ICE canola futures fall with vegoils

WINNIPEG, Manitoba, May 15 (Reuters) - ICE canola futures were pulled down by a plunge in Chicago soyoil and weakness in other vegoils on Thursday.

• July canola RSN5 settled down $27.10 at $694.40 per metric ton. November RSX5 fell $24 to $668.10. All contract months to May 2026 were down more than 3%.

• Canada's new agriculture minister, Heath MacDonald, said tackling trade issues and tariffs with the U.S. and China will be his first priorities. Chinese tariffs on Canadian canola oil and meal and an ongoing anti-dumping investigation into Canadian canola seed are major concerns in Canada's canola industry.

• Chicago Board of Trade soyoil futures BOv1 fell 5.73%, hammered by worries over rumours of a reduction in U.S. renewable diesel targets.

• Euronext August rapeseed futures COMQ5 fell 1.08%.Malaysian palm oil futures FCPOc3 fell 1.40%. POI/

• The Canadian dollar CAD= rose versus the greenback on speculation the U.S. Federal Reserve will cut rates in coming months because of low inflation numbers reported this week. CAD/