WINNIPEG: ICE Canada canola futures slid on Tuesday for the third straight session, pressured by long liquidation and weaker soy markets.
Demand has cooled in recent sessions, a trader said.
March canola dipped $1 at $516.70 per tonne.
Most-active May canola lost $2.40 to $522.60 per tonne.
March-May canola spread traded 7,933 times.
Chicago Board of Trade March soybeans dropped on expectations for a large South American crop.
The NYSE Liffe May rapeseed and April Malaysian palm oil fell.—Reuters