ICE Canadian canola futures dipped on Thursday, pressured by weakness in soyaoil after three straight gains. Commercial hedges also applied pressure, as farmers had stepped up sales to the cash market after canola's earlier price rally, a trader said. January canola lost $3 to $477.40 per tonne. Most-active March canola shed $2.70 to $485.80. January-March canola spread traded 6,405 times, as investors rolled positions forward.