ICE canola futures soften on farmer delivery pressure

WINNIPEG, Manitoba, Oct 20 (Reuters) - ICE canola futures edged lower for a third session on Monday as post-harvest delivery pressure and a lack of Chinese exports continued to weigh on the market.

• January canola RSX5 settled down $0.80 at $615.40. Volume and open interest are steadily moving from November to January, with January now the most-traded contact.

• Almost all of Western Canada's farmers have finished harvesting their canola crops and many are keen to move some of it into the grain elevator system, which is lowering the prices farmers receive, two traders said.

• Chicago Board of Trade soybean futures Sv1 hit a one-month high after U.S. President Donald Trump said he expects China to agree to buy U.S. soy products again. None have been moving during the present U.S.-China trade standoff.

• Soyoil futures BOv1 rose 0.35% on China hopes.

• Euronext rapeseed futures COMc1 rose 0.32%.

• The Canadian dollar CAD= weakened against the U.S. dollar. CAD/