Canola futures fell on Monday, with the biggest declines in the nearby July contract.
The canola market was pressured by losses in the Chicago soy complex, amid expectations of good US Midwest planting progress. Losses in European rapeseed future added to the downside, as did losses in Malaysian palm oil, which fell for the fifth straight session.
Strength in the Canadian dollar and weakness in crude oil also helped to send canola to losses on the day.
July canola lost $6.30 to $701.70, and November eased 50 cents to $656.90.
