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ICE Canadian canola futures rose on Tuesday to a nearly three-month high, helped by a weaker Canadian dollar and strength in US soya markets. March canola added $2.20 to end at $505.30 per tonne. May canola gained $3.10 to $511.30 per tonne. It touched $512.90, the highest price for a most-active contract since November 30. March-May canola spread traded 9,318 times.

Chicago March soyabeans gained on dry conditions in Argentina and a rally in soyameal. NYSE MATIF May rapeseed rose slightly and Malaysian May crude palm oil dipped.

Copyright Reuters, 2018


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