Headline News


Howard Leaman                                                     Nov 21/17

     Canola traded on both sides of unchanged on Tuesday, ending lower. The
weakness was attributed to strength in the Canadian dollar, technical
selling and spillover selling from soybeans and meal. The Canadian dollar
gained about a quarter of a cent against the U.S. dollar on Tuesday.

     The selling in canola was curbed by spillover buying from palm oil,
European rapeseed and soy oil. In addition, traders appeared to be
reluctant to sell too aggressively ahead of Thursday's U.S. Thanksgiving
Day holiday. The ICE Futures Canada market will be open, but trading is apt
to be light with the U.S. markets closed.

                                   Resistance     Support
               Jan Canola          522.50         511.60
               Mch Canola          529.10         518.50