ICE Canadian canola futures eased on Friday, snapping a four-day winning streak, pressured by strength in the Canadian dollar and a lack of export demand. Canola pared losses in late trading, and a trader said limited farmer selling to cash buyers underpinned the market. Most-active March canola dipped 70 cents to $498.20.

ICE Futures Canada said there were no deliveries of the January contract on Friday. March-May canola spread traded 4,331 times. Chicago March soyabean futures closed higher on Argentine weather concerns. NYSE MATIF February rapeseed and Malaysian March crude palm oil edged higher.

Copyright Reuters, 2018