Howard Leaman Sep 21/18 MIXED Canola has been mixed in overnight action. Palm oil, European rapeseed and the soy complex are all on the defensive this morning. The Canadian dollar is down about five one-hundreds of a cent against the U.S. dollar. BULL SIDE BEAR SIDE 1) Less than favourable weather in 1) U.S. soy conditions are parts of western Canada is delaying generally favourable, and record the harvest and threatening the large production is expected. quality of the canola crop. 2) Canola remains very expensive 2) Canola ended yesterday on a strong relative to soy. note, supporting the view that the 3) So far, China has not increased market has found technical support on its canola buying in order to the price charts. replace reduced U.S. soy purchases. 3) Though the soy complex has 4) Though the rally in the Canadian struggled in last night's session, the dollar has paused, it is still up market does look like it can show some significantly against the U.S. bounce that could lend spillover dollar compared to levels seen in support to canola. early September.