ICE Canadian canola futures ended unchanged in the nearby contract and slightly higher for the deferred contracts on Thursday, underpinned by modest technical and crusher buying. Strong margins prompted crushers to buy canola for delivery in January and March, lifting those contracts, a trader said.

November canola settled flat at $453.10 per tonne. The November contract broke through resistance at $453, before falling below the 50-day moving average. The day's highs were seen prompting funds to cover some of their short positions.

Copyright Reuters, 2019