Headline News


Howard Leaman                                                     May 25/18

     Canola traded on both sides of unchanged again on Friday, ending mixed
to mainly lower. The market encountered selling pressure due to reports of
better than expected rainfall in parts of western Canada, technical
selling, and spillover weakness from palm oil and soy oil. European
rapeseed, soybeans and soy meal were firmer on Friday. 
     The selling in canola was curbed by weakness in the Canadian dollar.
The dollar took a run at a move below $.77 U.S. on Friday, down about six
tenths of a cent.

                                   Resistance     Support
               Jly Canola          540.00         528.10
               Nov Canola          527.00         517.10