ICE Canadian canola futures ended mixed on Friday, on technical selling for the nearby contract and modest buying of deferred supplies. Later contracts are supported by concerns about dryness in Western Canada and uncertainty about spring planting levels, a trader said.
Most-active July canola lost $1 to $527.10 per tonne. The new-crop November canola rose $1.10 at $520 per tonne.
ICE Futures Canada reported delivery of no May contracts on Friday. The contract expires on May 14. The July-November canola spread traded 3,057 times.
Chicago July soyabeans dropped on disappointment over US-China talks. August Paris Matif rapeseed futures eased and Malaysian July crude palm oil edged higher. The Canadian dollar was trading at $1.2841 to the US dollar, or 77.88 US cents at 12:56 pm CDT (1756 GMT).
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