ICE Canadian canola futures fell on Friday to their lowest nearby price in nearly three months, weakened by lower soya prices and technical selling. Funds, which trade on technical indicators, have sold nearly all their net long position, a trader said. Favourable crop conditions also weigh on canola. Alberta soil moisture levels are improving, the provincial government said. July canola shed $2.70 to settle at $517.50 per tonne. New-crop November canola gave up $2.30 at $511.10 per tonne.