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