ICE Canadian canola futures settled mostly unchanged on Thursday pressured by a stronger Canadian dollar but underpinned by limited farmer sales. March canola ended unchanged at $503.60 per tonne. Funds liquidated the last of their long position in the March contract, a trader said. May canola edged up 20 cents to $510.30 per tonne. March-May canola traded 1,771 times. ICE reported delivery of 250 January contracts. Contract expires January 13.
Chicago March soybeans dipped on profit-taking. NYSE Liffe February rapeseed and Malaysian March crude palm oil slipped. The Canadian dollar was trading at $1.3233 to the US dollar, or 75.57 US cents, at 1:10 pm CST (1910 GMT), above Wednesday's close of $1.3308, or 75.14 US cents.