ICE Canada canola futures rose on Friday to halt a four-session skid, lifted by stronger soyoil markets to finish with a 0.3 percent gain on the week. Talk of fresh export sales supported the market, a trader said. Traders were evening positions ahead of the last weekend for planting before some Western Canada crop insurance deadlines. Most of the crop has been seeded, except for wet pockets in western Manitoba and eastern Saskatchewan.
July canola rose $9.10 to $463.50 per tonne. Most-active November canola added $10.10 to $460.60 per tonne. July-November spread narrowed to a July premium of $2.90.
