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Howard Leaman                                                     Dec 11/19

     Canola traded on both sides of unchanged again on Wednesday, ending
lower. The weakness was attributed to spillover selling from the soy
complex, palm oil and European rapeseed and strength in the Canadian
dollar. The dollar gained about a quarter of a cent against the U.S.
dollar. 
     The selling in canola was curbed by talk that Canadian canola is
competitively priced relative to other vegetable oils. Canola did not match
the recent gains posted by other oils.

                                   Resistance     Support
              Mch Canola           470.20         461.00
              May Canola           477.80         464.10

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