WINNIPEG, (Manitoba): ICE canola futures rose on Tuesday and halted a three-day skid, boosted by stronger soy prices. Canola’s gains lagged those of soybean oil and soybeans, and speculator funds appear to be reducing long canola positions heading to year-end, a trader said.

Most-active March canola gained $8.30 to settle at $854.20 per tonne. March-May canola spread, the most active inter-month spread, traded 4,169 times.

Chicago soybean futures rose but improved South American weather capped gains. Euronext February rapeseed futures eased.