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Howard Leaman                                                     Nov 18/19

     Canola traded on both sides of unchanged again on Monday, ending 
higher. The market was supported by spillover buying from soy oil, and to
a lesser extent from European rapeseed. A slowdown in farmer selling of
canola added to the support in canola as the market continued to trade in
its consolidation pattern.
     The buying in canola was curbed by weakness in soybeans and meal, and 
a firmer tone in the Canadian dollar. The dollar gained about a tenth of a
cent against the U.S. dollar.

                                   Resistance     Support
              Jan Canola           466.10         454.50
              Mch Canola           475.10         463.60

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