ICE canola futures follow soyoil higher, end week up

ICE canola futures rose on Friday and for the week, following Chicago soyoil.

• U.S. Department of Agriculture reports on Friday were seen as neutral for crop supplies, with little to change trader expectations.

• November canola (RSX5) settled up $8.00 at $639.70 per metric ton. January (RSF6) settled up $8.20 at $652.20. Over the week canola futures rose four times and only fell on Tuesday.

• Canadian Prime Minister Market Carney's office said Friday that a Canadian delegation that visited China this week had constructive talks on China's tariffs and duties.

• Chicago Board of Trade soyoil futures (BOv1) rose 1.1%.

• Euronext rapeseed futures (COMc1) rose 1.39%.

• Malaysian palm oil futures FCPO1! fell 0.23% on profit-taking and heavy inventories.

• The Canadian dollar USDCAD fell for the week and on Friday, but has shown little clear direction since Monday's decline.