ICE Canadian canola fell on Monday, pressured by a broad commodities selloff tied to worries of slowing economic growth in China, traders said. But canola trimmed losses to finish only 0.4 percent lower, underpinned by oversold conditions that prompted light technical buying. November canola eased $2.50 to settle at $477.70 per tonne, after earlier falling to $462.30 - the lowest point since May 29.
January canola fell $1.90 to $478.20 per tonne. Chicago November soybeans fell to contract lows on worries about China's economy. Malaysian October palm oil and NYSE Liffe Paris November rapeseed fell. The Canadian dollar was trading at $1.3253, or 75.45 US cents at 2:09 pm CDT (1909 GMT), down from the Bank of Canada's official close on Friday of $1.3169, or 75.94 US cents.