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Howard Leaman                                                     Sep 18/18

     Canola was mainly on the defensive on Tuesday, ending lower. The 
weakness was attributed to spillover selling from the soy complex, palm 
oil, and European rapeseed, combined with strength in the Canadian dollar. 
Technical selling extended the losses in canola when key support levels on
the price charts were penetrated. The Canadian dollar flirted with a rally
above $.77 U.S. on Tuesday, up about a third of a cent.
     The selling in canola was curbed by reports of wet and cold weather in
western Canada that is disrupting the harvest and threatening to damage the
crop.

                                   Resistance     Support
               Nov Canola          491.50         482.10
               Jan Canola          498.00         488.40

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