ICE Canadian canola futures eased on Monday, extending a three-day pullback from a six-month high last week. Trading volumes were thin with US markets closed. Canola may have also felt pressure from commercial hedges, a trader said. Most-active March canola eased 90 cents to $449.70 per tonne. March-May spread widened to a March premium of $5.80, trading 1,335 times. NYSE Liffe Paris February rapeseed gained 0.3 percent. Malaysian March palm oil slipped 0.2 percent.
The Canadian dollar CAD was trading at $1.1955, or 83.65 US cents at 1:03 pm CST (1903 GMT), up from Friday's close at $1.1968, or 83.56 US cents.