ICE canola futures rise for a fifth straight session

WINNIPEG, Manitoba - April 11 (Reuters) - ICE canola futures finished the week with a fifth straight gain, rising almost $40 per metric ton since Monday.

• January canola RSK5 settled up $6.70 at $660.70 per metric ton, a level traders said will encourage farmers to sell whatever crops they still have in store. November RSX5 rose $5.90 to $642.80, a level traders said will reassure Canadian farmers who had been worried about tariffs from the U.S. and China and considering reducing canola acres this spring.

• Canadian crushers continue to process canola seed at a steady pace, while exports have been hectic and well above year-before levels, encouraging worries that Canadian canola supplies will soon need to ration demand.

• Chicago Board of Trade soybean futures Sv1 rose 1.34% on Friday and rose more than 7% for the week, and soyoil futures BOv1 rose 2.22% on Friday for a third day of gains.

• Euronext August rapeseed futures COMc1 rose 2.05% on Friday but moved little during the week. Malaysian palm oil futures FCPOc3 rose 0.29% but were little moved over the week despite volatile trade. POI/

• The Canadian dollar CAD= gained another 0.7% against the greenback, with a 2.4% gain for the week as markets react to uncertainty over the U.S. economic outlook due to trade war impacts. CAD/