(All figures in Canadian dollars unless noted) WINNIPEG, Manitoba, May 5 (Reuters) – ICE Canada canola futures rose on Tuesday for the third straight session, boosted by strength in soyoil, a competing vegetable oil. * Funds seen as light buyers of July canola, with the contract trading over its 100-day moving average. Funds are estimated with a net short position of 5,000 contracts. * Strength in the Canadian dollar and commercial hedges limited gains. * Statistics Canada to report crop stocks on Wednesday. Canadian canola stocks at March 31, 2015 seen down 14 percent, but second-highest level on record, according to Reuters trade survey. [L1N0XQ2J8] * Most-active July canola RSN5 added $1.50 at $458.80 per tonne. * New-crop November canola RSX5 also rose $1.50 to $450.40 per tonne. * ICE Futures Canada reported delivery of 140 May contracts. Expiry for the nearby contract is May 14. * July-November spread traded 3,578 times. * Chicago Board of Trade July soybeans SN5 gained on firm cash markets and soyoil exports. [C3N0WD01Q] * Malaysian July palm oil 1FCPON5 climbed 2.6 percent and NYSE Liffe Paris August rapeseed COMQ5 gained 0.6 percent. * The Canadian dollar CAD= was trading at $1.2049, or 82.99 U.S. cents at 12:44 p.m. CDT (1744 GMT), higher than the Bank of Canada’s official close of $1.2092, or 82.70 U.S. cents. (Reporting by Rod Nickel in Winnipeg, Manitoba) (([email protected])(1 204 230 6043)(Reuters Messaging: [email protected])) Keywords: MARKETS WINNIPEG/