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ICE canola futures slip but hold above session lows

ICE canola futures were declining Wednesday but off their session lows. An analyst cited resistance after prices peaked above C$840/metric ton, alongside weaker crude oil prices, which later turned modest.

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WINNIPEG, Manitoba--Intercontinental Exchange canola futures were declining Wednesday but had come away from their session lows.An analyst said canola ran into resistance when it peaked above C$840 per metric ton and then fell back with weaker crude oil prices.However, crude has since turned modest…