Canola dipped again on Thursday, weighed down by weaker palm oil and European rapeseed.
U.S. markets were closed for Thankgiving.
Commercial hedging also weighed on canola, a trader told Reuters.
The Canadian dollar edged lower against its U.S. counterpart on Thursday, pulling back from an earlier 10-day high, after domestic data showed retail sales rose far less than expected in September.
Light crude oil nearby futures in New York were at US$58.56 per barrel.
In the afternoon, the Canadian dollar was trading around US78.63 cents, down from 78.74 cents the previous trading day. The U.S. dollar was about C$1.27.
Winnipeg ICE Futures Canada dollars per tonne.
Canola Jan 18 512.70s -2.60 -0.50%
Canola Mar 18 520.50s -2.80 -0.54%
Canola May 18 525.30s -2.70 -0.51%
Canola Jul 18 528.00s -2.80 -0.53%
Canola Nov 18 504.90s -1.30 -0.26%