ICE Canadian canola futures lost ground on Monday, dragged lower by a steeper plunge in soyabeans, due to renewed trade war fears.
Asia-Pacific leaders failed to agree on a communique at a summit on Sunday as deep divisions between the United States and China over trade stymied cooperation. January canola lost $3.70 to $473.20. March canola shed $3.70 to $481.10.
Chicago January soyabeans gave up 2 percent due to the trade jitters. February Paris Matif rapeseed futures dipped and Malaysian February ppalm oil futures edged higher. The Canadian dollar was trading at $1.3180 to the US dollar, or 75.87 US cents at 1:36 p.m. CST (1736 GMT).