WINNIPEG: ICE Canadian canola futures rose on Tuesday, resuming a steady march higher after snapping a six-day winning streak the previous session, on strength in palm and soyoil prices.

Canola reversed earlier losses that may have been due to commercial hedges, a trader said.

November canola added $2.90 to $501.10 per tonne.

November-January canola spread traded 5,117 times.

US corn and soyabean futures consolidated after recent rallies, as questions lingered about the size of upcoming harvests.-