Canadian Canola Futures Fall

ICE Canadian canola futures fell on Thursday the most in six weeks, stumbling to a 2.8 percent loss for the holiday-shortened week.

Stronger Canadian dollar, after data that showed a surprising trade surplus in September on energy exports, and declining US grains pressured canola.

Funds may have added to short positions, increasing pressure on technically weak canola.

ICE Futures Canada closed on Friday for Canada's Remembrance Day holiday.

Canola volume of nearly 21,000 contracts was most since October 25, as speculators moved to new clearing firms after MF Global bankruptcy.

Also due to three-day weekend - trader.

Most-active January canola futures fell $9 or 1.7 percent at $515.50 on volume of 15,318 contracts, notching the biggest daily percentage drop for the contract since September 30.

January touched $511.50, the contract's lowest price in 11 months.