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ICE canola reaches 11-day high on soy strength, export sales

Tuesday, 23 October 2012 By Abdul Ahad WINNIPEG: ICE Canada canola futures climbed to an 11-day high on Monday, lifted by strength in soybeans and execution of export sales, traders said. * Weaker Canadian dollar also supported. * Commercial hedges pared gains in late trading as high prices encouraged farmer selling to cash market. * Crush margins, a measure of profitability for seed processors, improved week over week as of Thursday, but remain low compared to a month and…

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