cents at $459.70 per tonne, lost 2.3 percent for the week.
January canola added 20 cents at $467. November-January canola spread traded 1,945 times. Chicago November soybeans dropped on technical selling and strong US crop prospects.
NYSE Liffe November rapeseed and October Malaysian palm oil declined.
The Canadian dollar was trading at $1.2985 to the US dollar, or 77.01 US cents at 12:36 pm CDT (1736 GMT) lower than Thursday's close of $1.2926.
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