* Fund selling on worsening technicals and commercial hedges late in the session extended canola's losses - trader.

* November canola lost $30, or 4.6 percent, to $621.60 per tonne on volume of 14,432 contracts, snapping a three-session winning streak.

* January canola shed $29.70 to $625.40 on volume of 5,846 contracts.

* November-January spread widened to a January premium of $3.80, trading 5,637 times.

* Chicago Board of Trade November soybeans plunged the maximum daily limit 70 US cents at US$16.69 per bushel.

* MATIF November rapeseed lost 2.4 percent.

* Canadian dollar was trading at $0.9747 against the US dollar or US$1.0260 at 1:53 p.m. CDT (1853 GMT), down from Friday's close at $0.9712 versus its US counterpart, or US$1.0297.

* EU Commission to cap food-based biofuels in major shift.

* Exporters sell 210,000 tonnes US soybeans to unknown.