ICE Canadian canola futures slid on Friday for the fourth time in five sessions, following soya lower on improving US weather and a strong Canadian dollar Alberta soil moisture ratings deteriorated as crop planting wraps up. July canola lost $1.70 to $453 per tonne.
July-November canola spread traded 4,861 times. Chicago July soyabeans slipped with the western corn belt expected to get a window of dry weather to seed crops. Paris Matif August rapeseed futures eased and Malaysian August palm oil futures fell. The Canadian dollar strengthened to a seven-week high against its US counterpart on Friday, boosted by data showing a record low unemployment rate.