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Howard Leaman                                                     Dec 12/19

     Canola was mainly higher on Thursday, ending near the highs for the
day. The market was supported by spillover buying from palm and soy oils
and European rapeseed, combined with weakness in the Canadian dollar. The
dollar lost about five one-hundreds of a cent against the U.S. dollar. The
strength in other vegetable oils continues to make Canadian canola
attractive to buyers.
     The buying in canola was curbed by continued concerns about strained
Chinese/Canadian trade relations, and talk of ample supply in commercial

                                   Resistance     Support
              Mch Canola           470.20         462.50
              May Canola           477.80         470.40

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