ICE canola futures slide for third straight day

ICE canola futures eased on Thursday with soybeans and European rapeseed, losing ground for the third straight day.

* Canola's drop was a routine pullback after seasonal rallies this month, a trader said.

* May canola (RSK4) shed 80 cents to settle at $626.40 per metric ton.

* Most-active canola posted a monthly gain in March for the first time in four months.

* May-July canola spread, the most active inter-month spread, traded 7,578 times.

* Canola futures will not trade on Friday for the Good Friday holiday.

* U.S. farmers are planning to cut corn plantings by more than expected in 2024 while expanding soybean seedings, the U.S. Department of Agriculture said, as low crop prices and high input costs have many growers looking to cut expenses.

* Chicago Board of Trade soybean futures Sv1 finished lower.

* Euronext May rapeseed futures (/COMK4) also dipped.